Locked content TXM revenue declines due to warm weather

Clothing company TXM recorded preliminary consolidated revenue in September of about PLN 29 million, registering 20 percent decrease y/y. The results were affected by the weather: high temperatures in September led to lower sales of Autumn collection, TXM CEO Marcin Gregorowicz said in a statement. ...

Locked content TXM plans to increase import share to 70% in 2019

Clothing company TXM plans to further increase import share in sales to over 50 percent in Q1 2019. For some product categories the import target is up to 70 percent, CEO Marcin Gregorowicz said. He added that by the end of 2019 the import should grow to about 70 percent of total sales. In H1…...

Locked content TXM to raise PLN 31.9 mln from share and bond issue

TXM has completed the recapitalization of the company through the issue of shares and bonds with a total value of PLN 31.9 million, the company said. The management board also announced the signing of amending agreements with the financing banks, which guarantee the company that credit lines will be...

Locked content Redan plans to buy additional shares in TXM

WSE-listed clothing company Redan intends to buy newly issued shares in its subsidiary TXM valued PLN 5 -7 million. Redan plans to finance the transaction with a bond issue of PLN 11-13 million nominal value. Redan added that it is also in talks with 21 Concordia 1, which is the second biggest share...

Locked content TXM to debut on WSE

Polish clothing manufacturer TXM Group plans to debut on the main market of the Warsaw Stock Exchange (WSE) on Thursday, December 29, the company said in its press news release. “The intention of the board of TXM is that the rights to shares were introduced to trading on the WSE on the 29 of D...