Home / Knowledge / News / Apparel/Garments / PrimaDonna remains strongest growth market - Van de Velde
PrimaDonna remains strongest growth market - Van de Velde
30
Apr '10
Van de Velde NV releases the Interim Report of 2010. Van de Velde expects organic turnover growth in 2010 to outstrip the 3.4% posted in 2009. This accelerated growth will already result in improved figures in the first six months. Given the importance of follow-up orders in May and June precise growth forecasts are not possible at this time. Sardá will continue to face challenges in the spring, but will experience a turnaround in the autumn. PrimaDonna remains the strongest growth market.

This growth does not take any account of the consolidation of {intimacy} or LinCHérie.

We expect REBITDA (recurring EBITDA) to grow faster than turnover in 2010 as a whole. One reason for this is cost savings implemented last year.

Strategy
Van de Velde continues to roll out its strategy wholeheartedly. A number of major initiatives are planned, especially in retail:

• Van de Velde has acquired the Dutch retail cooperative LinCHérie, effective 1 May 2010.
• Van de Velde now holds 85% of {intimacy}. This multi-brand United States lingerie chain is expected to generate turnover of around $38 million in 2010, as well as opening at least three new stores, including two in Los Angeles.
• Two new Oreia stores are set to open soon (one in Germany and one in Spain).
• The support programmes for independent retailers will be strengthened.

This underlines Van de Velde's belief that specialty boutiques are the best sales channel for luxury lingerie.

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

Van de Velde NV


Must ReadView All

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Harmeet Singh

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Karan Arora
Karan Arora

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

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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