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The retailer, originally founded by Cath Kidston, who remains its creative director with a 20 percent stake in the company, said it was confident about future growth, with its products retaining "broad appeal" across the globe.The group has been majority owned by US private equity firm TA Associates since 2010. The private capital firm now holds nearly 60 percent of the whole company.
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The homeware chain said group sales in the year to the end of March rose 19 percent to exceed 100 million for the first time.The company’s latest results for the year to March 31 show annual sales grew 19 percent to 105 million pounds, while earnings before interest, taxes, depreciation and amortisation rose 13 percent to 21 million pounds.