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

Textiles | On 24th Aug 2016

USDA forecasts 2016 US cotton output at 15.9mn bales

US cotton output is forecast at around 15.9 million bales in 2016, as ...

Ambassador Alice G Wells at Ad Dulail Industrial Park. Courtesy: US Embassy in Jordan

Textiles | On 24th Aug 2016

US envoy discusses expanding textile exports from Jordan

Expansion of textile and garment exports to the United States under...

Textiles | On 24th Aug 2016

Pakistan’s textile exports fall 7.42% y-o-y in 2015-16

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Larry L Kinn
Suominen Corporation

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

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

Silvia Venturini Fendi
Fendi s.r.l

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

Tony Ward
Tony Ward

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
August 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search