• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Burani to achieve double digit growth in 2008

26 May '08
3 min read

• Diversification into Italian fine foods through new subsidiary BDH Food Design; majority stake acquired in Granulati Italia SpA and new joint venture established to develop a network of premium Italian ice cream boutiques in Italy and abroad under the Chocolat brand;
• Joint ventures agreed with Damas and Gitanjali Group to further develop MBFG's global presence, especially in the Middle East and India; and
• Inauguration of 48 boutiques in 2007; BDH's retail network at year end included 247 mono-brand boutiques worldwide (89 DOS & 158 franchisees).

Kevin Tempestini, Chief Executive Officer, commented:
“A solid platform has been laid down this year for the development of a diversified accessible luxury Group offering Italian lifestyle products and services to customers world-wide.

The financial accounts are encouraging, notwithstanding the fact that they incorporate one time costs related to the IPO, and only nine months of operating results of the newly acquired companies.

Annual results are indicative of the direction this Group will take and the dynamic pace at which our strategies will be implemented to create value for our shareholders. Current trading is buoyant and I am confident that 2008 will reflect double digit growth.”

Click here to view more:

Burani Designer Holding N.V.

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search