Home / Knowledge / News / Apparel/Garments / Van de Velde projects more or less stable sales in 2013
Van de Velde projects more or less stable sales in 2013
Nov '13
Van de Velde expects to maintain consolidated turnover at a more or less stable level in 2013 compared with 2012. This includes the retail turnover of Re-tail BV, incorporated in the consolidation since 1 April 2013. A precise forecast is not possible due to the highly volatile nature of the retail turnover (the importance of the Christmas period in the UK and the USA) and the exchange rates.

The following aspects drive this development:

- A slight fall in wholesale turnover on an annual basis, with a slight rise in autumn 2013 compared with the same period in 2012. A slight upturn for both the fashion and stayer collections is noted in the second half of the year. Follow-up orders in November and December will determine what wholesale turnover is precisely achieved.

- The retail turnover of Intimacy in 2013 will be lower than the previous year. The Consumer Board programme (which targets very strong consumer focus in the stores) is gradually having the desired effect. The like-for-like fall slows down considerably in the second half of the year compared with the first six months.

- Rigby & Peller (UK and Continental Europe) continues to grow.

Van de Velde expects recurring EBITDA to rise slightly in the second half of the year compared with the same period in 2012.

Van de Velde has also reached agreement on restructuring at Eurocorset, which will see the departure of 29 employees in the short term. The non-recurring cost of the restructuring is €1.7m, with a payback period of around three years.

For spring 2014 Van de Velde remains optimistic with regard to wholesale. The launch of the new PrimaDonna bathing wear line has been successful, driving net turnover growth, bearing in mind that pre-orders excluding the new PrimaDonna bathing wear line are more or less stable.

Van de Velde NV is a leading player in the luxury and fashionable women’s lingerie sector. Van de Velde is convinced of a long-term strategy based on expanding and developing brands around the Lingerie Styling  concept (fit, style and fashion), especially in Europe and North America.

Van de Velde

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search