- Prachi Singh |
Consolidated turnover at Van de Velde in the first half of 2015 rose by 6 percent from 107million euros (118 million dollars) to 113.4 million euros (125.1 million dollars). On a like-for-like basis including comparable deliveries consolidated turnover was up 8.2 percent.
The company’s turnover growth consists of 8.2 percent growth in wholesale turnover. The company witnessed growth in all segments including lingerie, beachwear and stayers. The company has said that the pre-orders for the second half of the year are higher than the same period in the previous year.
There was a fall in retail turnover at Intimacy by 4.7 percent and 10.3 percent on a like-for-like basis in local currency. Due to the strengthening of the American dollar against the euro the retail turnover in Euro was up 16.9 percent. In Europe retail turnover rose on a like-for-like basis excluding store closures by 3.8 percent owing to like-for-like growth in Germany of 16.7 percent and the Netherlands - 9.7 percent. The results for the first half of the year 2015 will be announced on August 28, 2015.