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 […]
Damartex announces that it has entered into exclusive negotiations with the CTFI group for the sale of Afibel. As part of its new strategic plan Dare. Act. Impact. 2026, Damartex announced in September 2023 its intention to put its Afibel business up for sale, in order to focus its efforts and investments on a limited […]
By making CSR one of the 4 pillars of its new strategic plan “Dare. Act. Impact. 2026”, the Group is determined to place its social responsibility at the heart of its business model. The ambition is to make Damartex a profitable, sustainable Group that is useful to our society and our planet, and committed “On […]
The year 2022-2023 has been a year of unique challenges and opportunities for Damartex in a shrinking economic context, particularly impacting the Silver Economy. It is with a sense of determination and resilience that I share with you an overview of our journey over the past year. Aware of the headwinds the Group has had […]