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  September 5, 2001
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Home > Company Index > Consumer Products-Non-Durables  > Apparel Clothing > Novel Denim Holdings Limited

Novel Denim Holdings Limited
Nasdaq: NVLD
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 PROFILE
Novel Denim Holdings can help you fill out those jeans. The company supplies fabric and makes denim apparel and chinos for retailers, including private labels and designers. Its facilities are located mostly in Mauritius (an island off the coast of East Africa), where labor costs are low. Most of Novel Denim's sales are in Europe. Novel Denim's customers include Pepe Jeans (maker of Tommy Hilfiger jeans), VF Corporation's European subsidiary, and Mi-Temps, a French discount retailer. Novel Apparel, owned by the Chou family, holds nearly 50% of Novel Denim. Silas Chou, who co-founded the company in 1988 with his brother, K. C. Chao (president and CEO), helped revive fashion designer Tommy Hilfiger in the late 1980s.

 COMPETITION
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 138.00
1-Yr. Sales Growth: 31.3%
Employees: 6,800
Revenue per employee: $20,294.12

 KEY PEOPLE
• K.C. Chao
    CEO
• Alan Rey
    CFO

 CONTACT INFO
1/F, Novel Industrial Bldg., 850-870 Lai Chi Kok Rd.
Cheung Sha Wan, Kowloon K3, Hong Kong
Phone: 852-2785-5988
Fax: 852-2728-9249

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