Locked content Wittchen sales in April reach PLN 14.6 mln

Polish premium footwear and clothing group Wittchen April sales rose by 27 percent and amounted PLN 14.6 million, the company reported. Revenues from retail sales were PLN 12.1 million, a 26 percent growth year-on-year. In B2B segment revenues reached PLN 2.3 million, increasing by 34 percent in com...

Locked content Wittchen with PLN 15.2 million for 2017 dividend

The Board of Directors of Wittchen has recommended allocating PLN 15.2 million from the net profit for 2017 (PLN 18.26 million) for the annual dividend, the company said. “In accordance with the adopted resolution, the management board recommends allocating the net profit for 2017 in the amoun...

Locked content Wittchen IPO exceeds PLN 50 mln

Polish premium footwear and clothing group Wittchen has allocated all 3.25 million shares, valued at over PLN 55.2 million in its Initial Public Offering (IPO), the company reported. The price was set at PLN 17 for each piece. The share of new investors in the increased equity capital will amount to...

Locked content Wittchen wants to have 90 outlets by 2020

Polish premium footwear and clothing group Wittchen wants to remain a leader on the Polish market and create a strong, international brand. The company plans to increase the number of stores to 90 by 2020, and by three-four this year. Currently, the company has 65 outlets. The company also said that...

Locked content KNF approves Wittchen prospectus

Poland’s financial watchdog (KNF) has approve a prospectus from Polish premium footwear and clothing group Wittchen. The company plans to hold IPO and enter the Warsaw bourse as part of its expansion plans into foreign markets in the e-commerce sector, a company press release read. The IPO for...

Locked content Wittchen to enter WSE

Polish premium footwear and clothing group Wittchen is going to hold initial public offering (IPO) and enter the Warsaw bourse, as part of its expansion plans into foreign markets in the e-commerce sector, a company press release read. “We are going to develop our sales abroad, in terms of new...

Locked content Wittchen to debut on WSE? – Reuters

Polish leather goods retailer Wittchen is considering entering the Warsaw Stock Exchange again, and is planning on holding its initial public offering (IPO) late this year, according to Reuters, which cited two anonymous market sources. “Wittchen has renewed its Warsaw listing plans. The offer...

Locked content Wittchen heads for WSE

Leather accessories distributor Wittchen wants to float shares on the Warsaw Stock Exchange, reaching first for the NewConnect market, Puls Biznesu reports. “We are indeed considering a bourse debut,” the company’s CEO Jędrzej Wittchen told the daily. “The planned private share placement is estimate...