×
30 352
Fashion Jobs
L'OREAL GROUP
Senior Manager, Digital Solutions & SEO Lead, Cerave us
Permanent · New York
L'OREAL GROUP
Senior Manager/Director, Omni-Shopper Marketing - Garnier Skincare
Permanent · New York
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Great Falls
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Memphis
VICTORIA'S SECRET
Asset Protection Investigator (Kansas City, Kansas - Legends Outlets & Summit Fair Mall)
Permanent · Topeka
ROSS STORES
Human Resources Manager
Permanent · Chicago
H&M
West Coast Sales HR Manager
Permanent · Los Angeles
H&M
Gift Card Experience Product Manager
Permanent · New York
ESTÉE LAUDER
Manager, Global Product Marketing
Permanent · New York
ESTÉE LAUDER COMPANIES
Keyholder - The Cosmetics Company Store - 20Hrs - Premium Outlets - Charlotte,nc
Permanent · Charlotte
JO MALONE LONDON
Retail Beauty Sales Manager - jo Malone London - 35 Hrs - Downtown - Seattle, wa
Permanent · Seattle
ESTÉE LAUDER COMPANIES
Keyholder - The Cosmetics Company Store - 20 Hrs - Tanger Outlet Center - Washington,PA
Permanent · Washington
ARAMIS AND DESIGNER FRAGRANCES
Retail Selling Specialist - Aramis And Designer Fragrances - 16 Hrs - Boston, ma
Permanent · Boston
UNIQLO
Loss Prevention Associate- Washington, D.C
Permanent · Washington
UNIQLO
Loss Prevention Supervisor- Philadelphia
Permanent · Philadelphia
CLARKS
Inventory Control Specialist
Permanent · Hanover
CLARKS
Senior Brand Marketing Manager
Permanent · Waltham
CLARKS
Digital Marketing Manager
Permanent · Waltham
CLARKS
Director of Channel Sales
Permanent · Waltham
COTY
Manager, Merchandising And Promotions
Permanent · Miami
COTY
sr. Analyst, Treasury
Permanent · New York
COTY
Ulta, National Accounts Manager
Permanent · Chicago
Published
Jan 4, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Wacoal EMEA turnover up but profits are down

Published
Jan 4, 2018

UK-based underwear and swimwear maker Wacoal EMEA has reported rising turnover in its financial year to March 31 2017. But that didn’t help its bottom line and it also reported a drop in its pre-tax profit.


Wacoal



In a Companies House filing, the firm, which sells its products through John lewis, Harrods and Harvey Nichols, among other big names, saw revenues rising to £57.8 million in the 12-month period, up from £54.7 million.

But its pre-tax profits fell sharply from £3.6 million a year earlier to £2.3 million this time. No specific reason was given, although in its filing the firm did refer to “the continuing difficult economic conditions affecting the retail market.”

However, despite that tough backdrop, it said that its “ core business remains on track with its strategic goals.”

The Northampton company dates back to the 1920s and used to operate under the name Eveden. However, its was acquired from its private equity owners in 2012 by Japan-based global intimates giant Wacoal. The company paid £148 million for the business, which represented a fourfold return for the sellers on their original investment.

That purchase followed several years of rising profits with the profit for the 2010/11 financial year having hit £8.4 million on sales of almost £82 million.

Copyright © 2021 FashionNetwork.com All rights reserved.