Charles Vogele news and archive

Charles Vögele expects sales decline in FY15, CSO Matthias Wunderlin quits

The Charles Vögele Group has said that weakness of the euro, subdued economic growth in sales regions and the unusually warm autumn since mid-October are slowing down business and inhibiting sales over the last few weeks. So despite a good third quarter that produced a year-on-year improvement in like-for-like sales, management believes there...

Business|REPORT

Charles Vögele H1 net sales suffer with negative currency impact

Charles Vögele's results for the first half of 2015 were suffered because of tougher operating conditions. Group net sales fell 13.3 percent to 392 million Swiss francs (419.4 million dollars) due to the negative effect of exchange rates. After adjusting for exchange rates and like-for-like, the fall in net sales was 4.1 percent. “The removal of...