Acquisition creates loss for Hunkemöller

Acquisition creates loss for Hunkemöller

Lingerie chain Hunkemöller’s turnover grew in the past fiscal year, but costs related to the Carlyle Group acquisition, led to an overall loss.

Online growth

The company’s turnover reached 398.5 million euro in the past fiscal year, almost fifty million euro more than in the previous year. However, the past fiscal year was two months longer than the one in 2015.


More than 40 % of turnover, some 170.6 million euro, came from Germany, its largest market. The Netherlands generates 104.7 million euro in sales, Belgium 60.7 million and Denmark 17.1 million euro.


Hunkemöller says it gained market share in every major market, partially thanks to a strong online surge and another 104 new stores. It currently operates 775 stores in more than 25 countries and it hopes to have reached 1,300 stores by 2020.


Unfortunately, because of Carlyle’s acquisition, Hunkemöller’s small profit (221,000 euro) was turned into a 3.6 million euro loss. Its EBITDA did reach 13.4 million euro, but that is also a slump compared to the year before, when it reached 35.5 million euro.

Questions or comments? Please feel free to contact the editors

Gerelateerde items

C&A sells 13 French stores


Fashion chain C&A will sell thirteen of its 160 French stores. The locations and the staff will all transfer to French fashion chain Chaussea and Stokomani.

Europe and Asia give Guess strong quarter


American fashion brand Guess’ third quarter turnover grew more than 3 %, mainly thanks to excellent sales in Asia and Europe. It did post a net profit loss however.

Urban Outfitters gets back on track in third quarter


Following several quarters of negative results, Urban Outfitters’ third quarter was one of growth. Total turnover grew 3.5 % and there was a 1 % like-for-like growth.

Danish fashion platform Miinto is now also available in Belgium


Danish fashion platform Miinto has launched in Belgium this week. Smaller fashion retailers can sell their products on the platform, combining their strength to withstand larger web shops.

Lucas Bols drunk in love with Passoã


Liquor manufacturer Lucas Bols’ turnover has grown 23.8 % in the first six months of its broken fiscal year, to 48.8 million euro. Aside from 0.5 %, the entire growth is thanks to liquor brand Passoã’s integration.

"Hunkemöller prepares IPO"


According to financial press agency Bloomberg, investment company Carlyle Group ordered Rothschild bankers to prepare an IPO for Hunkemöller.

Back to top