Home / Knowledge / News / Apparel/Garments / Van de Velde posts very marginal growth in H1
Van de Velde posts very marginal growth in H1
07
Jul '12
In the first half of 2012 Van de Velde realises a consolidated turnover growth of 0.9% (from m€ 97.8 to m€ 98.7). 

On a comparable basis (including comparable deliveries and excluding retail turnover of Rigby & Peller UK) the consolidated turnover falls by 2.8%. This turnover development can be explained as follows:

A fall in wholesale turnover by 3.0% mainly due to a decline in backorders for the second quarter of 2012.

A fall in the retail turnover of Intimacy of about 10% in local currency and 1.7% in euro.

In Europe retail turnover of Rigby & Peller (the former Oreia) grows by over 8% thanks to the opening of new stores in Germany and Spain.

The retail turnover of Rigby & Peller in the UK contributes for an amount of m£ 4.5 (m€ 5.5). This represents a growth of about 4.5% on a store-to-store basis. 

The results for the first semester including an outlook for 2012 will be announced on Friday 24 August 2012. 

Van de Velde

Must ReadView All

Courtesy: Messe Frankfurt

Textiles | On 24th Mar 2017

Over 3341 exhibitors participate in Intertextile Shanghai

More than 3,341 exhibitors from 26 countries and regions participated ...

Courtesy: Bebe

Apparel/Garments | On 24th Mar 2017

Bebe Stores exploring strategic alternatives

Bebe Stores has announced that its board of directors is exploring...

Apparel/Garments | On 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search