×
179
Fashion Jobs
H&M
Product Managers to Business Ventures at h&m Group
Permanent · Stockholm
H&M
Media Analyst Within Data And Audience For h&m’s Marketing & Communication Global Head Office
Permanent · Stockholm
H&M
Compliance Specialist to Data Privacy Office
Permanent · Stockholm
H&M
Global Supply Chain Analyst
Permanent · Stockholm
H&M
go to Market Project Manager h&m Sport
Permanent · Stockholm
H&M
Product Owner - Payments
Permanent · Stockholm
H&M
Data Analyst to 'Experience For You' Team - Customer Domain h&m Business Tech
Permanent · Stockholm
H&M
Project Manager to h&m Customer Activation & Marketing
Permanent · Stockholm
H&M
Content Production Manager to h&m Customer Activation & Marketing
Permanent · Stockholm
H&M
Cross Delivery Coordinator Sap Release & Delivery Management
Permanent · Stockholm
H&M
Cross Delivery Coordinator External Products
Permanent · Stockholm
H&M
Software Asset Manager to h&m Group Business Tech
Permanent · Stockholm
H&M
Business Controller International Freight
Permanent · Stockholm
RALPH LAUREN
Operations Manager
Permanent · Kungsbacka
H&M
Business Expert to h&m Group Business Tech
Permanent · Stockholm
H&M
Service Owners to Partner Connectivity
Permanent · Stockholm
H&M
Chemical Compliance Specialist - Group Compliance, h&m Group
Permanent · Stockholm
H&M
Operations Manager
Permanent · Borås
H&M
Chemical Compliance Specialist – Group Compliance, h&m Group
Permanent · Stockholm
H&M
Plm Tech Platform Director – h&m Group Business Tech
Permanent · Stockholm
H&M
Business Controller to h&m Group Business Tech
Permanent · Stockholm
H&M
Monitoring Engineer to Business Tech, h&m Group
Permanent · Stockholm
Translated by
Nicola Mira
Published
Jan 12, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Van de Velde reports modest revenue rise in 2017

Translated by
Nicola Mira
Published
Jan 12, 2018

Belgian group Van de Velde, a specialist in mid and high-end lingerie (owner of Marie Jo, PrimaDonna, Andres Sarda and Rigby & Peller), recorded a modest revenue increase for the 2017 fiscal year. The group published its preliminary results for the year on 11th January, reporting a revenue of €208.6 million.
 

Autumn-Winter 2017 collection - Prima Donna


This was equivalent to a very slight increase over 2016, only 1% on a yearly basis (+1.8% at constant exchange rates). Comparable sales were instead slightly below par, losing 0.7%, though the group explained the weakness was due to a negative exchange-rate impact in some countries.

In terms of distribution channels, Van de Velde's retail sales swung upwards, growing 4.2% in like-for-like terms, while revenue in the wholesale channel posted a 0.3% downturn.

The group will publish its full and definitive results on 27th February, and expects a weak revenue growth. Net income for 2017 is expected to decline,  as was already forecast halfway through the year, owing to the group's recent investments in IT and the e-tail website, in its brands' market positioning, the value chain and in human resources.

 

Copyright © 2021 FashionNetwork.com All rights reserved.