The world leading producer of interlining continues to outperform its sector, thanks to its global presence and distinctive product offer
Paris, September 5, 2024 – Chargeurs The world’s top producer of interlinings and inner garment components, PCC Fashion Technologies, reported revenue of € 101.2 million in the first half of 2024, up +9.4% over the same period the previous year.
“Our global presence with 8 production sites and 39 subsidiaries, located in all continents, allows us to be structured with an organization oriented toward local for local and nearshoring,” said Gianluca Tanzi, CEO and Chairman of Chargeurs PCC Fashion Technologies. By doing this, we can shorten the supply chain and increase the variety of our sourcing while ensuring that our clients receive exceptional, tailored service. This company, along with our special expertise and particular DNA, enable us to give the best possible service for all of our clients’ demands.
The business line gained significant orders from well-known American fashion brands and made impressive strides in the US market. Additionally, Chargeurs PCC plans to greatly grow its visibility and listing in Asia, particularly with new developing fashion companies, since the marketing and sales momentum has picked up there as well. The goal of this proactive approach is to increase the business line’s market share on a continent where economic growth is happening quickly. Consequently, the business line’s revenue in Asia experienced a significant increase of +14% in H1 2024, making up 60% of the total revenue, as opposed to 53% in H1 2023. Recurring operating profit for Chargeurs PCC improved significantly in the first half of 2024, reaching €7.9 million, up +11.3%.
On July 23, Chargeurs finalized the acquisition of the strategic assets of Swiss company Cilander. These new assets will embody the Chargeurs group’s Swiss know-how within the Chargeurs PCC business line. They benefit from a reputation for excellence and quality, consolidating the Group’s image and standards. Chargeurs becomes the owner of a set of brands renowned for their high-quality fabrics for high-end shirts, as well as technologies for finishing technical textiles that complement those already mastered by Chargeurs. The Group will thus be able to strengthen its positions in fast-growing markets such as military equipment, the outdoor sector, particularly yachting, and mobility-related markets. This operation is fully in line with Chargeurs PCC’s growth strategy.
ABOUT CHARGEURS PCC FASHION TECHNOLOGIES
Chargeurs PCC offers the best end-to-end solutions for the world’s leading fashion houses, designing and producing interlining, the technical fabric used to help garments maintain their shape and structure. It produces more than 350 million meters of interlining a year serving more than 7,000 customers. It has a global presence with 8 production sites, 21 testing laboratories, 39 subsidiaries and sales offices and more than 1,000 employees worldwide. It serves more than 90 countries on all continents. It includes the Senfa division which provides innovative coating solutions.
Chargeurs PCC Fashion Technologies is part of the Chargeurs Group, a diversified international holding company, world leader in high value-added niche markets, listed on Euronext Paris and founded over 150 years ago.
