Style aware: Mannequin Hailey Bieber
Carrie Bradshaw’s favorite excessive heel designer has posted a droop in gross sales because the storm clouds hanging over the posh items trade proceed to darken.
Manolo Blahnik – worn by Sarah Jessica Parker’s character in Intercourse And The Metropolis and mannequin Hailey Bieber – revealed gross sales hit £91.2m in 2023.
That was down 10 per cent from the yr earlier than.
Earnings additionally tumbled by a 3rd to £13.2m.
The model is affected by the downturn in high-end trend spending, pushed by weak efficiency within the US and China.
However the firm, created by the eponymous designer in 1972, described the outcomes as ‘sturdy’.
Boss Kristina Blahnik, Manolo’s niece, stated: ‘Our efficiency got here off the again of a rare yr of gross sales and shopper demand in 2022.’
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