Turnover news and archive

From margins to sell-through: Important figures used in the fashion industry

On this page you will find key figures used in the fashion industry to monitor and optimise performance, such as sell-through, margin, and turnover, among others. Retailers use numerical analyses to substantiate business decisions, such as making a purchasing plan and budget for the next fashion season. “We sometimes compare choices for budgets...

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Business

Common financial terms such as turnover and EBITDA explained

FashionUnited regularly reports on the financial performance of fashion companies, particularly when annual reports and half-year reports are published. These reports are also known as financial reports. Financial reports provide a detailed overview of a company's financial performance over a specific period, including information on revenue,...

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Business

Veldhoven Group pulls the plug on Dept and Turnover

Veldhoven Group, parent company of fashion brands Sandwich, Turnover and Dept, has announced a major overhaul of its strategy which sees the company focusing on its core brand, Sandwich. All production and sales of the brands Turnover and Dept will be halted this year, and Olsen has been sold off to German private equity firm Nord Holding....

Design

VeldhovenGroup and Olsen to merge

Womenswear business VeldhovenGroup is to merge with German fashion brand Olsen to createa single, pan-European fashion house. The merger, which will keep the name VeldhovenGroup, follows the group’s acquisition of the Olsen company late last year, which integrated the German brand into its portfolio that also includes Amsterdam-based womenswear...

Design

Turnover to return to the UK

Turnover, a modern womenswear brand that is part of Veldhoven Group, has returned to the UK after a two year absence. Charlotte McHardy, the brand's managing director for UK, explains the reason behind the company's decision to relaunch the brand in the UK; "Prior to this development, it was our opinion that the brand had a very Northern...

Fashion

Dutch company to acquire Turnover

The Veldhovengroup and Secon Group confirmed they are in active negotiations for the sale of the Turnover brand to Veldhovengroup. The expected date of the transaction is July 1 2010. "We hope to confirm the official purchase of Turnover soon," says Martijn Veldhoven, CEO of the Veldhovengroup. "We have entered final negotiations after...