×
128
Fashion Jobs
PUMA
Junior Manager go-to-Market Operations Nordic
Permanent · Solna
PUMA
Senior Key Account Manager Running Nordic
Permanent · Solna
PUMA
Senior Marketing Manager Cobra Puma Golf Europe
Permanent · Solna
PUMA
Strategic Key Account Manager Pure Players
Permanent · Solna
LEVI'S
Key Account Manager
Permanent · Stockholm
H&M
Global Head of Marketing h&m Sport
Permanent · Stockholm
H&M
Project Leader For Material Certification And Material Trademark Within Group Compliance
Permanent · Stockholm
H&M
Art Director – h&m Group Communications
Permanent · Stockholm
H&M
Data Analyst to Predictive Analytics Team @h&m Business Tech
Permanent · Stockholm
H&M
Data Analyst to an Inventory Optimization Team in Business Tech
Permanent · Stockholm
H&M
Business Minded Data Specialist to h&m Group
Permanent · Stockholm
H&M
Scrum Master (Service Now) to Support And Operations Toolings Team at h&m Business Tech
Permanent · Stockholm
H&M
we Are Looking For Business Intelligence Analysts to Group Expansion, h&m
Permanent · Stockholm
H&M
Business Intelligence Analyst
Permanent · Stockholm
H&M
Cyber Security Trainer
Permanent · Stockholm
H&M
Security Advisor
Permanent · Stockholm
H&M
h&m is Looking For a Business Expert For Allocation Precision
Permanent · Stockholm
H&M
Data Analyst to Allocation Precision Team to Business Tech
Permanent · Stockholm
H&M
Data Analyst to h&m Business Tech - Payments Area
Permanent · Stockholm
H&M
Business Intelligence Analysts
Permanent · Stockholm
H&M
Solution Architect in Partner Connectivity Team Within Business Tech
Permanent · Stockholm
LULULEMON
Key Leader | Stockholm Store
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 © 2022 FashionNetwork.com All rights reserved.