Van de Velde news and archive

Van de Velde turnover decreases by 5.1 percent

Van de Velde reported a comparable turnover of 116.2 million euros, a decrease of 5.1 percent for the first six month period. The company said in a statement that the comparable turnover of the D2C segment reached 28.3 million euros, up 11.1 percent, while the comparable turnover of the B2B segment amounted to 87.9 million euros, down 9.4...

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Van de Velde posts marginal turnover decline

On a comparable basis, the consolidated turnover at Van de Velde rose 0.3 percent in 2023 to 212.1 million euros, while the reported turnover decreased 0.2 percent to 211.3 million euros. The company’s EBITDA in 2023 declined by 2.3 percent to 56.6 million euros and the reported EBITDA decreased by 3.7 percent to 56.1 million euros. The...

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Van de Velde turnover increases by 4.3 percent

Van de Velde turnover on a comparable basis increased by 4.3 percent in the first six months of 2023 to 122.5 million euros. The company said in a statement that the reported turnover increased more sharply by 5.5 percent to 120.6 million euros. Commenting on the results, the company’s CEO Karel Verlinde said: “In a volatile economic...

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Van de Velde 2022 turnover increases by 10.6 percent

On a comparable basis, Van de Velde’s consolidated turnover increased by 10.6 percent in 2022 from 191.2 million euros. The reported turnover increased by 8.4 percent to 211.7 million euros. In the B2B segment, the comparable turnover grew by 10.1 percent to 168.2 million euros and in the D2C segment by 12.2 percent to 43.2 million euros. In the...

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Van de Velde appoints current CFO Karel Verlinde as interim CEO

Van de Velde has announced that the company’s management is redrawn, with immediate effect. The company’s board of directors has appointed the current CFO Karel Verlinde as interim CEO. The company said in a statement that by mutual agreement Peter Corijn, who served as chief executive officer (CEO) since May 2022, will leave the company. The...

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Van de Velde H1 turnover increases by 21.5 percent

Van de Velde reported comparable turnover of 117.4 million euros, an increase of 21.5 percent for the first half year. The comparable EBITDA increases by 30 percent to 37.8 million euros and corresponds to 32.2 percent of the comparable turnover. The net group profit of the period amounted to 22.9 million euros, an increase of 26.2 percent....

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Van de Velde 2021 turnover increases by 19.1 percent

On a comparable basis including comparable seasonal deliveries, the consolidated turnover at Van de Velde increased in 2021 by 19.1 percent from 160.5 million euros to 191.2 million euros. The company said, reported turnover increased by 28.2 percent to 195.3 million euros. Commenting on the company’s performance, Van de Velde CEO Marleen Vaesen...

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Van de Velde reports strong improvement in H1 sales and Ebitda

On a comparable basis, consolidated turnover at Van de Velde increased during the first half of 2021 by 16.5 percent to 96.6 million euros, while the reported turnover increased by 32.1 percent to 97.6 million euros. The company’s comparable wholesale turnover increased by 15.8 percent to 83.7 million euros and the retail turnover grew by 21.3...

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Full year sales and profit decline at Van de Velde

On a comparable basis, the consolidated turnover in 2020 decreased by 18.5 percent at Van de Velde to 160.5 million euros, while the reported turnover decreased more sharply by 22.1 percent to 152.3 million euros. Comparable wholesale turnover of 2020 was 14.6 percent or 23.6 million euros lower than last year. The company said that in the first...

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Van de Velde reports sharp decline in turnover and profit

The consolidated turnover at Van de Velde, in the first six months of 2020 decreased by 26.5 percent 82.9 million euros (98.6 million dollars). The company said in a statement that the reported turnover decreased by 31.9 percent to 73.9 million euros (87.9 million dollars). The company added that the drop in comparable turnover consists of 23.5...

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Van de Velde turnover decreases by 3 percent in 2019

For the fiscal year of 2019 the reported turnover of Van de Velde decreased by 3 percent to 197 million euros (215 million dollars). At constant exchange rates, this amounts to a decrease of 3.6 percent. The company said in a statement, wholesale turnover on comparable basis decreased by 2.2 percent with a decrease in lingerie partially...

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Van de Velde posts drop in H1 sales and profit

In the first half of 2019, consolidated turnover at Van de Velde fell by 2.2 percent to 108.5 million euros (119.8 million dollars) compared with the year before. On a comparable basis, the consolidated turnover dropped by 1.2 percent to 112.8 million euros (124.6 million dollars). The company said in a statement that at constant exchange rates,...