EUROVET AND PREMIÈRE VISION SIGN AGREEMENT
FOR ACQUISITION OF "FASHION" SHOWS FROM EUROVET
Première Vision S.A., a leading worldwide organiser of trade shows for the fashion industry, and Eurovet SAS, a leading worldwide organiser of trade shows for the lingerie swimwear sector, have just signed an agreement which should in the coming weeks, after all required approvals have been obtained, lead to the acquisition by Première Vision of the Eurovet "fashion" shows. This action comprises the fashion manufacturing shows Fatex, Zoom by Fatex, and "Made in France" by Fatex, as well as Tissu Premier and Collections, shows dedicated to fabrics and products positioned around the short term and updating. This represents a group of 8 shows per year, organised in both Paris and Lille (France).
Serving textile professionals, Première Vision and Eurovet, particularly due to their respective ownership structures, believe this action will strengthen the sector by making it possible to develop the full potential of the shows involved, which can thus more fully benefit from existing synergies within Première Vision’s portfolio of trade fairs.
With this acquisition, made through its subsidiary PV Manufacturing SAS, Première Vision brings its portfolio of fashion industry trade shows from 24 to 32 operations per year in 6 countries. It thus rounds out its existing businesses in yarns and fibres (Expofil), fabrics (Première Vision), textile designs (Indigo) and accessories (Modamont) by an entry in the downstream sector, a business with the potential to provide additional service at its international events.
With Zoom by Fatex, Première Vision also more closely integrates the shows that make up Première Vision Pluriel, the major international event dedicated to fabrics and services for the fashion industry, showcasing nearly 2,000 exhibitors to 60,000 trade visitors from 100 countries in February and September at the Parc d’Expositions de Paris-Nord Villepinte. The company now organises 5 of the 6 shows brought together in this unique ensemble.
Eurovet, the leading trade show organiser for lingerie and swimwear brands and fabrics, will benefit from additional resources to accelerate its international development in other strategic and expanding world regions, in complement to Asia, where the company has had a presence since 2003, and the acquisition in 2012 of the U.S.- based Curvexpo.
The shows that are being purchased will continue to be run by their current teams, and brought into PV Manufacturing, under the direct management of the Première Vision board of directors. Hervé Huchet, fashion division director at Eurovet, will continue to support the group’s operations and developments in these activities as a consultant. The next shows will take place as scheduled from 17 - 19 September 2013 at the Parc des Expositions de Paris-Nord Villepinte for Zoom by Fatex, and on 27 and 28 November 2013 at the Lille Grand Palais for Tissu Premier and Collections.
ABOUT PREMIÈRE VISION :
Première Vision, a subsidiary of the Association Première Vision and the GL Events Group,
organised 24 shows throughout the world in 2012:
• 10 shows in France: 4 shows within Première Vision Pluriel (in September and in February at Paris Nord-Villepinte) – Expofil (yarns and fibres), Première Vision (clothing fabrics), Indigo (textile patterns and surface designs) and Modamont (accessories and components for fashion and design); and the world’s leading show for jeans fabric, Denim by Première Vision (in November and in May at the Halle Freyssinet, Paris).
• 14 international shows: Première Vision New York (in January and July), Indigo New York (in January, April and July); Première Vision Shanghai and Denim by Première Vision Shanghai (in March and October); Première Vision Sao Paulo (in January and July); Première Vision Moscow (February and March); Indigo Brussels Home Edition (in September).
Eurovet, a subsidiary of the French Knitting and Lingerie Federation and the Comexposium group, organises 20 shows a year internationally.
• 13 shows in the swimwear and lingerie sector: Interfilière Paris (2 shows a year),
Interfilière Shanghai, Interfilière Hong-Kong, the Salon International de la Lingerie, Mode City Paris - Salon International de la Lingerie et du Swimwear, Absolute Summer by Mode City, Riviera by Mode City, Curvexpo New York (2 editions a year), Curvexpo Las Vegas (2 editions a year).
• 7 shows in the sporting field via its subsidiary Sport’air: Sport Achat (2 editions per year), ASAP-Annecy Showroom Avant-Première, Ski Test Tour (2 editions per year), Snow Avant-Première, Traces.