Home / Knowledge / News / Apparel/Garments / GL increases its capital stake in Première Vision
GL increases its capital stake in Première Vision
Dec '10
Première Vision S.A., the international leader of shows dedicated to textiles and fashion industry services, is reorganising the ownership of its shareholdings. GL events is buying back the shares held by Eurovet, raising its participation in the company's capital from 24.50% to 49%, alongside French fabric manufacturers brought together in the Association Première Vision, which maintains a majority stake with 51% of shares.

The Association Première Vision and GL events - an international reference in the events sector and the long-time technical partner of Première Vision - will thus now jointly helm the company. Philippe Pasquet will be CEO and Lucien Deveaux will be chairman of the supervisory board.

Building on a brand that enjoys unparalleled international name recognition in the world of fashion and textile trade fairs, Première Vision organises the world's leading fabric show in Paris. Over the past 10 years it has created satellites of the main show in New York, Shanghai/Beijing, Moscow and most recently Sao Paulo, in a joint venture with local company Fagga Eventos, a Brazilian subsidiary of GL events.

The company is also involved in complementary fields, including yarns and fibres (the Expofil brand), design (Indigo and Direction by Indigo), denim (Denim by Première Vision), trimmings and supplies for fashion and design (ModAmont, organised in partnership with Tarsus France).

Positioned in terms of a selective offer and high-value-added services, Première Vision currently organises 22 shows per year in six countries, shows that bring together 3,400 exhibitors and welcome 160,000 professional visitors. The company, based in Lyon and in Paris, had a consolidated turnover of 35 million euros in 2009 (excluding ModAmont).

A fully integrated international group providing event solutions, also originally from Lyon, GL events operates in three major segments: organising events, management of event venues and related services. In 2010 consolidated turnover is expected to top 690 million euros. In the fashion sector, GL events has recently become a major shareholder in Sodes, organiser of the Salon du Prêt-à-Porter Paris.

In a context of accelerated concentration of businesses operating in the events sector, the strengthened ties between GL events and the Association Première Vision should allow Première Vision S.A. to foster its international development, and to further enrich its service content, as well as its portfolio of trade shows serving the fashion and accessories industries.

Première Vision S.A.

Must ReadView All

Textiles | On 27th Feb 2017

Textile industry can boost South African economy: Minister

The textile industry is one of the most strategic platforms through...

Textiles | On 27th Feb 2017

KBR bags LBED revamp contract for LG Chem's ethylene plant

KBR, Inc has bagged a technology licensing and basic engineering...

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Veronique Lee

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

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

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

Judy Frater
Somaiya Kala Vidya

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Silvia Venturini Fendi
Fendi s.r.l

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

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search