DENMARK: Falbe Results Fall Into Minus Figures
Danish menswear brand Falbe-Hansen A/S had a terrible year in 2000, with results before tax standing at minus DKR4.9m ($576,722) - DKR6m ($706,191) worse than results in 1999, which stood at DKR1.1m ($129,468). Turnover in 2000 was DKR96.4m ($11.3m) as against DKR95.7m ($11.2m) in 1999. Increase in turnover was not achieved as expected primarily because of the general low retail sales last autumn, which negatively affected reorders.
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