300
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
Published
Jan 16, 2018
Download
Download the article
Print
Text size

Marimekko has good 2017, revises profits forecast upwards

Published
Jan 16, 2018

Marimekko has reported strong figures for 2017 with the Finnish textiles-to-fashion firm seeing its net sales rising 3% but its comparable operating profits surging as much as 41%.


Marimekko



Its preliminary results this week showed that group net sales last year hit €102.3 million, up from €99.6 million a year earlier, while operating profit rose to €8.4 million from €5.2 million. Comparable operating profit rose to €8.6 million from €6.1 million.

That was good news given that the company had estimated full-year figures to be broadly flat year-on-year back when it delivered its interim results in August.

It revised that view in October saying comparable operating profit would be “at the same level as, or higher than, in the previous year,” but the firm has clearly become more confident in recent months.

The boost to the operating profit figure came as it said that Holiday season sales were better than expected. This helped its turnover rise in both its retail and wholesale ops in Finland. Meanwhile, “increased operational efficiency and lower-than-expected costs also had a positive impact on results.”

The figures at the moment are only preliminary and are unaudited. But we’ll get the full story on February 15 when the firm releases its official 2017 financial statement.

Copyright © 2024 FashionNetwork.com All rights reserved.