Home / Knowledge / News / Fashion / Greenmark trades profitably & in line with expectations
Greenmark trades profitably & in line with expectations
02
Feb '08
Marchpole Holdings plc, the fashion brand management group, has published its Interim Management Statement as required by the revised Listing Authority disclosure rules. The statement relates to the first 18 weeks of the second half of the 2007 financial year, representing the period 1 October 2007 to 31 January 2008.

Our relationship with the House of Ungaro continues to develop and we have made further progress in establishing the Emanuel Ungaro and Ungaro Homme diffusion labels as a worldwide menswear brand. We have restructured Moda America, our subsidiary in the USA, which will result in significant cost savings and a reduction in the losses and stabilised current trading.

The Jean Charles de Castelbajac (JCC) brand has made further progress during the period, and in particular, the royalty income is increasing as a result of the new licensing agreements that have been initiated during the last twelve months.

In addition, we have signed the leasehold on the first UK flagship store for the brand, which will be at 50-51 Conduit Street in the fashion heart of London. We anticipate that this store will be opened by the end of spring 2008.

With regard to the Ozwald Boateng range, we have settled our dispute with Bespoke Couture and under the terms of the settlement we have extended our manufacturing and distribution license with Ozwald Boateng.

As a result of the settlement, we shall not incur any royalty payments to Bespoke Couture over the next three years, which will result in savings of over £1 million. Sales and orders for the brand continue to grow.


Must ReadView All

Courtesy: Sympatex Technologies

Textiles | On 23rd Feb 2018

Sympatex, Ricosta jointly move towards sustainability

Sympatex Technologies is moving towards sustainability with its...

Courtesy: Business wire

Information Technology | On 23rd Feb 2018

CLO Virtual Fashion launches CLO 4.0 & new website

CLO Virtual Fashion, a leading developer of cutting-edge 3D garment...

Courtesy: Delta Galil

Apparel/Garments | On 23rd Feb 2018

Delta Galil 2017 sales up 16% to $1,368.1 million

Delta Galil sales for full year 2017 increased 16 per cent to...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Marten Alkhagen
Swerea IVF AB

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

February 2018

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
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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