×
60 030
Fashion Jobs
BANANA REPUBLIC
General Manager - Walnut st. Shadyside
Permanent · Pittsburgh
BANANA REPUBLIC
General Manager - The Gardens
Permanent · Palm Beach Gardens
SALLY BEAUTY CORPORATE
Outside Sales Representative -Cosmoprof
Permanent · New York
GAP INC.
Asset Protection Coordinator - la West
Permanent · Los Angeles
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Clinton Crossing Premium Outlet
Permanent · Clinton
GILLY HICKS STORES
Gilly Hicks - Manager in Training, Natick
Permanent · Natick
AESOP
Full Time Retail Consultant | Aesop nw 23rd
Permanent · Portland
CORPORATE
Senior Legal Counsel
Permanent · Irving
NEIMAN MARCUS
sr. Restaurant General Manager, $1,000 Sign-on Bonus - Bal Harbour
Permanent · Bal Harbour
NEIMAN MARCUS
Group Sales Manager - Palo Alto
Permanent · Palo Alto
TALENT
District Manager, Madewell
Permanent · Atlanta
COTY
Commercial Finance Analyst, fp&a
Permanent · Miami
JCPENNEY CAREERS 2018
Merchandise Planner - Women's Apparel
Permanent · Plano
MARC JACOB'S
Sales Supervisor
Permanent · Los Angeles
MARC JACOB'S
Sales Supervisor
Permanent · Chandler
ESTEE LAUDER
Director, Global Marketing Skincare
Permanent · New York
NORDSTROM
Asset Protection Agent - Canyon Springs Rack (Riverside, ca)
Permanent · Riverside
PUMA
Junior Manager, Marketing - Ecomm (CRM/Sms)
Permanent · Somerville
CENTRIC BRANDS
Manager, Sales Operations
Permanent · New York
LULULEMON
Assistant Manager, Operations | Southport, Chicago
Permanent · Chicago
DISTRIBUTION CENTERS
Studio Coordinator
Permanent · Dallas
OLD NAVY
District Manager - Kansas City
Permanent · San Francisco
Published
Jan 11, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Van de Velde revenue increases 5.4% in 2015

Published
Jan 11, 2016

The positive growth of Van de Velde's European brands and stores is continuing. The Belgian group, intent on developing lingerie brands PrimaDonna, Marie Jo and Andres Sarda, as well as operating a series of specialist stores, including Rigby & Peller, recorded a 5.4% increase in revenue in 2015, reaching €209 million.

The former Intimacy store in Fifth Avenue, New York, changed into Rigby & Peller last autumn - Rigby & Peller.


In like-for-like terms, the group stated that the growth was actually 5.7%. As for brands, all product segments generated sale increases, whether in lingerie, or swimwear.

In terms of European retail operations, the revenue has also grown, by 5.8% in like-for-like terms, for retail brands Rigby & Peller (in the UK, Denmark, Spain and Germany) and Lincherie (a long-standing brand in the Netherlands only). Results have been especially positive in the Netherlands (+5.7%) and Germany (+7.1%).

Finally, US chain Intimacy, a stumbling block for Van de Velde since its acquisition in 2010, has once again seen a revenue decrease in local currency terms. After a 12% decrease in 2014, the downturn in like-for-like terms in 2015 was 9.8%. However, the transformation of this group of 14 stores has already begun, passing under the Rigby & Peller banner last autumn. The group is hoping to steady its course on US soil with this new brand identity.

Thanks to exchange rate effects and the US dollar's strength, Van de Velde is already reaping the first benefits. Once converted into euro, the revenue of the former Intimacy label, turned into Rigby & Peller US, is actually growing by as much as 8.1%.

The full annual results for the Belgian group will be published on 24th February.

Copyright © 2022 FashionNetwork.com All rights reserved.