Home / Knowledge / News / Apparel/Garments / Etam Developpement posts slight dip in Q4 sales
Etam Developpement posts slight dip in Q4 sales
30
Jan '14
In the backdrop of a slowdown in China, French women’s apparel company Etam Developpement SCA witnessed a slight dip in sales revenue in the fourth quarter of 2013.
 
The company, which is a designer and retailer of ready-to-wear women clothing, lingerie and accessories, reported net sales of 328.4 million euro in the fourth quarter ended December 31, 2013, down by 0.8 per cent from the same period a year ago amid a dip in sales from China and negative currency fluctuation impact.
 
On a like-for-like and at constant exchange rate basis, the company reported a 1.9 per cent rise in sales in Q4 2013 from the year ago quarter.
 
Driven by robust sales from its home market, the company posted a 5.2 per cent rise in revenue from Europe at 219.2 million euro in the fourth quarter of 2013 from the same period a year ago. On a like-for-like and at constant exchange rate basis, the company reported a 4.7 per cent rise in sales from European markets in Q4 2013 from the year ago quarter.
 
With fashionable brands such as Etam targeted at younger women, the company remains an outperformer in the French clothing and textiles market.
 
Sales from France witnessed a 5.2 per cent rise at 194.2 million euro in Q4 2013 from the year ago period, on a real basis.
 
The depreciation of the euro against the yuan and weakening consumer demand in China amid a deepening economic slowdown, weighed heavily on the company’s business in China as sales dropped by 11 per cent to 109.2 million euro in Q4 2013 from the year ago period.
 

Fibre2fashion News Desk - India


Interviews View All

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Amit Jain, Shingora Textiles Ltd

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Matthias Eilert,

Matthias Eilert

Germany-based Forbo Movement Systems division is a global leader in...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Poonam Naik Desai,

Poonam Naik Desai

Peekaboo is a sustainable, high quality, luxury sleepwear brand providing...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

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

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

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

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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