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current news

2017 Sales Rose Slightly At Van De Velde


(Filed Under Financial and General Interest News). Sales rose 1% in fiscal 2017 at Belgium-based Van de Velde. The company owns the Rigby & Peller lingerie stores in the U.S., as well as other retail chains around the world, and the PrimaDonna, Marie Jo and Andres Sarda wholesale brands.

According to the company, in 2017, “Reported turnover grows from €206.6m [about $254 million at the current exchange rate] to €208.7m [about $256 million] (+1.0%). Reported turnover at constant exchange rates grows by +1.8%. Comparable turnover decreases from €206.8m to €205.3m (-0.7%) as a result of currency effects. Comparable turnover is stable at constant exchange rates. Comparable turnover (at constant exchange rates) decreases in wholesale by 0.3% and increases in retail by 4.2%.”

Van de Velde noted that “The full results for the fiscal year 2017 will be announced and commented on Tuesday 27 February 2018.”


more Financial and General Interest News >>

Published 01-28-2018 by -

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