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8th January 2014, Schellebelle

Van de Velde achieves growth

In 2013 Van de Velde has realised a consolidated turnover growth of 0.3%, an increase from m€ 181.8 to m€ 182.4.

A stable wholesale turnover of the company has also increased by 2.2% in the second half of the year compared with the same period last year, despite declining by 2% in the first half.

Figures

There has been a negative growth in the retail turnover of Intimacy, which declined by slightly over 12%. The like-for-like fall decreased in the second half of the year (4.8%) compared to the first six months (11%).

Van de Velde is a leading player in the luxury and fashionable women’s lingerie sector.

The retail turnover of Rigby & Peller in the UK grew by 0.6% in local currency and decreased by about 4% in Euro, due a weaker British Pound.

Growth

An increase of 13.3% in the retail turnover at Rigby & Peller (the former Oreia) in Continental Europe was possible thanks to a strong like-for-like growth in Germany by 6.5% and a number of new stores in Cologne, Munich and Copenhagen.

The retail turnover at Donker stores for the period April-December 2013 contributed for an amount of m€ 3.5.

Van de Velde

Van de Velde is a leading player in the luxury and fashionable women’s lingerie sector. Van de Velde is convinced of a long-term strategy based on expanding and developing brands around the Lingerie Styling concept (fit, style and fashion), especially in Europe and North America.

Van de Velde is increasingly investing in building brands that earn the confidence and trust of the consumer. The company’s focus is exclusively oriented to the high-quality lingerie segment and stores that invest in service to consumers.

www.vandevelde.eu

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