PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Can Can Lingerie Holding AG

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Major Lingerie Brand Continues its Expansion into Asia - After a successful launch into China, the Can Can Express brand is expanding into India and other Asian countries
Major Lingerie Brand Continues its Expansion into Asia

 

NewswireToday - /newswire/ - Sydney, New South Wales, Australia, 2009/01/12 - After a successful launch into China, the Can Can Express brand is expanding into India and other Asian countries.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Apparel/Garment/Fashion Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Owners of a leading lingerie brand are embarking on a major global expansion programme following their listing on the Frankfurt Stock Exchange.

Can Can Lingerie Holding AG is using the listing – which values the company at around 50million Euros – to finance moves into Asian markets, taking advantage of the rapid growth anticipated in the retail sector.

The Swiss firm owns the Australian Can Can Express brand and their master licensee in China has already opened several stores in the Far East.

The company is to add more stores in China in 2009-10, and is in discussions with other potential licensees in India and the USA.

Chief Executive Officer Michael Pakula said: “The Asian market is one of the few forecast to have any growth at all in the short term.

“Retail sales in China are expected to grow 20% per annum until 2010, compared to negative or flat projections in Western economies.

“The growth in Asia, in particular our existing Chinese market, and our entry into the Indian market, will power our expansion for several years.

“We are being presented with many new business opportunities, and we see the economic climate as a chance to create a stronger, fast growing company with a worldwide footprint.”

Alongside the company’s expansion into Asia in the next two years, Can Can is also looking to make several corporate acquisitions in 2009, and branch into Western markets in the medium to long-term.

In doing so they will utilise more than 50 years’ experience of brand management, to develop their product ranges and create more rounded lifestyle offerings.

They currently deal exclusively in lingerie, nightwear and accessories created by Australian designers and manufacturers. The company also has a manufacturing base in China.

Mr. Pakula said: “Can Can Lingerie Holding AG’s board of directors have a vast amount of experience of brand development and also maintain significant shareholdings in the company.

“They have the confidence and expertise to take advantage of the current economic climate, and strong motivation to increase wealth for the benefit of all the company’s shareholders.

“We are also looking to bring more cornerstone shareholders, who share our vision for growth, on board in the short term.

“The Frankfurt Stock Exchange was chosen for our listing due to its strategic importance within the European investing community and reputation as one of the world’s leading stock exchanges.”

Can Can Lingerie Holding AG’s WKN code is A0Q7M5.

Media enquiries should be directed to Richard Swancott Associates on UK 0800 902 0465/07880 733138, or by email.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Apparel/Garment/Fashion Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Can Can Lingerie Holding AG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Apparel Garment Fashion - PURCHASE industry keywords tags Apparel Garment Fashion / Banner Ads! on HotCover.com!.

 
  Your Banner Ad showing on ALL
Apparel/Garment/Fashion articles,
CATCH Visitors via Your Competitors Announcements!


Major Lingerie Brand Continues its Expansion into Asia

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Michael Pakula - CanCanExpress.com 
+61(2) 9663 2842 info[.]cancanexpress.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Can Can Lingerie Holding AG securities in any jurisdiction including any other companies listed or named in this release.

Apparel/Garment/Fashion via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Can Can Lingerie Holding AG / Company Profile


Read Apparel/Garment/Fashion Most Recent Related Newswires:

2C Light Co. Ltd and TK Corp Sign MoU for Exclusive Supply of Electricity Generating Solar Fabric
Nerdy Fresh Launches it's New Collection - Artisan Clothier
APART Introduces Luxury Fashion Brands At Dubai Exhibition
Loudoun Residents to Host Charity Fashion Show to Support Breast Cancer Patients
Magpie Dry Goods Launches Range of Leather Accessories
Duo Du London Announces the Launch of its Exclusive Eco-friendly Garments
GARTEX - Complete Garment Manufacturing Solutions Show to Debut on August 27 in Pragati Maidan, New Delhi
New Florida State Seminoles Apparel for Noles Fishing Fans by Skiff Life
Blue Goddess Reborn Line Launches June 18th with Limited Collection
Jacki Easlick Introduces New Tote Hanger
UK Shapewear Distributor, CurvesLine, Now Official Distributors of Ann Chery
Adorable Things Ltd Launches Their New Line of Stylish Hair Ties
Sahiba Ltd Launches New Online Indian Clothing Store - eSahiba.com
Clark Alvarado State Farm Insurance Agency Announced as Official MMIFW Sponsor
US-based Online Luxury Women's Fashion Retailer, ODIVO Launches

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)