top shadow

To receive more info from La Perla about a particular product, Click on the photo (photo will enlarge).

La Perla style. La Perla style. La Perla style. The New Sculpture The New Sculpture
La Perla style.

Added: Jul 2010
La Perla style.

Added: Jul 2010
La Perla style.

Added: Jul 2010
The New Sculpture

Added: Mar 2010
The New Sculpture

Added: Mar 2010

current news

La Perla Lost €41.3M On Sales Of €27.5M

(Filed Under wholesale Lingerie News). In the six months ended June 30, La Perla lost €41.3 million (about $48.8 million at current exchange rates) on sales of €27.5 (about $32.5 million), compared to a loss of €44.5 on sales of €40.3 in the six months ended June 30, 2019.

The company explained retail revenue declined 37%, “approximately 33% on a like-for-like basis,” while “e commerce outperformed physical boutiques and concessions, up high teens.” It added that “Asia outperformed both EMEA and North America.” Retail sales are by far the largest segment for La Perla, totaling €22.7 million in the period (down from €36.2 million in the same six months last year).

On the wholesale side, “revenue increased approximately 40%, largely driven by improved first quarter performance against poor deliveries in the previous year. Gross margin increased from 42% to 50%, benefiting a reversal of inventory provisions and a greater proportion of full-price sales, partially offset by increased inventory clearance activity, in the 2020 period relative to 2019.” In total, wholesale sales were €4.6 million in the first half, up from €3.4 million in the same period last year.

La Perla Fashion Holding N.V. stated that “operating expenses decreased from €38.7 million in the 2019 period to €34.9 million in 2020. This was driven by reduced marketing and selling expenses largely related to store closures, partially offset by increased G&A expenses due to incremental IT investment and the initial operating expenses of La Perla Beauty.”

Summarizing the period, the company complained that “although management was encouraged by a continuation of the second half of 2019’s positive trends during the first few weeks of 2020, the Covid-19 crisis significantly affected results during the first half of 2020. The pandemic brought disruption across the business from the closure of a majority of physical stores for extended periods to supply chain interruptions.”

The firm concluded, “among others, La Perla’s financing arrangements include a loan by Tennor Holding B.V. and La Perla Fashion Finance B.V. in the aggregate principal amount of up to €250 million, which does not mature over the next 12 months. The total amount outstanding under this loan stands at €161.2 million as of 30 June 2020, inclusive of €16.4m of accrued interest and €5.7m of accrued fees.” — NM

more wholesale Lingerie News >>

Published 11-23-2020 by Nick Monjo

Related Articles

La Perla Lost €136M On Sales Of €66M
La Perla Lost €41.3M On Sales Of €27.5M
Huge Net Loss, 19.2% Sales Drop At La Perla
La Perla Sales Fell 32.2% In First Half 2019
La Perla Joins Agent At Miami’s Brickell Mall
La Perla’s Houston Shop To Be Its First In Texas
La Perla’s New Retail Concept In California
La Perla Opens Latest Boutique In Honolulu
La Perla to Open Bucharest Boutique

Comment on this article, brand or product

Disclaimer: The views expressed in comments published on 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 © 2022 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2022 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to
bottom shadow