Jigsaw’s parent company Mountain Berg’s profits jumped £700,000 to £1.9m as sales surged 19% to £56.8m in its year to the end of January.
The performance mark a stark turnaround for the brand, which had been struggling even before the pandemic amid a tough mid-market fashion sector.
However, the fashion chain has thrived post-pandemic in part due to its stronger online offer, where it now sells through Next, according to This Is Money.
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Jigsaw had undergone a major overhaul with ex-CEO Beth Butterwick, who left the retailer in October to helm Clarendon Fine Art, closing almost a quarter of its stores in 2021.
The retailer is back in expansion mode with stores in Manchester, and Battersea, Islington and Kingston in London slated to open this year.
Butterwick, who was replaced by former Oasis and Warehouse boss Hash Ladha, told The Times earlier this year that Jigsaw could open about 20 new sites in the next few years.
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