C&A celebrates 100 years in Germany with excellent results

 German fashion chain C&A celebrated its 100 years on home soil with beautiful financial results. Turnover rose to 6.59 billion euro (+4.6%) and grew in almost all of the 19 countries C&A is active in. The growth was biggest in Holland (+5.3%), where the 2010 turnover was 514 million euro.

 

Big in Belgium

Despite a growth of only 0.6% in Belgium, the waffle county still has a bigger share in C&A's turnover than its northerly neighbours (519 million euro) – which is 10 times more than the chain's biggest growth market: their webshop.

 

In 2010, C&A opened 80 new stores, lifting the total to 1490. All these stores result in an European market share of 5.4% (up from 5.1% in 2009), causing the chain to comment that they “keep growing in a shrinking apparel market”. 

 

New stores, new concept, new logo

To ensure further growth, C&A designed a new store concept which they tested last year in Cologne, Germany. In the next two years, 160 new stores should be opened, bringing C&A's total to 1650 by 2013. For this expansion, the chain has already allotted 650 million euro. Adding to that the new corporate design and new logo, the ancient “Clemens and August” is ready to face the future in full confidence.

 German fashion chain C&A celebrated its 100 years on home soil with beautiful financial results. Turnover rose to 6.59 billion euro (+4.6%) and grew in almost all of the 19 countries C&A is active in. The growth was biggest in Holland (+5.3%), where the 2010 turnover was 514 million euro.

 

Big in Belgium

Despite a growth of only 0.6% in Belgium, the waffle county still has a bigger share in C&A's turnover than its northerly neighbours (519 million euro) – which is 10 times more than the chain's biggest growth market: their webshop.

 

In 2010, C&A opened 80 new stores, lifting the total to 1490. All these stores result in an European market share of 5.4% (up from 5.1% in 2009), causing the chain to comment that they “keep growing in a shrinking apparel market”. 

 

New stores, new concept, new logo

To ensure further growth, C&A designed a new store concept which they tested last year in Cologne, Germany. In the next two years, 160 new stores should be opened, bringing C&A's total to 1650 by 2013. For this expansion, the chain has already allotted 650 million euro. Adding to that the new corporate design and new logo, the ancient “Clemens and August” is ready to face the future in full confidence.

Questions or comments? Please feel free to contact the editors


Carrefour rolls out discount formula Supeco in Italy

19/07/2017

The Carrefour group just opened its first full-blown Supeco store in Italy. The soft discount formula targets both families and professional customers.

Amazon Fresh expands to Hamburg

19/07/2017

Amazon continues to expand its Amazon Fresh service across Germany after its launch several months ago. Following Berlin and Potsdam, it is now available in a large part of Hamburg.

Subway trials new formula

19/07/2017

Fast food chain Subway is trialing a new formula in several of its stores, with a visually altered design and several technological innovations.

Unilever will not get Reckitt Benckiser's food division

19/07/2017

American McCormick & Co has acquired Reckitt Benckiser’s food division for 4.2 billion dollars (3.6 billion euro), trumping Unilever to the purchase.

Unilever targets Reckitt Benckiser's food division

17/07/2017

Unilever is allegedly interested in Reckitt Benckiser’s food division, but would have to fend off American Hormel Foods. Price: about 2.5 billion euro.

TripAdvisor will home deliver meals through Deliveroo

12/07/2017

Meal delivery service Deliveroo is collaborating with TripAdvisor, integrating its service into TripAdvisor. The two companies will work together in Belgium, the Netherlands and ten other countries to facilitate orders.

Back to top