Wires

Charles Voegele may receive takeover bid-paper

ZURICH, Oct 7 (Reuters) - Investors are preparing a takeoveroffer for loss-making Swiss clothing chain Charles Voegele, a newspaper reported on Sunday.

The interested part was a retailer from Southern Europe withinternational ambitions, Der Sonntag said, citing sources closeto investors.

Reuters was unable to reach Charles Voegele, which hasstores in Switzerland, Germany, Belgium, Austria, Hungary andother European countries, for comment.

The newspaper cited a Voegele spokeswoman as saying "we'venot received an offer."

Late last month, Voegele's chief executive Frank Beeck quitwith immediate effect, due to differences of opinion about thefirm's operational management. Finance chief Markus Voegeli isacting as CEO on an interim basis.

Last year Voegele suffered a 15 percent slide in revenues,leading it to a loss of 119 million Swiss francs.

(Reporting by Catherine Bosley; editing by Ron Askew)

((catherine.bosley@thomsonreuters.com)(+41 58 306 7461))

Keywords: CHARLESVOEGELE/