top shadow
BODY

To receive more info from Van de Velde about a particular product, Click on the photo (photo will enlarge).

PrimaDonna swimwear PrimaDonna swimwear PrimaDonna swimwear PrimaDonna swimwear PrimaDonna swimwear
PrimaDonna swimwear

Added: Jan 2014
PrimaDonna swimwear

Added: Jan 2014
PrimaDonna swimwear

Added: Jan 2014
PrimaDonna swimwear

Added: Jan 2014
PrimaDonna swimwear

Added: Jan 2014

current news

Van De Velde’s Profit Swings Up 39.3%


(Filed Under Financial and General Interest News). Van De Velde, the Belgian lingerie manufacturer that now owns 85 percent of Intimacy, reported that its net profit during the first half of 2010 jumped 39.3 percent, to 25.3 million Euros, equivalent to approximately $32.2 million at the current exchange rate. These results were driven by growth in every one of the company’s regions worldwide, with particularly strength in the United States and Canada.

These results excluded Intimacy, as the company purchased a percentage of the retailer’s shares three months into the period.

Van De Velde reported in the first half results that the Intimacy expansion is on schedule, with two new stores slated to open by the end of 2010, bringing the total number of stores to 13 by the end of the year. The company plans to have a minimum of 20 Intimacy stores in the United States by the end of 2012. — A.T.P.

american apparel’s debt rises

In its preliminary results for the second quarter ended June 30, 2010, American Apparel cited a 16 percent decline in comparable store sales. Total debt grew by $28.9 million, to $120.3 million, from $91.4 million as of March 31, 2010.

American Apparel attributed some of its financial troubles to lower labor efficiency at its production facilities.

Once again, American Apparel warned that it expects to soon be out of compliance with its lender.


more Financial and General Interest News >>

Published 08-27-2010 by Amanda Torres Price

Related Articles

Rigby & Peller 2019 Comparable Sales -3.4%
Van de Velde Sales Fell 1.8% In Fiscal 2018
Marleen Vaesen Is New CEO At Van de Velde
Van De Velde Sales Fall 3.9%; Profits Drop 25%
Van de Velde Sales Fell 3.9% In First Half 2018
Rigby & Peller Sales Declined In U.S. In 2017
2017 Sales Rose Slightly At Van De Velde
Rigby & Peller Closes 2 Shops, Only 10 Remain
Energy Exec Will Be New Van de Velde Chief
Rigby & Peller Sales Drop 27.7% In First Half


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2020 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2020 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow