The consolidated turnover of Van de Velde for the first half of 2012 has grown due to good performance of Rigby & Peller in Europe. But on a comparable basis the consolidated turnover has fallen by 2.8 percent.
In the first half of 2012 Van de Velde realised a consolidated turnover growth of 0.9 percent. Last year for the same period it was m€ 97.8 compared to m€ 98.7 for the current year.
On a comparable basis (including comparable deliveries and excluding retail turnover of Rigby & Peller UK) the consolidated turnover fell by 2.8 percent. A fall in wholesale turnover was registered by 3 percent mainly due to a decline in back orders for the second quarter of 2012. Similarly there was a fall in retail turnover of Intimacy of about 10 percent in local currency and 1.7 percent in euro. In Europe retail turnover of Rigby & Peller (the former Oreia) grew by over 8 percent thanks to the opening of new stores in Germany and Spain.
The retail turnover of Rigby & Peller in the UK contributes an amount of m£ 4.5 (m€ 5.5). This represents a growth of about 4.5 percent on a store-to-store basis.
Van de Velde based in Schellebelle designs, produces and markets luxurious women’s lingerie under its own brand names Marie Jo - ‘Haute Lingerie’, Marie Jo L’Aventure - ‘Lingerie Pure’ , PrimaDonna, Marie Jo Intense - 'Move in style', Andres Sarda and Prima Donna Twist.