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11th January 2018, Schellebelle

Van de Velde reports stable turnover

Van de Velde NV is a leading player in the luxury and fashionable women’s lingerie sector. Van de Velde, a leading player in the luxury and fashionable women’s lingerie sector, has reported an annual turnover for the fiscal year 2017. The company’s reported turnover grew by 1% from EUR 206.6 million to EUR 208.7 million. Reported turnover at constant exchange rates increased by 1.8%.

Comparable turnover decreased by 0.7% from EUR 206.8 million to EUR 205.3 million as a result of currency effects. Comparable turnover was stable at constant exchange rates. Comparable turnover (at constant exchange rates) decreased in wholesale by 0.3% and increased in retail by 4.2%. The company’s full results for the fiscal year 2017 will be announced next month.

Van de Velde NV is a leading player in the luxury and fashionable women’s lingerie sector. “Our mission is to deliver the ultimate personalized consumer experience. As a leading player in the luxury and fashionable women’s lingerie, swimwear and sportswear sector, Van de Velde bases its long-term strategy on developing and expanding brands upon Lingerie Styling,” the company explains.

“This proprietary concept combines fit, style and fashion. Our key markets are in Europe and North America and we work closely together with 5,000 online and offline specialty lingerie stores worldwide. We run our own premium retail chains, under the names Rigby & Peller, Lincherie and Private Shop, in which we exemplify the principles of Lingerie Styling.”

www.vandevelde.eu

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