{"id":30682,"date":"2026-08-27T05:42:51","date_gmt":"2026-08-27T05:42:51","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2026\/08\/27\/belgiums-van-de-velde-posts-h1-revenue-growth-on-d2c-strength\/"},"modified":"2026-08-27T05:42:51","modified_gmt":"2026-08-27T05:42:51","slug":"belgiums-van-de-velde-posts-h1-revenue-growth-on-d2c-strength","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2026\/08\/27\/belgiums-van-de-velde-posts-h1-revenue-growth-on-d2c-strength\/","title":{"rendered":"Belgium&#8217;s Van de Velde posts H1 revenue growth on D2C strength"},"content":{"rendered":"<p><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/static.fibre2fashion.com\/Newsresource\/images\/313\/shutterstock-412527817_324579.jpg\" \/><\/p>\n<div id=\"\">Belgian lingerie group Van de Velde NV has delivered solid revenue growth in the first half (H1) of 2026, underpinned by strong performance in its direct-to-consumer (D2C) segment and continued brand innovation. The company\u2019s strategic focus on product rejuvenation, digital expansion and targeted D2C development contributed to positive momentum, even as it navigated temporary cost pressures and a dynamic market environment.<\/p>\n<p>For the six months ended June\u00a030,\u00a02026, comparable revenue increased by 4.0 per cent year on year (YoY) to \u20ac116.6 million (~$136.07 million, as per conversion rate of $1 = \u20ac0.8569 as on August 26, 2026), while reported revenue rose 5.2 per cent to \u20ac115.7 million (~$135.02 million). Net profit attributable to shareholders climbed to \u20ac16.1 million (~$18.79 million), up from \u20ac15.8 million (~$18.44 million) in the prior-year period.<\/p>\n<p>Belgian lingerie group Van de Velde reported H1 2026 comparable revenue of \u20ac116.6 million (~$136.07 million), up 4.0 per cent YoY. &#13;<br \/>\nReported revenue rose 5.2 per cent to \u20ac115.7 million (~$135.02 million), while net profit increased to \u20ac16.1 million (~$18.79 million). &#13;<br \/>\nD2C revenue surged 15.2 per cent to \u20ac34.2 million (~$39.91 million), supported by product innovation and digital expansion. <\/p>\n<p>Operating profit (EBIT) reached \u20ac22.0 million (~$25.67 million), compared to \u20ac21.7 million (~$25.32 million) a year earlier. On a comparable basis, EBITDA stood at \u20ac28.0 million (~$32.68 million), representing an EBITDA margin of 24.0 per cent,\u00a0Van de Velde said in a press release.<\/p>\n<p>\u201cI am particularly proud of the entire Van de Velde team. The innovations we have implemented across various areas are clearly resonating with both consumers and retail partners. These results confirm that we are returning to structural growth. A fitting moment to pass the torch,\u201d said <strong><em>Karel Verlinde, chief executive officer, Van de Velde NV<\/em><\/strong>.<\/p>\n<h3>\tD2C segment drives revenue growth<\/h3>\n<p>The D2C segment performed strongly, with comparable revenue rising 15.2 per cent to \u20ac34.2 million (~$39.91 million). The business-to-business (B2B) segment remained stable on a comparable basis at \u20ac82.4 million (~$96.16 million). Growth was supported by the rejuvenation of the Marie Jo Avero family, successful swimwear launches, and enhanced digital experiences across brand websites and online marketplaces. The repositioning of the Sarda brand also contributed to momentum.<\/p>\n<h3>\tMargins and investment activity<\/h3>\n<p>While revenue growth contributed positively to profitability, temporary and one-off costs\u2014mainly related to product assortment expansion, production footprint diversification and higher inventory write-downs\u2014offset some gains. The company\u2019s effective tax rate improved to 21.8 per cent from 23.9 per cent a year earlier.<\/p>\n<p>Capital expenditure, excluding right-of-use assets, increased to \u20ac10.2 million (~$11.90 million), primarily for the construction of a new logistics site and further digital platform development.<\/p>\n<p>&#13;<\/p>\n<p class=\"text-right f2fdesk\">Fibre2Fashion News Desk<\/p>\n<p>&#13;\n    <\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fibre2fashion.com\/news\/apparel-news\/belgium-s-van-de-velde-posts-h1-revenue-growth-on-d2c-strength-313002-newsdetails.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Belgian lingerie group Van de Velde NV has delivered solid revenue growth in the first half (H1) of 2026, underpinned by strong performance in its direct-to-consumer (D2C) segment and continued brand innovation. The company\u2019s strategic focus on product rejuvenation, digital expansion and targeted D2C development contributed to positive momentum, even as it navigated temporary cost&#8230;<\/p>\n","protected":false},"author":1,"featured_media":30683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-30682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/30682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=30682"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/30682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/30683"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=30682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=30682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=30682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}