Fashion retailer Orchestra declares June retail sales results
08 Aug '06
2 min read
Orchestra realized a consolidated sales of 45,4 M€ to June 30 2006, in progression of 2 percent in comparison with the first part of the year 2005. The controlled sales (public price of the sold items) rises to 72 M€,up 2,3 percent.
In accordance with the optimizations strategy of the network of succursales, the corporation proceeded on the semester to the closing of 14 sale points in France and to the international one. The activity succursaliste (53 percent of the CA) posts on the semester a growth of more one than 20 percent notably linked to the first positive effects of the engaged action plan. To comparable perimeter, the sales of the succor sales springs in growth of more one than 1 percent against a collection on the 1st quarter of the exercise.
Nevertheless, despite the good performance of the network of stores Orchestra, the 2ND quarter springs in collection to 20 M€. This under performance principally explains by the unfavorable basic effect linked to an activity level of exceptionally high trade on the 2nd quarter of the preceding exercise. She is equally associated with the transformation of stores franchisés in succursales. Besides, 10 stores temporarily were closed for renovation.
France: dynamic of the succursales, optimization of the network In France, the consolidated sales establishes itself to 26,4 M€ up 2,5 percent,understanding a significant development of the sales of the succursales. In accordance with his strategy,the group reinforced his presence on the zones the more dynamics and proceeded to the closing of sale points the less performance ones (9 closings).
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