Group secures lucrative new signings
Marchpole Holdings, the international fashion brand management group, unveiled a spectacular performance in the first half of the year, with a group turnover more than double that of last year.

The company revealed a turnover of£38.6 million in the six months ending September 30, compared with£14.9 million the previous year. Pre-tax profits were£4 million, up from£1 million last year and operating profits rose to£5 million, compared with£1.2 million the year before.

Marchpole Holdings, which designs, produces and sells high quality clothing and accessories, has been in the business for more than 30 years, predominantly as licensee for Yves Saint Laurent and working with designers such as Jasper Conran, Tomasz Starzewski and Boateng.

Marchpole Holdings executive deputy chairman Michael Morris said: 'During the last six months, the evolution of the company from being a single brand, single country business, into a diversified multi-brand and international business has continued in line with our strategy.

'We are delighted with the progress made in securing additional licence and distribution agreements for both Jean-Charles de Castelbajac and Emanuel Ungaro and also the acquisition of the luxury brand Homebody.

'We are confident that the company is in a strong position to continue its growth both through further licensing agreements and acquisitions.'

In 1973, Marchpole was incorporated under the name Marchpole Limited and in November 1997 it floated on the London Stock Exchange as Marchpole Holdings plc, where it has maintained a listing since.

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