After presenting its new corporate identity in January, French textile group Compagnie Chargeurs Invest (CCI) has reported a revenue of €729.6 million for fiscal 2024, equivalent to a growth of 11.9%, and of 10.7% in comparable terms.

Revenue for CCI’s Chargeurs PCC division, part of the Fashion & Know-how business and a specialist in interlining and components for the fashion and luxury industries, grew by 5% to €202.8 million. The Luxury Fibres division generated a revenue of €74.4 million, up 1.5%, hampered by the wool market’s ongoing volatility.

The Personal Goods division, which owns the Swaine and Cambridge Satchel Company brands, grew by 20.4%, generating a revenue of €13.6 million. The Advanced Materials (Novacel) division, which specialises in high-tech coatings, adhesive tape and special papers, increased its revenue by 9.3%, to €297.2 million.

“All of the group’s businesses delivered remarkable performances in 2024,” said Michaël Fribourg, CEO of CCI. “The very strong increase in operating income and our excellent cash generation results are proof of the effectiveness of the group’s financial model. [CCI] is now starting a new chapter in its history, and intends to scale up the assets of its three specialist divisions with a tailor-made approach,” he added.

Last year, Fribourg led a takeover bid for the group , increasing his stake in CCI from 26.5% to 65.5%. In 2024, CCI, through its Nativa brand, started to commercialise fully traceable cashmere, and also set up a division dedicated to the shirting business via Swiss specialists Alumo, Eugster & Huber and Bennett.