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The Damartex group announced this day its project to invest in a
manufacturing unit in Tunisia, whose startup should begin in 2008
and be prolonged until 2009, and to transfer its activities of textile
production to it.
The projected investment answers the need for adapting the industrial
tool to the current sectoral environment and falls under the continuity
of the committed movement these last years. Nearly 70% of the activities
of clothes industry of the group are, indeed, right now localised
in Tunisia, where they are entrusted to local subcontractors.
The reorganization considered falls under an industrial and commercial
step. It will make it possible the group to join together within
a single site the whole of its activities of production and to preserve
the control of its process and its techniques of manufacture. Its
productivity will be thus improved, its preserved know-how and its
capacity of innovation and reinforced differentiation.
The impact on the short-term results should be limited insofar as
the transfers of production are spread out in time and do not give
place to social plans. The group intends, indeed, to support the
reclassification of its employees, like it always did it.
February 5, 2007
Profile
Damartex is one of the whole first distributors European of clothing
and accessories for seniors. Its channels of distribution are the
catalogues (remote sale) and the stores, and its principal markets
are France, Great Britain and Belgium. The group ensures, since
its sites of production, the manufacture of a part of the articles
which it distributes (underclothing).
Contacts
Damartex: Jacques Taccoen - Such: 03 20 11 45 30/Shan: François-Xavier
Dupont - Such: 01 44 50 58 74
http://www.damartex.com |