Etam news and archive

Etam: employees rally against site closure threatening 55 jobs

Approximately 30 employees from a subsidiary of the Etam group, travelling by bus from the north, protested on Tuesday in front of the lingerie brand's headquarters in Clichy (Hauts-de-Seine) against the closure of their site, which threatened 55 jobs. Beneath the windows of the Etam group's headquarters (Etam, Undiz, Maison 123, Livy, Ysé), the...

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Retail

French lingerie brand Etam opens first US store

French brand Etam, which specialises in lingerie, swimwear, pajamas, loungewear, and lifestyle accessories, has selected the Dadeland Mall in Miami as the spot for its first US store. The store will open in the summer and will feature Etam's latest store concept, joining a line-up of other international brands at Dadeland Mall including Mango,...

FashionPress Release

Everything you need to know about: Etam

Etam was founded in 1916 with one thing in mind: make women feel free. The lingerie brand focuses on craftsmanship and beautiful materials to offer a range of innovative and comfortable products. Swimwear and sportswear are also part of the brand’s offer. Origins Berlin, 1916. Max Lindemann starts Strumpfhaus Etam in order to produce and...

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Business

CanopyStyle adds new brands to take it to over 400

International environmental organisation Canopy has added more than 400 brands and retailers to its fashion and forest conservation initiative, CanopyStyle that aims to transform the fashion industry’s viscose supply chain. More than 3.2 billion trees are cut down every year, explains Canopy, many from the world’s most vital ecosystems, to make...

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Business

Etam’s takeover moves on with the French fashion company delisting from Paris Bourse

Fashion chain Etam will leave the Paris Stock Exchange this week, following the last steps of a public tender offer made by the retailer’s controlling shareholders, Michior family’s holding company Finora and Tarica and Lindemann families. Etam will delist from the Paris Bourse on Wednesday August,9, following an almost full takeover conducted...

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Business

Etam sales suffer in China, Europe posts positive growth

In the fourth quarter of 2016, the net sales at Etam Group amounted to 367.9 million euros (394 million dollars), including a negative currency effect of 5.1 million euros (5.4 million dollars) mainly due to the depreciation of the yuan against euro. Net sales increased by 5.9 percent compared to the fourth quarter of 2015. Like-for-like and at...

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Business

Etam Q3 net sales decline 4.4 percent

In the third quarter of 2016, the Etam Group net sales amounted to 290.5 million euros (315.9 million dollars), a decrease of 4.4 percent, included a negative currency effect of 4.9 million euros (5.3 million dollars), which the company said was mainly due to the depreciation of the yuan against euro. Net sales decreased by 6 percent on...

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Business|REPORT

Etam net sales increase 7 percent in Q3

In the third quarter of 2015, Etam Group net sales amounted to 303.7 million euros (337.2 million dollars), including a positive currency effect of 12.8 million dollars (14.2 million dollars) mainly due to the appreciation of the yuan against euro. Net sales increased by 7 percent compared to the third quarter of 2014, and by 2.3 percent...

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Business

Etam Group asks for bankruptcy protection

Dutch fashion group Etam has asked for court protection from creditors to avoid bankruptcy. The high street chain has some 200 outlets in the Netherlands and operates the Miss Etam and Promiss labels. According to ANP, the retailer is hoping to be able to re-launch with new investors, after having been running at a loss for years. As reported by...

Design

Etam Group sales in Q3 decrease 2.1 percent

REPORT_ In the third quarter of 2014, the Etam Group posted sales of 284 million euros (363.4 million dollars), including a negativecurrency impact of 0.2 million euros (2.5 million dollars) mainly related to the depreciation of the Yuan against the Euro. Sales were down 2.1 percent compared with the third quarter of 2013. Like-for-like and at...

Design

Etam Group Q2 sales rise 3.2 percent

REPORT_ In the second quarter of 2014, the Etam Group posted sales of 271.7 million euors (365.9 million dollars), includinga negative currency impact of 4.5 million euros (6 million dollars) mainly related to the depreciation of the yuan against the euro. Sales were up 3.2 percent compared with the second quarter of 2013. Like-for-like and at...

Fashion

Etam 2013 net sales rise 1.4 percent

REPORT_ The Etam Group generated sales of 1,215.2 million euros (1,679.2 million dollars) in 2013, including a negative currency impact of 3.3 million euros (4.5 million dollars) relating mainly to the depreciation of the yuan against the euro – almost stable compared to 2012. Like-for-like and at constant exchange rates, net sales increased by...