Beate Uhse in black for the first time in years | RetailDetail

Beate Uhse in black for the first time in years

Beate Uhse in black for the first time in years

For the first time since 2008, German erotics company Beate Uhse has managed to get EBIT profit through a series of cost-cutting measures and an increased online investment.

"Ready for expansion"

Beate Uhse's EBIT was 1.3 million euro, while it still had to take a 0.4 million euro loss last year. Still, the company had to accept a slight turnover decrease, from 144.3 million euro to 142 million euro.

 

"We are satisfied with 2013. We are once again ready for expansion in all of our sales channels. The successes of the measures implemented can be seen clearly in the economic development of the company during the past financial year", CEO Serge van der Hooft said.

 

Largest growth market were the online sales, taking up 84 % of all orders the mail order company handles at this point. Store sales remained relatively level, despite 5 new stores. For 2014, Beate Uhse has planned another 10 store openings.

 

It hopes to realize a 145 to 150 million euro turnover this year, through continued investments in sales to women, currently 80 % of its clients. To increase that share, it will start an ad campaign on Germany television in March and April, specifically geared towards women.

Questions or comments? Please feel free to contact the editors


Belgian fund close to HEMA acquisition

09/05/2018

Belgian Core Equity holding is allegedly close to acquiring Dutch chain HEMA: a verbal agreement is apparently in place, all that is required are the signatures.

Walmart, not Amazon, will acquire Indian market leader Flipkart

07/05/2018

Despite Amazon’s attractive offer, Indian online retailer Flipkart has chosen for Walmart and (remarkably), Google owner Alphabet as the new owners of 75 % of Flipkart’s shares. The deal is said to be worth 15 billion dollar.

Alibaba's growth exceeds expectations

07/05/2018

Chinese retail group Alibaba has published better-than-expected quarterly results: turnover went through the roof, but its profit is under pressure because of increased investments.

Shareholders ‘not amused’ by Unilever CEO's wage increase

03/05/2018

One in three British Unilever shareholders voted against the company’s proposed remuneration plan. Investors in the Dutch part of the (currently) British-Dutch company will vote on the plan as well.

Macy's acquires New York-based concept store Story

02/05/2018

American department store chain Macy’s will acquire New York-based concept store Story. Founder Rachel Schechtman will become Macy’s’ “brand experience officer”.

RetailDetail Congress ‘The Future of Shopping’ had substance and style

27/04/2018

With six CEOs of major Belgian retailers, the 2018 edition of the RetailDetail Congress had an impressive line-up on stage the 26th of April.