Marie Jo news and archive

Van de Velde reports revenue recovery in second half of 2025

Belgian lingerie group Van de Velde (VdV) has reported a positive turnaround in the latter half of its 2025 financial year, following a challenging start to the period. The company realized revenue growth of 1.9 percent in the second half of the year. However, full-year figures remained slightly below the previous year's levels. Comparable...

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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 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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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...