Home / Knowledge / News / Apparel/Garments / Leading lingerie company increases stake in Top Form, HK
Leading lingerie company increases stake in Top Form, HK
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

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search