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Latest News

Cirque du Soleil

Cirque du Soleil

The world famous circus is in town, and we bring you the stories from its people.

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March 23, 2009 8:07 by



According to Forbes, Cirque had sales of $733 million and operating profits of $175 million in 2008.The company also has a debt of less than $100 million.

“We will grow this year,” Guy Laliberte told the magazine earlier this month, predicting that sales will rise 15 percent to $830 million as three new shows open. “But we are going to be more cautious and cut out major expenses.”

“We have seen a slight slowdown, especially in Los Angeles, as I think the US has been hit harder than most other places [by the financial crisis], but we are also maintaining a good rhythm and ticket sales,” says Mackenzie. “And I think a lot of this sales comes from escapism, as people want to get away from worrying about their diminishing bank balance,” he adds.


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1 Comment

  1. derby fencing on July 20, 2011 12:35 pm

    I do trust all the ideas you have introduced to your post. They are very convincing and will certainly work. Still, the posts are very brief for novices. Could you please lengthen them a little from next time? Thank you for the post.

     

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