DENMARK: IC Companys’ H1 earnings rise by 57%
Clothing maker IC Companys AS has posted a 57% increase in first-half operating earnings, rising to DKK241m (US$38.6m) from DKK153m in the same period last year.
Sales rose to DKK1.655bn from DKK1.536bn.
IC Companys, which designs, markets and sells fashion and casualwear under brands such as Remix Collection, Jackpot and Peak Performance, retained its full-year guidance for sales of around DKK3.0bn with an operating profit in the range of DKK285-315m.
Fashion firm IC Companys has signed a deal to buy Adventure Sport & Leisure (ASL), the Norwegian distributor of the Peak Performance active wear brand, for DKK25m (US$4m)....
Danish clothing group IC Companys A/S has sold the Sir of Sweden label, which belonged its Tiger Group, to domestic men's wear company G Falbe-Hansen A/S....
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