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

Aug 11, 20206:48pm

Orchestra increases sales by 0.7% in first nine months after restructuring its store networks

The French children’s fashion company has ended the period with a revenue of 485 million dollars, although its pace has slowed down.

Jan 10, 2020 — 5:51pm
MDS
Save

Orchestra increases sales by 0.7% in 3RD quarter after restructuring its stores networks

 

 

Orchestra’s pace slows down. The French children’s fashion company has ended its first nine months of the year. with a revenue of 485 million dollars, 0.7% more than in the same period last year.

 

The company’s sales have been driven by its growth abroad, where it has increased its revenue by 3.8%. In France, the group’s sales have fallen by 0.1%, while in Belgium, the Netherlands and Luxembourg, the group’s revenue has fallen by 1.1%. The company considers these two regions as its main markets.

 

The company has continued to reorganize its stores network during the period. Orchestra has ended its third quarter with 534 stores, eleven less than the same period a year ago. However, the company has raised its stores network by 0.3%.

 

In addition, ecommerce has also grown positively during the period, recording a growth of 18.3%. In its local market, sales on its online have risen by 11.9%.

Advertising
Participation rules

info@themds.com

 

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
...