Product expansion drives profit spike at Rigby & Peller

The multiple lingerie retailer, Rigby & Peller, has boasted a boost in its bottom line following a product portfolio expansion earlier this year.

The Mayfair-based brand, which is famous for its expert fitting services, saw revenues at stores open for more than a year rise 3.6% in the six months to June 2017, according to the Evening Standard.

The bumper sales was reportedly due to an increased product offering. Rigby & Peller has recently expanded its offering and now sells room fragrances, socks and candles.

Story continues below

Rigby & Peller, which is owned by Van De Velde, stocks high-end luxury lingerie and swimwear brands, including Maison Lejaby, Aubade, PrimaDonna, Simone Perele and Empriente.

Last year, growing brand Rigby & Peller opened 13 stores in the US, including a flagship location in New York, as part of Van de Velde’s ambitious plan to expand on a global level.

Van de Velde also owns Intimacy Bra Fit Stylists, whose former US retail locations are now fully transitioned into Rigby & Peller stores.



Related posts