Home / Knowledge / News / Fashion / Burani to achieve double digit growth in 2008

Burani to achieve double digit growth in 2008

May '08
Burani Designer Holding N.V. a company offering Italian lifestyle products and services to customers world-wide, announces its results for the year ended 31 December 2007, reflecting a 10.6% increase in 2007 revenues, and a 17.9% increase in revenues net of extraordinary items.

The consolidated financial statements include the pro rata contribution from the companies acquired during 2007, namely Arcte, Crisfer, Eurocosmesi (from April 2007) and Granulati (from October 2007).

The results also reflect the consolidation within Mariella Burani Fashion Group of Valente, Rosato, Calgaro (Fashion jewellery) and Dadorosa (Leather Goods), the deconsolidation of the multi-brand retail division as of June, 2007.

Extraordinary items include the capital gain on the IPO of AP in 2006 and the capital gain on the disposal of the multi-brand retail division in 2007.

• Successful listing on London's AIM market in June 2007 raising €130m (of which €94m proceeds due to the Company); proceeds used to finance the expansion of the BDH Group through selective acquisitions;
• Expansion of the fashion jewellery business within Mariella Burani Fashion Group through the acquisitions of three successful Italian companies: Rosato, Valente and Calgaro;
• Strategic entry into the beachwear and underwear business, identified as an attractive target segment of the accessible luxury goods market, through the acquisitions of Crisfer and Arcte;
• Extension into complementary wellness and skincare through the acquisition of Eurocosmesi;

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 26th Nov 2020

Bangladesh wants duty-free entry of 42 products into Nepal

Bangladesh has sought duty-free entry of 42 products, including...

Pic: Shutterstock

Textiles | On 26th Nov 2020

Curbs on exports to China may cripple Oz wool industry

The Australian wool industry may witness a crippling effect of...

Pic: Shutterstock

Retail | On 26th Nov 2020

Target Corp revenue grows 21.3% to $22.6 bn in Q3 FY20

Target Corporation, a US-based retail company, has reported 21.3 per...

Interviews View All

Dinaz Madhukar, DLF Emporio and DLF Promenade

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Textile Industry, Head honchos

Textile Industry
Head honchos

Social media critical in regeneration of businesses

DK Sharma, Velocity Apparelz

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Henk-Jan Rohaan,

Henk-Jan Rohaan

The custom-built machineries of Brugman Holland are known for reliability, ...

Alexander Foll,

Alexander Foll

Germany-based H Stoll AG & Co KG manufactures flat knitting machines....

Jason Remnant,

Jason Remnant

<div>Xaar plc develops digital inkjet technology; it designs and...

Iago Castro Asensio, RCfil Distribuciones S.L.

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

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

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

<span style="font-size: 12px;">Designer Suman Nathwani talks about her...

Pranav Mishra, Huemn

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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


Leave your Comments

November 2020

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

Advanced Search