Home / Knowledge / News / Apparel/Garments / Marimekko global sales rise 16% in 2013
Marimekko global sales rise 16% in 2013
06
Feb '14
In 2013, the Marimekko Group’s net sales grew by 6 percent from the previous year. International sales rose by 16 percent, mainly due to the stores opened in North America and the Asia-Pacific region during 2012 and 2013. In the October-December period of 2013, the Group’s net sales fell by 1 percent.
 
Operating profit for 2013 amounted to EUR 0.1 million (2.0). Operating profit includes EUR 1.3 million in nonrecurring expenses due to arrangements arising from the statutory employer-employee negotiations, concluded during the second quarter, on the company’s manufacturing operations located in Sulkava and Kitee. 
 
Operating profit excluding nonrecurring items in 2013 was EUR 1.4 million (2.0). The 2013 EBITDA excluding nonrecurring items increased markedly, reaching EUR 7.9 million (5.6). In the October-December period, the Group’s operating result was EUR -0.6 million (0.0).
 
In 2014, Marimekko will continue to invest in growth while focusing on enhancing the operations of its stores, on improving the overall profitability of business and on creating even more attractive design and products.
 
 
Click here to view full results
 
 

Marimekko

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Apparel/Garments | On 25th May 2017

AAFA reinforces opposition to Border Adjustment Tax

The American Apparel & Footwear Association (AAFA) has reinforced its ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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