Marchpole is one of those stocks which have had a really bad time. Boardroom battles, losses, price collapse, profit warnings up the ying yang.

Now all of those things seem to be sorted out, new management are getting to grips, new contracts and the price is on the up. So much so that Monday ought to see a 50/200 day MA golden cross.

DYOR of course, but I think I will be putting a few of these away at the open.

Socco

Plus a 100,000 buy!

AGM is next Friday could be interesting!!

Tried to add this as a link in my last post. Didn't work for some reasonhttp://www.uk-wire.com/cgi-bin/articles/200405271458451643Z.html

that's better!!!

sp ticking up.

Bottom fishers are getting back in. Ready for the next push up.

push? needs an express train..
mph? more like iph - wheres this 30p everyone was talking about?

patience is a virtue!!

of the strongest

the spirit is willing... the bank account is weak!

Thread has been quiet of late. Punters given up in the summer doldrums? They missed a little bit of excitement today, almost a 10% jump after lunch.

As i said patience is a virtue, unlucky sellers!!

quiet? thought they all had flown south for the winter. - lots of buys today, am I missing something? perhaps its edging up to the 30p predicted some time back

Just looking forward to the AGM and then the results.

capa

Certainly coming back into vogue.

Delayed buy for 425000 after the close.

Some big trades went through earlier, 1m and 1.5m. Wonder if thats some institutions getting in?

Just released:

Marchpole Holdings PLC
08 September 2004


8 September 2004 For immediate release


Marchpole Holdings plc
(the 'Company')

Licence agreement signed with Emanuel Ungaro S.A.
('Emanuel Ungaro')


Agreement with Emanuel Ungaro

The Company is pleased to announce that negotiations with Emanuel Ungaro have
culminated in the signing of a significant worldwide (excluding America)
menswear licence agreement (the 'Agreement') extending until December 2012. The
Agreement covers two well-defined collections per season under the Emanuel
Ungaro label and the Ungaro label (the 'Collections').


Territory

The Agreement extends the global offering of the Company and covers all European
countries plus Russia with pre-emption rights on any other territory for the
Collections, such as the Middle East, the Far East, Asia, Australia, Africa and
Japan. Building upon the Company's worldwide trading relationships with the
Castelbajac brands, the Company will use its network to establish quickly the
Collections in each territory.


Term

The Company's ability to launch brands into the market has been well established
with its brands such as Yves Saint Laurent and Boateng. Under this 17-season
Agreement, the first Collections will be for Autumn Winter 2005/6, launching in
January 2005 with deliveries from July 2005. The last Collections will be for
Autumn Winter 2012/3, making the term of the agreement eight and a half years in
total.


Collections

Under the Agreement, Marchpole will be producing two men's collections per
season under the Emanuel Ungaro label and the Ungaro label (the 'Collections').
Each collection will be clearly positioned using Marchpole's brand management
expertise to create a lifestyle men's offering. The Emanuel Ungaro collection
will be high quality men's tailored clothing, including Suits, Jackets,
Overcoats, Formal Shirts, Formal Trousers, Tuxedos and other Formal wear. The
Ungaro collection will be more casual in nature and will include lines such as
sportswear, underwear, casual shirts, t-shirts, polo shirts, knitwear,
sleepwear, loungewear and jeanswear.



Chief Executive Greg Tufnell commented:

'The last two years have seen the business rebuilt in terms of both performance
and value. The addition of the Emanuel Ungaro and Ungaro trademarks means that
we now have six world class brands under our management. The strength of this
portfolio gives us significant certainty and momentum as to the strategic future
of the Marchpole Group.'

Chairman Chris Phillips commented:

'We are very excited by the potential of this new partnership with such a
prestigious fashion house as Emanuel Ungaro. The demand for high quality
branded menswear fashion is growing throughout the UK and the rest of the world,
and we aim to capitalise upon our extensive knowledge of this market by
developing these collections.'

Paolo de Spirt, Chief Executive of Emanuel Ungaro S.A. commented:

'We are very pleased to have signed this agreement with a strong partner such as
Marchpole with a proven track record of success and demonstrable experience and
knowledge of those markets. We look forward with anticipation to the launch of
the first collection in January 2005 for the Autumn Winter 2005 season.'



Note to editors:

Emanuel Ungaro S.A.

French fashion designer Emanuel Ungaro formed Emanuel Ungaro S.A. in 1965 after
spending some six years working alongside the Spanish designer at the fashion
house Cristobal Balenciaga. He quickly established his own sense of fashion on
the international scene, with his first pret a porter collection launched in
1968 as well as his first flagship boutique in avenue Montaigne, Paris.

In the 30 years which followed, he has established his house as one of the
premier fashion design houses in the world, with an extensive clientele
including many celebrities. In 1973 he launched his first menswear collection,
Ungaro Pour Homme, opening a Pour Homme store on avenue Montaigne in 1974. In
1980 and 1981, Emanuel Ungaro received the Golden Thimble Award for his
contributions to fashion, and became a figure of reference in the fashion world.

His first fragrance, 'Diva', was launched in 1983 which, due to its success has
since been followed by several others.

Emanuel Ungaro S.A. is 100% owned by the Salvatore Ferragamo Group which is also
the licencee for the Emanuel Ungaro footwear and handbags collection.

The celebrity client list of Emanuel Ungaro includes Whitney Houston, Mariah
Carey, Penelope Cruz, Liz Hurley, Catherine Zeta Jones and Sharon Stone



For further information contact:

Marchpole
Greg Tufnell - Chief Executive
Justin Hampshire - Finance Director
Michael Morris - Executive Director 020 7908 7700

Buchanan
Tim Thompson
Nicola Cronk 020 7466 5000

Shore Capital
Alex Borrelli 020 7408 4090



This information is provided by RNS
The company news service from the London Stock Exchange

Yum Yum, I bet there will be some smiley faces at the AGM this morning.

capa