Home / Knowledge / News / Textiles / Caldeira marches forward to tunes of sales growth
Caldeira marches forward to tunes of sales growth
06
Oct '09
Cushion maker firm, Caldeira saw a 67 percent increase in its sales for the year 2008. Sales of the company increased to £18.62 million from £11.16 million, but its pre-tax profits dropped down to £350,000 from £850,000 on account of a one-off deal and restructuring costs, currency fluctuations and collapse of a key US customer.

However, in the current year sales of the firm should reach up to £22.12 million and pre-tax profits are expected to grow around £1 million, stated Mr. Tony Caldeira, founder of the firm and former ECHO Young Business Person of the Year.
Sales of the company increased after the acquisition of 14 home textile stores called 'Fabric Warehouse' last May and offered the company its first dedicated high street presence. The company has performed well even during current critical times, said Mr Caldeira.

The firm employs around 400 workers at its Knowsley Business Park base, stores, Chinese factory and at a US office. Caldeira maintains a considerable sales progress compared to its competitors and will go on soaring up as it remained prudent during its booming years, added Mr Caldeira.

Fibre2fashion News Desk - India

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kerem Durdag
Biovation II LLC

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

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

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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