71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
PANDORA
Sales Assistant Pavillion
Permanent · WESTVILLE
Translated by
Nicola Mira
Published
Jan 12, 2018
Download
Download the article
Print
Text size

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 © 2024 FashionNetwork.com All rights reserved.