Comparable revenue in the D2C segment amounted to €55.9 million (~$64.8 million). Comparable B2B revenue totalled to €147.5 million (~$171.1 million) (-3.4 per cent vs. last year). In the second half of 2025, comparable EBITDA was €47.1 million (~$54.6 million), or 23.2 per cent of comparable revenue.
The D2C segment achieved revenue growth of +5.2 per cent. Brand websites performed strongly in both halves of the year. This positive trend was further supported by ongoing geographic expansion and a strengthened presence on external online marketplaces. In addition to adding new sales points, this aligns with our strategy to further enhance brand experience.
Van de Velde reported second-half fiscal 2025 comparable revenue of €203.4 million (~$235.9 million), down 1.1 per cent, but showing a 1.9 per cent recovery after a weak first half.
D2C revenue reached €55.9 million (~$64.8 million), while B2B totalled €147.5 million (~$171.1 million). Comparable EBITDA was €47.1 million (23.2 per cent margin).
“After a challenging first half of the year, we returned to revenue growth in the second half, driven by lingerie sales. The renewal of our assortment and the further expansion of the Direct-to-Consumer segment to strengthen brand experience are beginning to bear fruit in both the summer and winter seasons. This also translated into higher EBITDA in the second half. In the first half, however, EBITDA decreased due to lower sales in Swim and the impact of high import duties on the US market,” CEO Karel Verlinde said.
Fibre2Fashion News Desk (RR)
