By
AFP
Published
Mar 25, 2009
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Agent Provocateur growing despite the crisis

By
AFP
Published
Mar 25, 2009


Agent Provocateur Spring-Summer 2009
British lingerie group Agent Provocateur demonstrated on March 23 that they are, for the moment at least, impervious to the recession with a growth of 8% in sales since March 2008 according to the director general.

The company, founded in 1994 by Joseph Core – the son of the English designer Vivienne Westwood, and his wife, was bought at the end of 2007 by the private equity group 3i. By March 2008 sales for the year had increased by 26% at £20.7 million (€21.5 million).

Director general Garry Hogarth remarked in the report that Agent Provocateur “could keep growing, despite the difficulties of the current economic environment.”
At the moment the company employs one hundred and thirty people in the United Kingdom and has forty-three shops, but intends to double this number in the next three years whilst also increasing the number of internet sales. The group is also developing its own line of cosmetic products.

Agent Provocateur is currently sold in eighteen countries including Hong Kong, Dubai and Bahrain.

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