Belgian Van de Velde sales rise 9% Y/Y in H1 2011.
The company said on Friday the autumn/winter collection deliveries in June 2011 were higher than in the same month of the previous year.
With the turnover of US subsidiary Intimacy included, the company's first-half sales came in at EUR 97.8 million, a growth of 17.3% on the year, but only two months of Intimacy figures were recognised in the first half of 2010.
Van de Velde expects a growth in sales of between 2% and 3% in the entire 2011, not including Intimacy.
(EUR 1 = USD 1.432)
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|Publication:||ADP News Belgium|
|Article Type:||Financial report|
|Date:||Jul 8, 2011|
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