Home / Knowledge / News / Apparel/Garments / Damartex SA H1 sales up 5.3%
Damartex SA H1 sales up 5.3%
25
Jan '14
Driven by robust catalogue and web sales, French clothing company Damartex SA witnessed a decent increase in its sales revenue in the first half of FY 2013-14.
 
The company, which is engaged in the manufacture and distribution of clothing and accessories, reported a 5.3 per cent rise in consolidated sales at 375.5 million euro in the six months ended 31 December 2013 from 356.5 million euro in the same period a year ago.
 
The company garnered revenue of 252.9 million euro by selling though catalogs in the first half of the financial year ending June 30, 2014, up by 3.4 per cent from the same period a year ago amidst muted growth in the domestic market but stable activity in the UK.
 
Consumer spending in France remains weak as a shrinking economy, surging unemployment and fiscal woes dampen sentiment, weighing on the French apparel industry.
 
Sales from web activity, however, remained robust, rising by a whopping 41.9 per cent to 26.4 million euro in the six months ended December 31, 2013 from the same period a year ago driven by the result of continues effort made by the company based on customer experience.
 
Turnover at stores grew 3.1 per cent at 96.1 million euro in H1 FY 2013-14, year on year driven by a rebound in activity in the Belgium market.
 
In the backdrop of a challenging operating scenario, the company has been undertaking cost optimization efforts and is aiming to continue building brand awareness in both domestic and foreign markets.
 
Damartex SA which has its main markets in France, Great Britain, Switzerland and Belgium, sells men’s and women’s clothing, under garments, nightwear among other products.
 

Fibre2fashion News Desk - India


Interviews View All

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli, Epson, For.Tex & F.lli Robustelli

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Eric Schoeller,

Eric Schoeller

Groz-Beckert is the world's leading provider of industrial machine...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

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

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

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

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

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

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search