Locked content Bytom requests suspension of stock quotes on WSE from November 29

Bytom has submitted an application to the Warsaw Stock Exchange (WSE) to suspend share quotations from November 29, 2018 in connection with the planned merger with Vistula Group, the company said. At the beginning of June, the boards of the Vistula Group and Bytom adopted resolutions regarding the i...

Locked content Vistula Group plans to have 450 stores by end of 2018

Vistula Group expects to increase its sales network to 450 stores by the end of the year, the company said. It also estimated that online sales will exceed 10 percent of the group’s revenue at the end of 2018. By the end of Q3, the group had a retail network of 430 stores including the…

Locked content Vistula Group will change name after merger with Bytom

Shareholders of Vistula Group agreed on Wednesday to change the company name to VRG as a result of Bytom and Vistula Group merger. The new name will be effective from December. Vistula management board said that keeping the name of one company brand may in the longer term cause difficulties in commu...

Locked content Vistula Group still with a net loss in Q1

Vistula Group, one of the leading clothing companies in Poland, recorded a PLN 0.13 million net loss in Q1 2016, compared to PLN 1.99 million loss in Q1 2016, the group reported. Sales revenue reached PLN 119.5 million, whereas it stood at PLN 103.3 million in the corresponding period last year. Mea...

Locked content Vistula to open 27 shops this year

Capital group Vistula plans to open 27 outlets this year, 20 of which will be fashion stores and the remaining seven will be jeweler’s, therefore the company will have 320 outlets with a total space of 28,500 sqm by the end of 2015. Vistula Group also said they will issue shares of the W.Kruk ...

Locked content Vistula Group experiences increase in income

Vistula Group, one of leading clothing and jewelery companies in Poland noted an increase in the consolidated income from sales by 18,3 percent for July and amounted to PLN 40,7 million this year. The income from retail sales in the clothing segment in July is reported to be at PLN 21,1 million and ...

Locked content Vistula revenue up in March

Vistula clothing company recorded a PLN 33.9 million in consolidated revenue in March, an increase of 23.7 percent year-on-year, the group informed. Since the beginning of the year, the revenue totaled PLN 103 million. Sales revenue reached PLN 443.4 million in 2014, versus PLN 397.7 million in 2013...

Locked content W.Kruk becomes a spin-off of Vistula

Shareholders at W.Kruk, owned by Vistula Group, have increased the equity capital from PLN 100,000 to PLN 200 mln and divided it into 20 million shares which were acquired by Vistula. As a consequence, W.Kruk has become a spin-off of the group. The company predicts that the IPO of W.Kruk will still ...

Locked content Vistula plans expansion

Fashion retailer Vistula Group is set to increase the number of stores to more than 315, the company announced. The number of Vistula and Wólczanka stores is to rise by 10 percent annually. “We plan to open around 14-16 new stores this year, with a total space of 1,200 sqm,” the statemen...