×
185
Fashion Jobs
LE HUMAN RESOURCES SOLUTIONS PVT LTD
Production Manager
Permanent · Pune
FIRST MERIDIAN BUSINESS SERVICES
Head Production Manager
Permanent · Gurugram
ADECCO INDIA PRIVATE LIMITED
Sales Manager
Permanent · Mumbai
ALEMBIC PHARMACEUTICALS
Area Development Manager
Permanent · Pune
LEVI'S
Technical Product Manager
Permanent · Bengaluru
THE SEARCH HOUSE (A DIV OF JSD SEARCH HOUSE PVT. LTD.)
Manager Production-Sheet Metal (Laser /Punching/ Press Break)
Permanent · Bhiwadi
ABHAY INDUCTION TECH PVT LTD
Sales Manager
Permanent · Ahmedabad
FREELANCER PRATIK PARIKH
Opening in Leading Life Insurance Company/ Area Business Manager
Permanent · Gandhinagar
MANISHMEDI INNOVATION
Area Sales Manager
Permanent · Hyderabad
OJB HERBALS
Area Sales Manager
Permanent · Ranchi
LIVE BIOTECH PRIVATE LIMITED
Area Sales Manager, Regional Sales Manager, Zsm
Permanent · Chennai
KM ELECTRONIC CABLES PVT. LTD
Area Sales Manager - Vijayawada
Permanent · Chennai
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
STAR UNION DAI ICHI LIFE INSURANCE (SUD LIFE)
Hiring- Area Manager - Bancassurance- Kolkata Metro
Permanent · Kolkata
NIKKO & CO.
Area Sales Manager /Sales Officers(5-10 Yrs Into Fmcg)
Permanent · Karimnagar
FUTURE GENERALI
Opening For Area Manager in Bangalore With Future Generali li
Permanent · Bengaluru
INFEXN LABORATORIES PRIVATE LIMITED
Area Sales Manager
Permanent · Mumbai
LENSKART
Area Operations Manager
Permanent · Chennai
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
DR LAL PATHLABS
Area Sales Manager -Chandigarh
Permanent · Chandigarh
JOB INDIA
Regional Manager Sales (Backend Operations)Garments - Gurgaon
Permanent · Faridabad
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.