82 409
Fashion Jobs
MICHAEL KORS
PT Sales Supervisor, Walt Whitman Shops Huntington Station NY 11746
Permanent · HUNTINGTON
JCREW
Associate Manager
Permanent · CHARLOTTE
RAG & BONE
Account Executive
Permanent · NEW YORK
RAG & BONE
Senior Coordinator, Retail Marketing
Permanent · NEW YORK
MACY'S
Manager, Asset Protection
Permanent · FRIENDSWOOD
MACY'S
Asset Protection Detective, Southlake Mall - Part Time
Permanent · CLAYTON
MACY'S
Asset Protection Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Asset Protection Lead Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Manager, Asset Protection - Multi-Store
Permanent · FAIRVIEW HEIGHTS
STAND OUT FOR GOOD
Brand Rep
Permanent · LEAWOOD
RALPH LAUREN
Associate Manager
Permanent · TEXAS CITY
RALPH LAUREN
Associate Manager
Permanent · LEEDS
RALPH LAUREN
General Manager
Permanent · ALBERTVILLE
RALPH LAUREN
General Manager
Permanent · WOODSTOCK
QVC
Area Manager- Fulfillment Center, Nights
Permanent · SUFFOLK
QURATE RETAIL GROUP
Area Manager- Fulfillment Center, Days
Permanent · FLORENCE
LEE
PT Keyholder, Ellenton, FL
Permanent · ELLENTON
SUPRO CONSULTING
Area Sales Manager - on Roll - Opening
Permanent · SALEM
URBN
Anthropologie Design Director
Permanent · PHILADELPHIA
SACK OFF 5TH
Merchandise Planner, Women’s Core/Trend/pl Shoes
Permanent · NEW YORK
HUGO BOSS
Employee Relations Specialist
Permanent · DALLAS
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · EDINBURGH
Published
Feb 23, 2011
Download
Download the article
Print
Text size

Van de Velde sees strong growth in 2010

Published
Feb 23, 2011

The Belgium Lingerie Group, owner of brands such as Marie Jo, Andres Sarda and Prima Donna, has performed well in fiscal year 2010. It registered a 7.3% growth, which earned the group a total turnover of 150.4 million euros, and that is without including the results from its recently acquired (May 2010) American lingerie store chain Intimacy. If we add those, the company’s turnover goes up to 166.3 million euros, thus showing an 18.7% growth. Van de Velde’s operating profit in 2010 reached 52.3 million euros with Intimacy (or 51.7 without), against 44.2 million in 2009. Net income rose by 50.74%, jumping from 26.6 million euros in 2009 to 40 million with Intimacy in 2010 (or 36.3 without).

Van de Velde
Van de Velde; Model Marie Jo

In 2011, the Lingerie group is expecting to see further growth during the course of its first semester. However, it also revealed that it had some problems with its Autumn 2011 collection “because of difficulties experienced by stores in selling out old stock at the end of 2010”. The group is now set on expanding Intimacy and developing its brands Oreia in Germany and LinCHérie in the Netherlands. Van de Velde is expecting a slight set back on its 2011 gross margin due to a price rise in China, as well as an increase in expenses in general.

Copyright © 2024 FashionNetwork.com All rights reserved.