13 Aug 2008 11:00
MARCHPOLE HOLDINGS PLC
("Marchpole", "the Company" or "the Group")
Directorate Change
The Board of Marchpole Holdings plc, (LSE: MPH) announces that John Macaulay, Group Finance Director has resigned from the Board and will leave the company by mutual agreement on 12 September 2008, to pursue personal interests. The process to appoint a new Finance Director will begin immediately.
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For further information, please contact:
Bell Pottinger Corporate & Financial 020 7861 3232
Emma Kent/Amy Rajendran
Marchpole Holdings plc 020 7908 7777
Christopher Phillips, Chairman
Note to Editors:
Marchpole Holdings plc ("Marchpole") is an international brand management group that designs, produces and sells clothing and accessories for ten globally recognised fashion labels. It operates in all of the world's main markets - UK, mainland Europe, Middle East, Asia and the USA
Its respected brands include Boateng, Emanuel Ungaro, Ungaro Homme, Jean Charles de Castelbajac ("JCC"), Jean Charles de Castelbajac / Rossignol, Jean Charles de Castelbajac/Okaidi, Jean Charles de Castelbajac / New Era, Jean Charles de Castelbajac/Lee Cooper and Homebody and Homemummy
In addition to the ten brands currently managed by Marchpole, the company has recently entered into a joint venture and strategic licensing agreement with Donna Karan International Inc. under which Marchpole will source, design, produce and distribute a full range of DKNY menswear apparel with the active involvement of DKI in New York. The Spring 2009 seasonal collection, which will carry the DKNY Black Label, will be the first collection offered by Marchpole under this agreement
Marchpole is known for its integrated approach to brand management, taking a brand from concept to design studio to the customer interface.
The Group has grown considerably in the past four years, from a licensee with one core license (YSL menswear) - to today's international business that manages its brands across a multitude of clothing lines and accessories
Marchpole's acquisition (March 2006) of Moda America - the US licensee for leading designer Emanuel Ungaro - provided further growth opportunities in the UK and America and strengthened the Company's relationship with Ungaro
The acquisition also enabled the Company to launch the Ungaro brand, already established by Marchpole in Europe and Asia, into the US, Canada and South America. The acquisition has also enabled the Company to re-launch JCC into America.
In March 2007 Marchpole acquired 100% of Greenmark Limited, an importer and wholesaler of ladies shoes who currently supply in excess of 2.5 million pairs of shoes per annum.