Stine Goya, the Danish contemporary fashion brand, has revealed sales grew 35 per cent in FY ’22-23 driven primarily by a strong international performance as it invests further in the UK and US markets.
The brand, which was founded in the UK in 2006 by the same-named designer, has moved from an agency model to in-house wholesale, opened its own flagship location on Beak Street in Soho, and converted from an agency model to in-house wholesale. Additionally, the US wholesale market has been brought in-house, and a distinct setup with a New York office has been created.
“We are very pleased to be able to show continued significant growth and at the same time be able to make investments in our future development,” said CEO and co-owner Thomas Hertz.
The firm claimed that its emphasis on collection development and enhanced foreign sales efforts, including those inspired by the yearly trade exhibitions in Paris, have also “created a positive development in Europe and Asia”.
In the UK, Stine Goya is available from its flagship store and website as well as from high-profile accounts such as Selfridges, Flannels, Harvey Nichols and Liberty along with premium independents such as Wild Swans, Jules B and The Dressing Room.
