Home / Knowledge / News / Apparel/Garments / Lingerie brand Van de Velde inks growth of 8.2% in H1
Lingerie brand Van de Velde inks growth of 8.2% in H1
12
Jul '10
During the first half of 2010 the organic turnover (1) of Van de Velde grows by 8,2% (from m€ 73,0 to m€ 79,0). This growth figure is excluding retail turnover of {intimacy}. In case {intimacy}'s retail turnover is taken into account, Van de Velde's consolidated turnover ends at m€ 83,5. {intimacy} 's retail turnover is included for the months of May and June.

For the full year 2010 Van de Velde aims for an organic turnover growth of at least 5%. The organic turnover growth in the second half of 2010 will probably be slightly lower than in the first half.

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 SA

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