Monday, July 9, 2012
Van de Velde H1 turnover up 0.9 percent
Van de Velde brand, Marie Jo / Photo: Marie JoBelgian lingerie maker Van de Velde said on Thursday that its turnover increased 0.9 percent in the first half of 2012, aided by strong retail sales in Britain and new store openings in Germany and Spain. The maker of brands such as PrimaDonna and Marie Jo said wholesale turnover fell by 3 percent and its U.S. unit Intimacy recorded a sales decline of 10 percent in local currency. Due to the strong result in its European retail activities, overall
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