Van de Velde H1 turnover up 0.9 percent
Van de Velde brand, Marie Jo / Photo: Marie Jo
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 turnover still inceased 0.9 percent to 98.7 million euros ($122.20 million) from 97.8 million in the same period last year.
The group said it would give more detailed outlook for the rest of 2012 in August.
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