Home / Knowledge / News / Textiles / Caldeira marches forward to tunes of sales growth
Caldeira marches forward to tunes of sales growth
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

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Marcel Alberts

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

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

Prathyusha Garimella
Prathyusha Garimella

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

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