top shadow
BODY



































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Rigby & Peller U.S. Sales Drop 30% In 2016


(Filed Under Financial and General Interest News). The sales decline at the Rigby & Peller (formerly Intimacy) stores in the U.S. approached 30% in 2016 according to parent company Van de Velde.

The Belgium-based firm reported a “decrease in retail turnover in the U.S. on a comparable basis at constant exchange rates by 20.2% (after closures of loss-making stores: -29.9% and after exchange rates: -29.7%).”

The number of Rigby & Peller stores in the U.S. peaked at near 20 some years ago under the Intimacy name. The count gradually shrank to 14 as of the fall of 2015, and then to 10 as of September, 2016, where the number remains today. The name was changed to Rigby & Peller (Van de Velde had acquired a majority stake in that brand in 2011) in the fall of 2015.

Sales at Van de Velde as a whole slipped slightly for the year while net income plunged 18.1%. The company reported a profit of € 33.6 million (about $35.6 million at today’s exchange rates) on sales of € 206.6 (about $219 million) in 2016, compared to a profit of € 41.0 on sales of € 209.0 in 2015.

Van de Velde owns the PrimaDonna, Marie Jo and Andres Sarda lingerie and swim brands as well as retail chains in Europe. — NM


more Financial and General Interest News >>

Published 03-09-2017 by Nick Monjo

Related Articles

Rigby & Peller U.S. Sales Drop 30% In 2016
Van de Velde Acquires 87% of Rigby & Peller


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 © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2017 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*