Home / Knowledge / News / Apparel/Garments / Etam Developpement posts slight dip in Q4 sales
Etam Developpement posts slight dip in Q4 sales
30
Jan '14
In the backdrop of a slowdown in China, French women’s apparel company Etam Developpement SCA witnessed a slight dip in sales revenue in the fourth quarter of 2013.
 
The company, which is a designer and retailer of ready-to-wear women clothing, lingerie and accessories, reported net sales of 328.4 million euro in the fourth quarter ended December 31, 2013, down by 0.8 per cent from the same period a year ago amid a dip in sales from China and negative currency fluctuation impact.
 
On a like-for-like and at constant exchange rate basis, the company reported a 1.9 per cent rise in sales in Q4 2013 from the year ago quarter.
 
Driven by robust sales from its home market, the company posted a 5.2 per cent rise in revenue from Europe at 219.2 million euro in the fourth quarter of 2013 from the same period a year ago. On a like-for-like and at constant exchange rate basis, the company reported a 4.7 per cent rise in sales from European markets in Q4 2013 from the year ago quarter.
 
With fashionable brands such as Etam targeted at younger women, the company remains an outperformer in the French clothing and textiles market.
 
Sales from France witnessed a 5.2 per cent rise at 194.2 million euro in Q4 2013 from the year ago period, on a real basis.
 
The depreciation of the euro against the yuan and weakening consumer demand in China amid a deepening economic slowdown, weighed heavily on the company’s business in China as sales dropped by 11 per cent to 109.2 million euro in Q4 2013 from the year ago period.
 

Fibre2fashion News Desk - India


Must ReadView All

Ghana to be top African apparel manufacturing hub: Minister

Apparel/Garments | On 22nd Nov 2017

Ghana to be top African apparel manufacturing hub: Minister

Ghana will turn Africa’s leading apparel manufacturing hub after the...

Maintain NAFTA trucking provisions: AAFA, US trade bodies

Apparel/Garments | On 22nd Nov 2017

Maintain NAFTA trucking provisions: AAFA, US trade bodies

The American Apparel & Footwear Association (AAFA) recently joined...

Vietnam’s textile & garment exports cross $24bn till Oct

Textiles | On 22nd Nov 2017

Vietnam’s textile & garment exports cross $24bn till Oct

Vietnam earned $24.372 billion from textile and garment exports in...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

November 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search