Alexon news and archive

Sun Capital to chop various Jacques Vert brands

Sun Capital, the private equity firm behind Jacques Vert, is said to axe various of its brands in 2013, aimed to “rationalize” its portfolio. ‘This is Money’ advanced on Monday that Jacques Vert – Britain’s biggest department store concession group with 11 labels including Windsmoor, Precis and Planet – will axe several brands in 2013. A source...

Design

Miracle trousers

British brand Alexon launched a range of miracle trousers for the first time, which can result in the wearer dropping a dress size. Through a special jersey panel on the inside of the trousers the tummy area smoothens and refines ones figure. For AW10, Alexon’s new collection is modelled by Heather Stewart-Whyte wearing a mix of occasion wear,...

Fashion

Alexon out of favour

Total sales for British retail group Alexon have fallen 8.5 percent to £180.8 million in the first half, due to particularly poor performances from its Dolcis, Menswear and Mandolin brands. Last week, the group announced it would discontinue the year-old Mandolin concept in order to curb damages. The failing format has cost the company £5...

Fashion

Mandolin to discontinue

British fashion chain Mandolin is to be shut down after just one year of business. Owner Alexon, whose other brands include Dolcis, Dash, Bay Trading and Ann Harvey, said the 17 Mandolin stores would be converted into other brand formats or would be sold. "The review indicated that the brand, while still having long-term potential, would need...

Fashion

Alexon 2005 profits drop

The Alexon Group announced 2005 operating profits of £19.7 million, down from £29.4 million in 2004. The women's wear, men's wear and shoe retailer said turnover was down to £413.6 million from £424.4 million the previous year. Llike-for-like sales dropped 1.4 percent, while gross margins remained largely stable. Thanks to a strong cash position...

Fashion

Alexon disappointing first half

British clothing and footwear retailer Alexon has produced disappointing first half results, partly attributed to a tough consumer climate on the high street. Alexon, owner of chains such as Bay Trading and Dolcis, reported pre-tax profits in the first six months ended 30 July of £7.89 million. Sales dropped 1 percent on a like-for-like basis....

Fashion

Alexon trade collapse

The UK retail company Alexon Group Plc, which operates Dolcis and Bay Trading fashion chains, has warned the the fall of the Allders department store group could cause the company's earnings to drop by GBP 3 million this year. Alexon owned 118 Allders-based concessions and has already lost GBP 2.2 million from money owed and fixtures...