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


Small Belgian brewery conquers Brazil thanks to playing cards

13/09/2017

Het Nest, a small brewery from Turnhout, will get its beers brewed in Brazil as well. It has struck a deal with Cervejaria Premium Paulista, which will brew and distribute the beers locally.

Price cuts drive 25 % more customers to Whole Foods

12/09/2017

Supermarket chain Whole Foods welcomed an additional 25 % of customers in the first few days following Amazon’s price cuts.

Ter Beke enters British food service industry

12/09/2017

Belgian food group Ter Beke has acquired a 90 % stake in British competitor KK Fine Foods for an undisclosed fee. The current shareholders hold onto the other 10 %.

Godiva wants to conquer the world through supermarkets

12/09/2017

Belgian praline brand Godiva will soon sell its chocolate in supermarkets all over the world after signing a deal with chains like Albert Heijn and Sainsbury’s. Previously, it sold nearly all its chocolate through its own store network.

Insight: Xavier Piesvaux' seven labours at Delhaize

10/09/2017

Can one French and several Dutch managers do what the Belgian management failed to do these past few years at Delhaize Belgium? Its new CEO will face plenty of challenges: we count at least seven.

Nestlé USA acquires food manufacturer Sweet Earth

08/09/2017

Nestlé USA has acquired American Sweet Earth for an undisclosed fee. The company mainly manufactures meat replacements, a rapidly-growing market, but also several frozen meals.

Back to top