Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / Macintosh Retail announces higher profit for 2007
Macintosh Retail announces higher profit for 2007
30
Jan '08
As expected, the second half of 2007 was characterised by unpredictable consumer purchasing behaviour in the markets relevant to Macintosh Retail Group, even more so than during the first half.

Turnover of Macintosh Retail Group was lower in the second half of 2007 than in the same period of 2006. Turnover for the full year 2007 rose by € 6 million to € 920 million.

Turnover of the Living sector went from € 266 million to € 263 million, mainly owing to the planned closure of 7 Kwantum stores in the Walloon region (Belgium) at the end of 2006 and the beginning of 2007.

In the Netherlands, Kwantum's turnover was slightly up compared with 2006 while turnover also rose in the 7 remaining stores in Flanders (Belgium). Turnover of the comparable stores of GP Décors increased, but total turnover was lower than in 2006, due to a decline in the number of stores by 5, on balance.

Turnover in the Fashion sector went from € 327 million to € 339 million due to Scapino's figures for January being consolidated in 2007 (€ 11.7 million). Scapino's turnover was fractionally higher, through organic growth and expansion. Hoogenbosch's store formats realised lower turnover than in the excellent year of 2006.

Turnover of the Automotive & Telecom sector went from € 321 million to € 318 million. In 2007, BelCompany continued to pursue its strategy of opening stores (11 in the Netherlands and 7 in Belgium, on balance), in order to remain the authoritative party in the market. As a result, BelCompany's turnover was only slightly below that realised in 2006 in a declining telecom market. Halfords' turnover was at the same level as that achieved in 2006.


Must ReadView All

Courtesy: Asmara Group

Apparel/Garments | On 20th Sep 2018

Fragmented nature of Indian apparel sector major challenge

A major challenge for the Indian apparel sector is its fragmented...

Courtesy: Aditya Birla Retail

Apparel/Garments | On 20th Sep 2018

Indian Aditya Birla Retail to be acquired by Samara-Amazon

India’s Aditya Birla Group has signed a deal to sell Aditya Birla...

India's 2018-19 forward cotton export contract up by 100%

Textiles | On 20th Sep 2018

India's 2018-19 forward cotton export contract up by 100%

Rise in demand from China, lower domestic prices and depreciation of...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Smith Vaghasia, Sanado India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Apurva Kothari,

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Tejas N Patel, Navin D Patel,

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

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

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

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

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

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


September 2018

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

news category


Related Categories:

Advanced Search