Van de Velde SA
In stark contrast to the declining shipments of its key garment categories reported this time last year, Tunisia’s textile and clothing industry is now riding high on rising exports, significant new foreign investments and public sector projects. Jozef De Coster looks at what a difference a year makes.
Belgian lingerie business Van de Velde remains upbeat in its outlook, despite reporting a 37.7% decline in annual net profit, primarily due to impairment charges at its Intimacy brand.
Belgian underwear group Van de Velde saw its first-half net profit plummet 74.9%, due to declines at its Intimacy brand.
Belgian underwear group Van de Velde has booked a healthy increase in first-half turnover, thanks to growth at its Rigby & Peller brand and wholesale channel.
Lingerie business Van de Velde has forecast wholesale turnover to rise by more than 8% in its first-half.
Lingerie business Van de Velde has today (8 January) reported a slight increase in full-year turnover, helped by gains made by its Rigby & Peller brand in Europe.
Lingerie business Van de Velde is to cut jobs as part of the restructuring of its Eurocorset business - and says it expects full-year turnover to be flat with the prior year.
Lingerie group Van de Velde has reported an 11.9% decline in first-half profit, with higher costs, lower sales, and a drop in wholesale turnover and gross margin all to blame.
Lingerie company Van de Velde warned that the “very tough” consumer market was likely to negatively impact earnings for fiscal 2013, amid signs of falling sales among independent retailers across Europe.
Belgian underwear group Van De Velde saw full-year net profit plunge as wholesale turnover fell, US sales declined and margin was hit by rising labour costs in China.
Belgian lingerie group Van de Velde saw turnover increase in the first-half of the year, driven by strong retail sales in the UK and new store openings in Germany and Spain.
Belgian lingerie group Van de Velde saw 2011 turnover rise by 8.2% to EUR197.9m (US$254.1m).
Belgian lingerie company Van de Velde has entered a partnership with Getz Bros to develop the Private Shop lingerie chain in China and Hong Kong.
Dutch lingerie manufacturer Van de Velde has announced that it has acquired a majority stake in UK lingerie retailer Rigby & Peller.
Belgian lingerie retailer Van de Velde saw its profits jump a third in 2010, but forecast higher production and marketing costs this year.
Lingerie maker Van de Velde has boosted profits 39.3% during the first half of the year, and predicted further turnover growth for the rest of the year.
Lingerie specialist Van de Velde has taken control of multi-brand lingerie retail chain Intimacy USA, spending US$13.5m on an additional stake in the company.
Van de Velde has acquired the Dutch store formula LinChérie, a cooperative of 42 independent retailers in the Netherlands. An acquisition price was not disclosed.
Van de Velde Group has reported a fall in full year profits despite a 5.3% rise in turnover. The company added that it had healthy growth prospects in 2010.
Belgian lingerie maker Van de Velde has seen its sales grow by 5.3% in 2009, and reiterated its outlook for 2010.
Belgian lingerie company Van de Velde is seeing slight group turnover improvements, but continued problems for its Andres Sarda brand.
First half profit at lingerie company Van de Velde NV has fallen 14.7% after higher sales were unable to offset restructuring costs at its Hungarian unit.
Dutch lingerie brand Van de Velde has announced a 1% growth in sales for the first half of 2009.
First half turnover at Belgian underwear company Van de Velde was "slightly negative to flat" the company said today (30 April).
Lectra will present new versions of its Kaledo design software and Modaris pattern-making solution, as well as additions to its Vector cutting range, at next week’s IMB technology trade show.
Belgian lingerie company Van de Velde has reported a 0.1% decrease in first-half net profit to EUR17.02m (US$25m), due in part to currency conversion effects.
Lingerie company Van de Velde has taken its stake in bra manufacturer Top Form International to over 23% following Top Form’s takeover of Ace Style Intimate Apparel.
Belgian lingerie company Van de Velde has posted a 0.9% increase in first-half sales to EUR67.6m (US$106.3m), but said this was below expectations.
Upmarket Belgian lingerie company Van de Velde has agreed to buy Spanish rival Andres Sardá for a total of EUR14.6m (US$22.8m).
Belgian lingerie operator Van de Velde said it is expecting turnover during the first two quarters of the year to edge up 3%.
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