8 357
Fashion Jobs
SHINE
Senior Account Manager - Paid Search
Permanent · CHENNAI
SHINE
Social Media & Ecommerce Manager
Permanent · HYDERABAD
BENCHMARK SERVICES
Area Sales Manager - Sme Lap With Top Nbfc Company
Permanent · AHMEDABAD
GENIUS CONSULTANTS
Opening For Territory Sales Manager OR Area Business Manager
Permanent · NASHIK
TALISMAN HR SOLUTIONS
Area Sales Manager (Transportation & Logistics Company)
Permanent · AHMEDABAD
AUXIN RECRUITMENT CONSULTANTS
Area Sales Manager | Lap | Hyderabad
Permanent · HYDERABAD
BERGER PAINTS
Area Sales Manager Wood Coating
Permanent · ROHTAK
360 REALTORS
Hiring -Team Leader/ Sales Manager / Relationship Manager| Pune
Permanent · PUNE
LEVI'S
Senior Supply Planner
Permanent · BENGALURU
ADIDAS
Manager -Tech Infrastructure
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations FP&A
Permanent · CHENNAI
ADIDAS
sr. Manager Merchandising Ecommerce - em Hub
Permanent · GURUGRAM
ADIDAS
sr. Manager- DPC Partner Program
Permanent · GURUGRAM
L'OREAL GROUP
Online Brand Manager
Permanent · MUMBAI
L'OREAL GROUP
Retail And Education Manager - Ysl
Permanent · MUMBAI
JCPENNEY
Senior Manager
Permanent · BENGALURU
DAMYAA PJ FOODS
Area Sales Manager/Regional Sales Manager
Permanent · ROHTAK
ON TIME SOLUTIONS
Branded Fmcg Company Opening For Area Sales Manager in North Kerala
Permanent ·
HECTOR AND STREAK CONSULTING
Sales Engineer / am / Manager - Ups
Permanent · MUMBAI
HDFC LIFE
Hiring For Associate Area Manager-Abp Channel
Permanent ·
SAHAJ PHARMA
Production in Charge - (Synthetic Iron Oxide Pigment)
Permanent · DAHEJ
STONELAM SURFACES LLP
Area Sales Manager- Project Sales
Permanent · CHENNAI
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.