By
Reuters
Reuters
Published
Nov 20, 2009
Nov 20, 2009
Retailer Van de Velde sees revenues up 4%
By
Reuters
Reuters
Published
Nov 20, 2009
Nov 20, 2009
BRUSSELS, Nov 20 (Reuters) - Belgian luxury lingerie retailer Van de Velde (VELD.BR) said revenues would grow up to 4 percent in 2009 from last year's 133 million euros ($198 million) and continue to grow year on year in the first half of 2010.
![]() Marie Jo, part of the Van de Velde group, "L'Aventure" Spring Summer 2009 |
Van de Velde, which exports across the European Union, to the United States and south-east Asia, said on Friday 20 November the forecast includes lingerie brand Andres Sarda, which it acquired in June 2008.
Andres Sarda, a Spanish subsidiary, was suffering from the economic crisis and would continue to struggle in 2010.
(Reporting by Antonia van de Velde; editing by John Stonestreet)
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