Charles Vögele defines new group management structure and amends brand strategy

As part of the ongoing development of its 3-pillar strategy, Group Management and the Board of Directors have redefined the structure of Group Management and approved an amended brand strategy. The operative result of the second half of the 2011 financial year will be clearly weaker compared with the first half.

Second Charles Vögele Fashion Days: Til Schweiger presented his collection

The opening night of the Charles Vögele Fashion Days was a resounding success. Around 950 guests attended the curtain-raiser to the four-day fashion event. One of the highlights of the evening came when Til Schweiger presented the collection he has designed for Biaggini Violett. Pop and soul singer Sarah Connor provided the musical entertainment.

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Photo Til Schweiger
Photo Til Schweiger II
Photo Til Schweiger III
Photo Sarah Connor

Til Schweiger talks about his Charles Vögele men’s wear collection

The Biaggini Violett collection designed by Til Schweiger has been available in 400 selected Charles Vögele stores since autumn 2011. Just before the Charles Vögele Fashion Days, Til Schweiger and Christian Braun, Head of Designer Men’s Wear at Charles Vögele, talked about how the collection was created.

Photo Til Schweiger
Photo Til Schweiger II

New Vice President Sourcing and Vice President Business Information Center (BIC) (Kopie 1)

Group management of Charles Vögele has appointed Johannes Schuller (50) as Vice President Sourcing and Wolfgang H. Zumkeller (34) as Vice President Business Information Center. Schuller will report directly to CEO Frank Beeck. Johannes Schuller has taken up his role on 6 September 2011.

Charles Vögele Fashion Days with Special Guest Til Schweiger

Charles Vögele will be putting on a glittering show once again at the second Fashion Days Zurich: on the opening night the new Biaggini Violett collections – designed by Penélope and Mónica Cruz and Til Schweiger – will be an eye-catching display. Music act Sarah Connor will round off the evening programme.

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Download Image Penélope Cruz
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Management change at Charles Vögele Group

André Maeder, CEO of Charles Vögele Group is leaving the company with immediate effect. This is because of differences of opinion about the implementation of corporate strategy. Frank Beeck, currently Chief Sales Officer at Charles Vögele, will take over as the new CEO.

Til Schweiger Collection now available in selected stores

Pfäffikon SZ, 9 September 2011 – “We are pleased to announce that the self-designed collection by the internationally famous actor and producer Til Schweiger is now available in 400 selected stores,” says Charles Vögele CEO André Maeder. Til Schweiger was involved in every stage of the Biaggini Violett collection for the fashion retailer, from the first sketch to the finished garments. The cut and quality of each piece of clothing was discussed intensively. Christian Braun, Head of Designer Men’s Wear Charles Vögele, says, “Til makes a strong contribution with his fashion sense. It is important to him that every single item in the Biaggini Violett collection could come from his wardrobe.”

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Download Image Kollektionsentwicklung Til Schweiger mit Charles Vögele Design-Team 

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. 

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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.