French Fashion Group Etam Developpement SCA (TAM.PA) today announced second quarter and first half of the sales data.
As of June 30, 2013 the first three months, Etam Developpement SCA (TAM.PA) sales of 263.2 million euros, compared with 2012 growth of 0.7 percent over the same period, same-store sales rose 1.4%. Which the European sales cheap sexy lingerie reached 189.8 million euros, an increase of 1.8%, same-store sales increased 2.5%, the Group's sales in France increased by 2.5% to 166.9 million euros, but the sales of the rest of Europe fell 3.2% to 2,290 ten thousand euros; China sales ratio last year fell 2.2% to 7,340 million euros, same-store sales fell 2.6%.More about lingerie,click here.
Group achieved sales of 596.8 million euros in the first half, compared with the same period last year by 0.7%, same-store sales rose 1.6%. Which the European sales rose 2.6% to 384.8 million euros, same-store sales growth of 3.3%, the Group's sales in France increased by 3.2% to 339.8 million euros, but other parts of Europe, sales fell by 1.8% to EUR 45 million; China sales decrease over last year 2.6% to 212 million euros, same-store sales fell 2.3%.
Etam Developpement SCA (TAM.PA) in the earnings report that the Group's brand in the European clothing market to face difficulties and poor weather conditions in the case of performance of overall satisfaction, but in China will take measures to reduce product inventory and supply, and sales network construction, the group has been reduced by 117 during the first half of Etam Chinese department store shops.
As of June 30, 2013, Etam Developpement SCA (TAM.PA) Total operating 4,376 stores, including 932 in Europe, 3,238 rooms in China, and another 206 international franchise stores.
Reports from the http://www.milabuy.com/.
Orignal From: 2013 Etam Developpement SCA (TAM.PA)
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