Clothing, footwear and accessories manufacturer Kenneth Cole Productions Inc on Wednesday posted a big jump in third quarter earnings from the year-ago period thanks to higher sales and improved cost control.

The New York-based company, whose brands include Reaction Kenneth Cole, Bongo and Unlisted, said net earnings in the quarter ended September 30 rose 48.5 per cent to 49 cents a share from 33 cents last year.

Quarterly net revenues reached a record high of $132.1 million versus the year-ago level of $123.5m, with wholesale revenues up four per cent to $79.1m and consumer direct revenues up 7.1 per cent to $42.1m.

Growth in consumer direct resulted from a same-store sales increase of 2.2 per cent as well as contributions from new stores, it explained. Licensing revenue for the quarter surged 32.8 per cent to $10.9m from $8.2m last year.

The firm said added it is "comfortable" with its prior guidance for the current which sees earnings in the range of 46 to 49 cents a share and revenues of $120m to $124m.

Chairman and CEO, Kenneth Cole, said: "We have continued to execute on a variety of strategies to enhance the value and appeal of our brands, control our operating costs, and to improve the quality and turn of our inventory.

"The results of these programs are encouraging and we continue to believe we have opportunities to make further progress."