×
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 10, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Van de Velde’s 2016 European sales grow while US slumps

Translated by
Nicola Mira
Published
Jan 10, 2017

Belgian lingerie group Van de Velde has recorded positive results in Europe for 2016, especially given the general economic situation, though the US remain a sore point. The initial report for the 2016 fiscal year shows the medium and high-end lingerie specialist, owner of the Rigby & Peller, PrimaDonna, Marie Jo and Andres Sarda labels, reaching a global revenue of €206.7 million, despite a shortfall in US retail figures.


Spring/Summer 2017 collection - PrimaDonna


In like-for-like terms and at constant exchange rates, Van de Velde actually reported 1.2% growth, but the consolidated figures are altogether stable.

Specifically, the wholesale business performed positively, growing by 3.4% in a flat market. On the retail side, chiefly for the Rigby & Peller label, the results show a 3.5% increase in Europe but a markedly different US performance (-20.2%). Results for the US Intimacy stores are still negative, with many lossmakign stores closed down. When Van de Velde acquired the Intimacy chain in 2010, it had 15 stores, and this year is down to 10. Van de Velde will publish its full yearly results on 20th February.

Copyright © 2022 FashionNetwork.com All rights reserved.