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Cottonfield Heroes Launch Campaign to Benefit African Literacy

Danish fashion house Cottonfield is teaming up with 12 up-and-coming European athletes to benefit the School for Life educational program for Ghanaian children. Each athlete from the Cottonfield heroes team has announced 3 personal sport goals that will trigger Cottonfield donations that will send as many as 750 boys and girls, ages 8-12, to school in Ghana for nine months.

Their goals includes victories, world rankings, times, and medals in major international tournaments (including the Olympics 2008) and events in coming months.. Achieving each goal will trigger more Cottonfield donations to School for Life. Cottonfield is also a product sponsor for the team – each athlete will be clothed in Cottonfield's latest collections four times a year.

School for Life is a sensitive program that enables children without any other schooling to attend afternoon classes in their own languages. See www.ghanavenskabsgrupperne.dk Cottonfield Managing Director Ed Renner: “This campaign is about excellence as well as relevance: the Cottonfield Heroes are living their dream, and striving to help others do the same. We are excited and proud to be working with them.”

www.cottonfield.dk
9 de Julio de 2007

IC Companys acquisition in production Turkey

IC Companys has acquired one of its sourcing and production agents in Turkey effective 1 January 2006. The company, a well-established organisation with 32 employees, will gradually take over the Group's sourcing activities in Turkey and the neighbouring countries. It is expected that the company is integrated in the Group by the end of the 2005/06 financial year.

The new structure will make the Group's European sourcing simpler and more efficient, maintaining the high levels of quality and reliability in deliveries. The objective of the acquisition is also to strengthen the European production platform as an alterna-tive to sourcing from US-dollar-based regions, including China, which is subject to quotas. The acquisition thus complies with IC Companys' strategic objective of having an efficient and balanced produc-tion platform. The consideration will be a maximum of DKK 6 million, and no material restructuring costs are ex-pected. The acquisition will not have any consequences for IC Companys' forecast of revenue, operating profit and cash flows for the financial year ending 30 June 2006.

www.iccompanys.com
19 december 2005

IC Companys wins Franchise award

IC Company won the Danish Franchise award 2005 last week. Bianco Shoewear and HTH Køkkener (kitchens) won the award respective last year and the year before. This year IC was nominated together with Deres Design and Bo Concept. The members of the jury were Jørgen Frederiksen, Managing Director and Chairman of the Danish Franchise Federation, Mogens Bjerre Associate Professor of Copenhagen Business School and Steen Bryde, Chartered Accountant.

The IC franchise system was evaluated as an innovative system in the business we operate. IC Companys also contributes to a positive publicity of franchising across of trades on the Danish market. In addition to that the franchise system respects the business ethics of franchising and shows an increase both in franchise shops and their profitability. IC is very proud of this acknowledgement. This gives them a take-off for the future development and implementation of more franchise shops internationally.

www.iccompanys.com
31 May 2005

Danish fashion concern chooses Wellcreative

The Danish firm IC Companys has chosen Wellcreative of Amsterdam to handle the global repositioning of its women's fashion brand, Jackpot. IC Companys is a listed company and one of the largest fashion businesses in Europe. Its turnover last year was €340 million, from both its brand portfolio and its 263 shops. Other brands that belong to the company are InWear, Matinique, Cottonfield, Tiger of Sweden and Peak Performance.

Jackpot is the Danish firm's largest brand, being sold through 1600 retail outlets in 23 countries as well as 140 dedicated Jackpot stores. The first tangible results of the partnership between IC Companys and Wellcreative will appear early next year. As well as the repositioning, Wellcreative is also responsible for the development of the firm's communications concept.

Wellcreative is a brand consultancy specialising in luxury goods and consumer durables, fashion, sport and retail. Five years old this year, the company works on complete and large-scale brand identity and repositioning projects across Europe. In the recent past Wellcreative has completed major projects for Hi-Tec Sports PLC and Foot Locker Europe.

Please contact Wellcreative for additonal information. Phone: 003120 5306373 or
E-mail: hans@wellcreative.com

www.wellcreative.com
1.09.2004

IC Companys acquires Tiger

Swedish IC Companys, the company behind Jackpot and Inwear, has bought the Tiger Group ("Tiger") for an undisclosed sum. Tiger is the dominant brand within young and trendy ready-made clothing in its segment in Sweden. The brand is also marketed in Norway, Denmark and the United Kingdom, primarily in the wholesale market.

With the acquisition of Tiger, IC Companys aims to add new brands to the group, particularly brands that target young-adults and are based on Scandinavian design. Further international expansion for the brand will take place trough the same channels already being used by IC Companys. According to IC Companys, the acquisition of Tiger does not change its forecasts
of sales and profit for the current financial year.

Lars Gunnar Schultz, President & CEO of the Tiger Group said: "IC Companys is a financially strong group and very competent at operating a portfolio of brands. IC Companys as a large international network, which contributes to a stable infrastructure for the Group's continuing growth. All this was the basis for the owners' unanimous decision, and we are very pleased that the agreement is now a reality."

Tiger was founded in 1903 in Sweden. The company's current brand portfolio strategy was developed in the first half of the 1990s and now consists of a complete brand concept within ready-made clothing and jeans for men and women from 15 to 35 years of age. Tiger's 2002 sales totalled approximately SEK 233 million (GBP 17.7m) and the operating profit was approximately SEK 17 million (GBP 1.2m). In the past three years, Tiger has generated average sales growth of more than 15%, which the company expects to continue.

The existing Tiger management has accepted to stay at the helm for at least three years.

www.tigerofsweden.com
March 27, 2003