We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Apr 17, 20248:15am

Intimates group Van de Velde benefit drops 11% in first half

The Belgian intimates group ended the first half of its fiscal year with a sales drop of 2%, 112.8 million euros (124.8 million dollars), compared to 110.9 million euros (122.7 million dollars) last year.

Aug 30, 2019 — 4:00pm

Intimates group Van de Velde drops benefit 11% in first half



Van de Velde continues the low. The Belgian intimates group ended the first half of its fiscal year, ended June 30th) with a drop of its benefit of 11% compared to the same period last year. Earnings of the group were 13.4 million euros (14.8 million dollars).


The company, owner of brands like PrimaDona and the Spanish Andrés Sardá, registered in the first half of its fiscal a revenue of 108.5 million euros (120.1 million dollars), 2% less than the first half of 2018. The ebitda of the group was 29.4 million euros (32.5 million dollars), compared to the 26.5 million euros (29.3 million dollars) one year earlier.


Sales drop of Van de Velde are because of the descent in its mono-brand channel, that lowered 6.7%. However, its multibrand channel remained stable. By regions, Europe’s revenue dropped 5.6% while in United States was down 9.1%.  

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment