Home / Knowledge / News / Apparel/Garments / Leading lingerie company increases stake in Top Form, HK
Leading lingerie company increases stake in Top Form, HK
21
Aug '08
Last week, Van de Velde increased its participation in Top Form International from 16.37% to 23.3%. This increase took place at the share price of Top Form International.

The shares were purchased at an average unit price of 0.5661 HKD/share. The total cost of the operation represents a counter value of € 3.6 million.

With this, Van de Velde confirms its confidence in both the sustained future of Top Form International and the long-term relationship between both companies.

Presentation of Top Form International:
Top Form International is the largest OEM manufacturer of brassieres in the world (OEM or original equipment manufacturing) with manufacturing facilities in Thailand, in the Philippines and in China. Top Form International is listed on the Hong Kong stock exchange.

On 30 July 2008, Top Form International announced the acquisition of Ace Style Intimate Apparel Limited. Ace Style is one of the world's leading manufacturers of lingerie with own design (ODM or original design manufacturing) with manufacturing sites in China and in the Philippines.

Presentation of Van de Velde:
Van de Velde is a European premium player in the field of fashionable luxury lingerie. Van de Velde is committed to a long-term strategy of brand building and retail development around the concept of 'lingerie styling' (fit, style, fashion) worldwide. Van de Velde operates mainly across Europe and North America.

The results for the first half of 2008 will be announced on Friday 29 August before trade.

Van de Velde


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Courtesy: Badger Sportswear

Apparel/Garments | On 12th Dec 2017

Badger Sportswear acquires Alleson Athletic

Badger Sportswear, a leading manufacturer of athletic apparel and...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Urmil Arya

Sushila International, a well established textile organisation established ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Robert Brunner
Devereux

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

December 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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

Yes No

Active Poll

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

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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

Yes No

Active Poll

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

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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

Active Poll

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

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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