×
155
Fashion Jobs
PRIME PLACEMENT AND MANPOWER SERVICES
International Sales Executive - Female - Khokhra - Ahmedabad
Permanent · Ahmedabad
CAPITAL PLACEMENT SERVICES
Cfo For International Funding For 1000 Crore Company in Gujarat
Permanent · Vadodara
NEEJ
Business Development Manager
Permanent · MUMBAI
LIFESTYLE BRANDS
Regional Sales Manager, Peter England - Bangalore
Permanent · BENGALURU
KITEX GARMENTS LIMITED
General Manager - Merchandiser
Permanent · ALUVA
ZODIAC CLOTHING CO LTD
Sourcing Officer (Fabric & Garment)
Permanent · MUMBAI
LIFESTYLE BRANDS
Head of Marketing, Louis Philippe - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Group Manager - E-Commerce Product (B2B)
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Product, Louis Philippe
Permanent · BENGALURU
PANTALOONS HO
Senior Executive - Marketing
Permanent · PUNE
LIFESTYLE BRANDS
Manager - Trade Channel, Finance
Permanent · BENGALURU
LIFESTYLE BRANDS
Executive -Key Accounts (Mis),lp
Permanent · BENGALURU
LIFESTYLE BRANDS
Senior Executive - Garment Technician (ww &Amp; Kids), Pdqa
Permanent · BENGALURU
LIFESTYLE BRANDS
Sales Executive - Kannur &Amp; Kasargod
Permanent · BENGALURU
HIGH FASHION GARMENT COMPANY
Manager Humanr Resource (Male) From Mumbai Only
Permanent · MUMBAI
RAJ KHATRI FILMS PVT LTD
Digital Marketing Executive
Permanent · MUMBAI
ANANDGUPTA COUTURE
Social Media Marketing & Fashion Design Assistant
Permanent · MUMBAI
DESIGNR
Sales Officer
Permanent · NEW DELHI
NETE.IN
CRM & Logistics Executive
Permanent · MUMBAI
FABINDIA OVERSEAS PVT. LTD.
Retail Planner
Permanent · NEW DELHI
SELECTIVE GLOBAL SEARCH PVT. LTD.
Business Development
Permanent · NEW DELHI
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KARIMNAGAR

IC Companys sells off another four brands

Published
today Apr 2, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

IC Companys has taken an important step in its strategy of focusing on the upmarket segment. The Danish group has just sold another of its many brands grouped in the mid-segment.

After giving up Jackpot and Cottonfield in 2013, this time the company has sold InWear, Matinique, Part Two and Soaked in Luxury. They buyer is another Danish ready-to-wear group, DK Company.

InWear spring-summer 2014.


In 2013, IC Companys announced the restructuring of the four brands in its mid-segment portfolio in an effort to make them more profitable. In the first half-year ended 31 December, operating profit did indeed double from 1.5 million euros to 2.8 million euros, particularly through store closures. However sales of the brands themselves continued to decline (-16% over the first six months).

A strong player in the mid-market segment, DK Group, owner of Blend, B.Young and Denim Hunter, hopes to boost sales of its new acquisition through its market expertise.

For its part, IC Companys will concentrate on its three premium brands — its leading outerwear line, Peak Performance, and designer fashion brands By Malene Birger and Tiger of Sweden. The company also owns two other brands, Saint Tropez and Designers Remix, whose activity has been "isolated" from the rest of the group as sales are still being considered.

Copyright © 2019 FashionNetwork.com All rights reserved.