Nicole Schöwel becomes Vice President Communications

Pfäffikon SZ, 30. August 2011 – Group management has appointed Nicole Schöwel (36) as Vice President Communications. She succeeds Rudolf P. Scheben, who had responsibility for corporate communications in the interim, and will report directly to CEO André Maeder. She will take up her role on Monday 5 September 2011. 

Download Picture Nicole Schöwel

Delayed impact of modernization strategy and strong franc lead to consolidated loss

The depreciation of the euro had a massive negative effect on Charles Vögele Group’s performance in the first half of 2011. Gross sales were down by CHF 64 million to CHF 626 million. 86% of this reduction was due to currency effects. The depreciation of the euro also resulted in a goodwill impairment of CHF 36 million. Overall, these factors led to a consolidated loss of CHF -62 million. The direct influence of the weak euro on consolidated results came to CHF -19 million. The company continues with the rigorous implementation of its modernization strategy. However, the full impact of the new approach is requiring more time than originally planned. Given the current foreign exchange and market environment, it will not be possible to break even in 2011.

Charles Vögele Group: Werner Lange leaves the company

Pfäffikon SZ, 30 June 2011 – Werner Lange, Chief Purchasing Officer (CPO), is leaving Charles Vögele Group on 30 june 2011 at his own request to pursue his career outside the company. He has worked for Charles Vögele since July 2007. The search for his successor has begun.

Strong franc holds back Charles Vögele

Charles Vögele Group's sales figures were adversely affected by currency influences in the first five months of this financial year. A slight increase in sales was posted after adjusting for fluctuations in exchange rates and floorspace.

State-of-the-art logistics centre: Regional Distribution Center South (RDC) opens

Pfäffikon SZ, 1 June 2011 – Today saw the opening of the Regional Distribution Center South (RDC South) in Werndorf (A), one of the most cutting-edge logistics centers in Europe. This 45,000 m² multi-channel warehouse will supply the markets in Austria, Hungary, Slovenia and the Czech Re-public from a central stock as required.

Charles Vögele Group: resolutions of the 2011 shareholders’ meeting

Pfäffikon SZ, 13 April 2011 – The shareholders of Charles Vögele Holding AG approved the 2010 annual report at the shareholders‘ meeting today and agreed to all the motions put forward by the Advisory Board.

Collection from Penélope and Mónica Cruz available now

Pfäffikon SZ, 21 March 2011 – The Charles Vögele Group, one of the leading vertical fashion retailers in Europe, is introducing the Biaggini Violett collection designed by Penélope und Mónica Cruz in their stores today. CEO André Maeder says, “We are pleased that the collection designed personally by the world-famous actresses is available in selected stores.” Mónica Cruz will follow the launch of her collection in person in the flagship store in Zurich today. The designer pieces are available in 400 stores across the Group.