Marchpole posts Q1 sales - to develop new markets for JCC product in London, Paris & Milan
08 Jun '05
7 min read
In the spirit of our partnership with Emanuel Ungaro S.A., we have also agreed to take space in their Paris store located in Avenue Montagne and in their London store located in Bond Street. These outlets will raise the profile of the menswear collections and provide a strong platform for the product launch. There has been a substantial net investment in the development of the Ungaro brand during the year to March 2005, the sales of product will commence in July 2005 and will be aided by the two agreements commencing in Spring Summer 2006 as outlined above.
In all they are very encouraged by the first six months of our relationship and remain optimistic for the development of this brand for the future.
Jean-Charles de Castelbajac S.A. (“JCC”)
The strategy for the development and growth of JCC remains the same; to partner with strong worldwide specialists in non-core product such as eyewear; to solidify the existing relationships of the business, to develop new key markets such as the UK, China and the USA; and to capitalise on the strengths of the Marchpole business model in areas such as production and sourcing.
Much has been achieved during the year in rolling out this strategy. Total revenues have increased to £5.4 million from pre-ownership annual turnover of approximately £1.3 million, which includes a significant improvement in licensing income.
Partnerships have been established with specialists such as Codir China and the USA; and to capitalise on the strengths of the Marchpole business model in areas such as production and sourcing.
marketing@alchempro.com
