×
109
Fashion Jobs
LIMEAPPLE APPAREL
Ecommerce Expert With Digital Marketing Skills
Permanent · CHENNAI
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Data Engineer – ed&a, Icc, India
Permanent · Bengaluru
PUMA
Assistant Business Manager – Puma.Com
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
By
Reuters
Published
Nov 14, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

IC Group's fashion sales curbed by mild Nordic weather

By
Reuters
Published
Nov 14, 2014

COPENHAGEN, Denmark - Sales at Danish fashion retailer IC Group, which has recently shed four brands to focus on premium clothing, rose only marginally as warm weather put shoppers off buying its autumn collection.

Revenues grew 1 percent to 828 million Danish crowns ($139 million) while operating profit increased 2.3 percent, in the first quarter of its 2014/15 financial year which ended in October, IC Group said in a statement on Friday.

From the Saint Tropez brand, owned by the IC Group | Photo: IC Group


"In the Nordic region, a relatively warm autumn had a negative impact on the sale of autumn collections in general," it said, echoing comments from retailers in other parts of northern Europe.

IC Group, the second largest fashion retailer in Denmark by market share behind privately owned Bestseller, stuck to a forecast of increasing operating profit in full-year 2014/2015.

Revenues in its three premium brands, Malene Birger, Tiger of Sweden and Peak Performance, increased 7 percent. That compensated for a 17 percent revenue fall in the company's last remaining wholly-owned mid-segment brand, Saint Tropez.

IC Group sold its four mid-market brands in June: InWear, Matinique, Part Two and Soaked in Luxury, to competitor DK Company.

DK Company this week posted a 10 percent increase in operating profit in its continuing operations in its third quarter, while the acquisition of the four brands boosted revenues by 50 percent.

1 US dollar = 5.9744 Danish crown
1 GBP = 9.36162 Danish crown

© Thomson Reuters 2021 All rights reserved.