French textile group Compagnie Chargeurs Invest posted first-half sales of 372.2 million euros. This represents a contraction of 0.6%, and 1.7% on an organic basis, after a first quarter marked by growth .

While the group reported strong growth for its Museum Studio (+17.9%) and Personal Goods (+21.1%) divisions, as well as positive momentum for Novacel, it pointed to a "wait-and-see attitude on the part of Chargeurs PCC customers (interlinings and components for fashion and luxury goods, editor's note) linked to uncertainties over customs duties".

Thus, in the second quarter, PCC's sales fell organically by 12.2%, and even by 15.5% for Luxury Fibers. For the group as a whole, this resulted in a gross margin for the first half of the year of just 0.6% at 99.9 million euros, while

See Full Page