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Private fashion label collections grow at MBFG for Q4, 2005
27 Feb '06
4 min read
- The strategic acquisition of Bernie's, one of Switzerland's leading luxury goods retailers with 16 exclusive stores located in the most prestigious shopping districts in Switzerland,
- Continued vertical integration, with the further development of private label collections (apparel, footwear, and accessories) and the introduction of the Group's branded collections in the Don Gil and Bernie's retail network(s),
- Expansion of the direct distribution network with the inauguration of 18 boutiques during the year which results in a total number of Group mono and multi-brand boutiques in of 241 as of December 31, 2005,
- The successful launch of new collections for Vivienne Westwood Anglomania and Emanuel Ungaro Fuchsia,
- New licensed product introductions such as Mariella Burani eyewear collections produced and distributed by Sover, and Braccialini eyewear collections produced and distributed by Vecellio from next Christmas.
- Capital became MBFG's second largest shareholder after the Burani family, with a 6.4 percent equity share. L Capital has also been nominated to the Strategic Advisory Committee to the Board of Directors of MBFG.
- MBFG significantly reduced minority interests with the acquisition of 20 percent of the equity of Antichi Pellettieri Spa, 50 percent of the outstanding shares of Mafra Srl, 40 percent of the outstanding shares of Gabriella Frattini, 25 percent of the outstanding shares of Sedoc,29 percent of the outstanding shares of GFM and 20 percent of the outstanding shares of Braccialini.
- MBFG provided shareholders' a 4.8 percent dividend yield2 with the cumulative payout of ordinary and extraordinary dividends of € 0.36 per share.
Italian Mariella Burani Fashion Group has signed agreement in 2003 with Sector Group for the production of watches with brand “Mariella Burani”. The group's main activities are to design and manufacture the extensive range of apparel & knitwear.
- Continued vertical integration, with the further development of private label collections (apparel, footwear, and accessories) and the introduction of the Group's branded collections in the Don Gil and Bernie's retail network(s),
- Expansion of the direct distribution network with the inauguration of 18 boutiques during the year which results in a total number of Group mono and multi-brand boutiques in of 241 as of December 31, 2005,
- The successful launch of new collections for Vivienne Westwood Anglomania and Emanuel Ungaro Fuchsia,
- New licensed product introductions such as Mariella Burani eyewear collections produced and distributed by Sover, and Braccialini eyewear collections produced and distributed by Vecellio from next Christmas.
- Capital became MBFG's second largest shareholder after the Burani family, with a 6.4 percent equity share. L Capital has also been nominated to the Strategic Advisory Committee to the Board of Directors of MBFG.
- MBFG significantly reduced minority interests with the acquisition of 20 percent of the equity of Antichi Pellettieri Spa, 50 percent of the outstanding shares of Mafra Srl, 40 percent of the outstanding shares of Gabriella Frattini, 25 percent of the outstanding shares of Sedoc,29 percent of the outstanding shares of GFM and 20 percent of the outstanding shares of Braccialini.
- MBFG provided shareholders' a 4.8 percent dividend yield2 with the cumulative payout of ordinary and extraordinary dividends of € 0.36 per share.
Italian Mariella Burani Fashion Group has signed agreement in 2003 with Sector Group for the production of watches with brand “Mariella Burani”. The group's main activities are to design and manufacture the extensive range of apparel & knitwear.
Mariella Burani
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