MPH.L Regulatory News (MPH)

26 Jul 2007 07:00

Marchpole Holdings PLC26 July 2007 MARCHPOLE HOLDINGS PLC ("Marchpole", "the Company" or "the Group") Directorate Change The Board of Marchpole Holdings plc, (LSE: MPH), the fast growing fashion brandmanagement group, announces that John Harrison, Group Finance Director hasresigned from the Board. He will continue in his role as Finance Director untila suitable successor is appointed. The process to appoint a new Finance Directoris underway. Christopher Phillips, Chairman, said: "The Company has delivered impressive growth and profitability and the Board of Marchpole is indebted to John for his valuable contribution and support since joining the Board in March 2004. We wish him well for the future." - ends - For further information, please contact:Bell Pottinger Corporate & Financial 020 7861 3232Emma Kent/Amy Rajendran Marchpole Holdings plc 020 7730 8877Christopher Phillips, Chairman Note to Editors: - Marchpole Holdings plc ("Marchpole") is an international brandmanagement group that designs, produces and sells clothing and accessories forten globally recognised fashion labels. It operates in all of the world's mainmarkets - UK, mainland Europe, Middle East, Asia and the USA - Its respected brands include Boateng, Emmanuel Ungaro, Ungaro Homme,Jean Charles de Castelbajac ("JCC"), Jean Charles de Castelbajac / Rossignol,Jean Charles de Castelbajac/Okaidi, Jean Charles de Castelbajac / New Era, JeanCharles de Castelbajac/Lee Cooper and Homebody and Homemummy - Marchpole is renowned for its integrated approach to brandmanagement, taking a brand from concept to design studio to the customerinterface. It is not a clothing manufacturer - The Group has grown considerably in the past four years, from alicensee with one core license (YSL menswear) - to today's internationalbusiness that manages its brands across a multitude of clothing lines andaccessories - Marchpole's acquisition (March 2006) of Moda America - the USlicensee for leading designer Emanuel Ungaro - provided further growthopportunities in the UK and America and strengthened the Company's relationshipwith Ungaro - The acquisition also enabled the Company to launch the Ungaro brand,already established by Marchpole in Europe and Asia, into the US, Canada andSouth America. The acquisition has also enabled the Company to re-launch JCCinto America. - In March 2007 Marchpole acquired 100% of Greenmark Limited, animporter and wholesaler of ladies shoes who currently supply in excess of 2.5million pairs of shoes per annum. This information is provided by RNS The company news service from the London Stock Exchange