Home / Knowledge / News / Apparel/Garments / Gardeur posts positive results for FY 14-15
Gardeur posts positive results for FY 14-15
03
Dec '15
Gardeur Gmbh, a Germany based trouser specialist for men and women, posted positive results for its fiscal year 2014-15 – from 1 October, 2014 to 30 September, 2015 – with a turnover of € 83.4 million and EBITDA of €3.13 million, exceeding the annual surplus comfortably, according to a press statement released by the company.

The company posted positive results for fiscal 2014-15 despite annual turnover for the fiscal being lower than the previous fiscal, which was €88.4 million. EBITDA posted for the last fiscal was €3.7 million.

Commenting on the results, Gerhard Kranzle, CEO and majority shareholder at Gardeur GmbH said, “Our full verticalisation project and intense zone management are paying off and are the way forward. We are satisfied with our results and progress. We are clearly focused on value-based turnover allowing us to also generate revenue for long-term.”

“While the market is weakening, retailers are earning good money with us. This should continue to be our motivation. We intend to continue working on this development navigating Gardeur into a growth phase. And we are well on the way,” he added.

Kranzle especially sees quality-focused, partnership-based cooperation with retailers on the agenda for next year.

The group's portfolio includes the brands Atelier Gardeur, Anna&Jan and Thomas Rath Trousers. (MCJ)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X