Swaine and Cambridge satchel owner Compagnie Chargeurs Invest maintains momentum in Q3

In Q3, French textiles group Compagnie Chargeurs Invest (CCI) has maintained the momentum observed in H1. The group recorded a 0.7% drop in revenue (and a 2.3% organic increase), reaching €164.2 million.

CCI’s Q3 results were very similar to those posted in H1, when it recorded a 0.6% revenue drop, and a 1.7% organic increase. In the first nine months of the year, the group’s Mode & Savoir-Faire segment recorded a 7.5% revenue decline for the Chargeurs PCC division, down to €138.8 million, and a 5.4 % drop, down to €55.7 million, for the Luxury Fibers division. The Personal Goods segment, focused on British leather goods businesses Swaine of London and Cambridge Satchel, plus French company Altesse, generated a revenue of €10.8 million, equivalent to an 18.7% increase.

“Commercial momentum in the second half of the year is particularly strong and points to a promising 2026, assuming comparable macroeconomic conditions,” said CEO Michael Fribourg. “The transformation of our technical textile activities is beginning to bear fruit, and is expected to accelerate significantly in 2026, thanks to the human resources, technological, and operational investments made since mid-2024,” he added.

CCI is currently assessing the opportunity to sell Novacel, the industrial division operating in the high-tech coatings, adhesive tape and special papers sectors. The group said it is seeking for either a partial or complete sale.

“[CCI] is rigorously reviewing the offers received and engaging in in-depth discussions with interested parties, with the aim of fully reflecting Novacel’s unique market position, strong commercial drive, and growth prospects,” said the group.

In fiscal 2024, CCI generated a revenue of €729.6 million, equivalent to an 11.9% growth (and a 10.7% one in organic terms). The group has recently announced that Carla Bruni-Sarkozy has been appointed to its board of directors.