Aspinal of London bags a bumper Christmas after shoppers flocked back to its stores
Aspinal of London hailed a bumper Christmas as shoppers flocked back to its stores.
The luxury firm’s luggage, leather accessories and stationery flew off the shelves at its Regent Street shop.
Its Harrods concession and Royal Exchange boutique also enjoyed huge uplifts in the first December without Covid restrictions for three years.
Sales surge: Aspinal of London sells a collection of handbags designed by Downton Abbey actress Michelle Dockery (pictured)
Overall sales were up 15 per cent in December compared with a year earlier, driven by a 40 per cent surge in stores.
Founder and boss Iain Burton hailed a particularly strong showing for its core products which include a £495 Lottie bag as it became the latest luxury firm to show strong sales, with wealthier customers still spending big.
Burton founded the business in London in 2001 alongside his Ukrainian wife Mariya Dykalo.
It sells a collection of handbags designed by Downton Abbey actress Michelle Dockery and its £325 Mayfair clutch is a favourite of the Princess of Wales and Jennifer Lopez.
Burton said it hopes to grow the brand and expand internationally. Sales in the nine months to December 31 grew by a quarter.
For the year to the end of last March sales jumped 29 per cent from a year earlier to £29.8million, while profit more than doubled to £4.1million.