FNG news and archive

FNG names Yves Pollé as interim CEO

FNG NV has announced the appointment of Yves Pollé as member of the executive board and Chief Executive Officer. The company said in a statement: “Appointment of Pollé fits within the current strategic thinking and the recovery plan on which FNG is working. His experience as transformation manager has an important added value in the further...

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FNG acquires Henkelman Group

FNG NV has announced the acquisition of Henkelman Group, a group active in the development and production of shoes. The company said in a statement that this planned acquisition fits in the FNG "way we work" with a strong focus on vertical integration and margin generation. Currently, FNG is in the final phase to take over the Henkelman...

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FNG posts strong revenue and profit growth in H1

Benelux fashion group FNG, for the first six months of 2018 realised revenue of 251.1 million euros (294.8 million dollars) and an REBITDA of 25.1 million euros (29.4 million dollars), an increase of 10 percent and 30.2 percent respectively. Commenting on the company’s first half performance, Dieter Penninckx, CEO of FNG said in a statement: “...