BELGIUM: Van de Velde full-year profits fall

By Petah Marian | 25 February 2013

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.

just-style articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you're already a member, login here.

Not what you were looking for?

Search just-style:

More articles related to this one

BELGIUM: Van de Velde issues profit warning
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.

Market research related to this article

Global apparel markets: business update, 3rd quarter 2011
Global sales of apparel and home textiles made from organically grown cotton reached an estimated US$5.16 bn in 2010, while US clothing imports, EU clothing imports and China’s clothing exports were all up in value terms in the first half of 2011. Se...

Tag line

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page