Charles Vögele Group 2008 Annual Report
C harles Vögele Group
Activity Report
2008
2008
Contents
2 Highlights 2008
4 Share Information
5 Group Key Operating Figures
8 Charles Vögele Group 2008 Annual Report
16 Brand Core Analysis
18 Strategy Implemented Throughout the Group
22 Sales Organization in Switzerland
Contents
Highlights
Key Operating
Figures
Annual Report
Strategy
Countries
Company
Sustainability
Corporate
Governance
24 Sales Organization in Germany
26 Sales Organization in Austria
28 Sales Organizations in Belgium and the Netherlands
30 Sales Organizations in Eastern Europe
36 The Company and its Orientation
44 Sustainability, Employees and Social Responsibility
1
54 Corporate Governance
Fashion Show in Lucerne
The pictures in this year’s annual report were taken at the fashion show that Charles Vögele held on November 14, 2008 during the Lucerne
Fashion Weekend. More than 1600 customers took part in the Fashion Weekend, all of whom had won one of the 888 trips to Lucerne offered as prizes in our “Switzerland meets Europe” competition. 335.indd 1
02.03.2009 13:23:43
N et profit
EBITDA reaches
Shareholders´ equity
Highlights 2 008
335.indd 2
02.03.2009 13:23:43
15
1
16
56
a t CHF 15 million
CHF 116 million
of 56% remains solid
335.indd 3
02.03.2009 13:23:43
Share Information
Price development of the Charles Vögele Holding
AG shares at SIX Swiss Exchange in Zurich from January 1, 2008 to February 20, 2009
Comparison of Share Price Performance
January 1, 2008 to December 31, 2008
in CHF
120
110
100
100
90
80
70
60
60
50
40
40
Compared to SPI
Closing price of
CV shares
Listed at: SIX Swiss
Exchange, Zurich
Swiss securities number:
693 777
ISIN code: CH 000 693 777
Abbreviation: VCH
Bloomberg: VCH SW
Reuters: VCHZ.S
4
Charles Vögele
Midcap
Apparel Retailers(1)
Largecap
Apparel Retailers(2)
SMI
Dec. 2008
Oct. 2008
Activity Report
2008
2008
Contents
2 Highlights 2008
4 Share Information
5 Group Key Operating Figures
8 Charles Vögele Group 2008 Annual Report
16 Brand Core Analysis
18 Strategy Implemented Throughout the Group
22 Sales Organization in Switzerland
Contents
Highlights
Key Operating
Figures
Annual Report
Strategy
Countries
Company
Sustainability
Corporate
Governance
24 Sales Organization in Germany
26 Sales Organization in Austria
28 Sales Organizations in Belgium and the Netherlands
30 Sales Organizations in Eastern Europe
36 The Company and its Orientation
44 Sustainability, Employees and Social Responsibility
1
54 Corporate Governance
Fashion Show in Lucerne
The pictures in this year’s annual report were taken at the fashion show that Charles Vögele held on November 14, 2008 during the Lucerne
Fashion Weekend. More than 1600 customers took part in the Fashion Weekend, all of whom had won one of the 888 trips to Lucerne offered as prizes in our “Switzerland meets Europe” competition. 335.indd 1
02.03.2009 13:23:43
N et profit
EBITDA reaches
Shareholders´ equity
Highlights 2 008
335.indd 2
02.03.2009 13:23:43
15
1
16
56
a t CHF 15 million
CHF 116 million
of 56% remains solid
335.indd 3
02.03.2009 13:23:43
Share Information
Price development of the Charles Vögele Holding
AG shares at SIX Swiss Exchange in Zurich from January 1, 2008 to February 20, 2009
Comparison of Share Price Performance
January 1, 2008 to December 31, 2008
in CHF
120
110
100
100
90
80
70
60
60
50
40
40
Compared to SPI
Closing price of
CV shares
Listed at: SIX Swiss
Exchange, Zurich
Swiss securities number:
693 777
ISIN code: CH 000 693 777
Abbreviation: VCH
Bloomberg: VCH SW
Reuters: VCHZ.S
4
Charles Vögele
Midcap
Apparel Retailers(1)
Largecap
Apparel Retailers(2)
SMI
Dec. 2008
Oct. 2008