The Group announces the forthcoming arrival of Nicolas Marchand as Chief Executive Officier After 16 years at the helm of Damartex, Patrick Seghin has announced his intention to leave the Group to take up non-executive positions. He will remain with Damartex until 31 March 2025 to ensure an effective transition to his successor, Nicolas Marchand, […]
By integrating CSR at the heart of its “Dare Act Impact 2026” strategy, the Damartex Group reaffirms its ambition to guarantee its profitability and sustainability, while strengthening its social, environmental and societal utility through its “On Seniors’ Side” commitment. The Extra-Financial Performance Statement for the 2023-2024 financial year illustrates the concrete actions taken this year […]
A growing first quarter illustrating the Group’s commercial responsiveness In the 1st quarter of the 2024/2025 financial year, the Damartex group posted revenue of €109.9 Mn, up +0.6% at actual exchange rates compared to the 1st quarter of 2023/2024 (+0.1% at like for like exchange rates). This demonstrates the Group’s ability to be responsive and […]
At the end of Chapter 1 of its strategic plan, Damartex increases its operational profitability PERFORMANCE BY POLE Damartex ended the 2023/24 financial year with sales of €529.2 Mn, down compared to the previous year (-9.9% at actual exchange rates, -10.2% at like for like exchange rates). This reflects activity impacted by headwinds (macroeconomic instability […]
Damartex is pursuing its strategic course and agile management of its activities to achieve a successful turnaround Damartex closed the 2023/2024 financial year with revenue of €529.2 Mn, down on the previous year (-9.9% at actual exchange rates, -10.2% at constant exchange rates). Continuing the trend of the first six months, second-half sales came to […]
Damartex continues to implement its strategic plan with determination Despite sales of €292.9 million in the first half of 2023/2024, down 11.6% on the same period last year, Damartex is determined to stay the course by optimizing its fixed and variable costs, and actively managing its cash flow and working capital requirements. Focused on customer […]
Damartex continues to roll out its strategic plan with determination BUSINESS Damartex ended the first half of the 2023/2024 financial year with sales of €292.9 Mn, down on last year (-11.6% at actual and like-for-like exchange rates). Sales for the Fashion division came to €226.7 Mn for the first half, down ‑9.9% at actual and […]
Damartex announced today that it has signed an agreement to sell Afibel, its Golden Age brand and pioneer in plus-size fashion, to CTFI, a group specializing in the manufacture and distribution of personal and household goods. This sale is part of the new strategic plan of the Group: Dare. Act. Impact. 2026, announced in September […]
Business in Line with Previous Quarters, First Steps in Rolling Out the New Strategic Plan Damartex closed the first half of the 2023/2024 financial year with sales of €292.9 Mn, down -11.6% on the previous year at like-for-like and actual exchange rates. Against a resolutely unstable backdrop of persistently high inflation, declining purchasing power for […]