Report
Guy Sips

Van de Velde New interim CEO Karel Verlinde shaping the bodies and minds of women

Van de Velde surprised us with announcing that they decided -with immediate effect and by mutual agreement- that Peter Corijn, who served as CEO since May 2022, will leave the company. The board of Van de Velde has appointed the current CFO Karel Verlinde as interim CEO. Van de Velde highlighted that this puts an insider in charge who in recent years, together with ex-CEO Marleen Vaesen, successfully guided the company through challenging times. Karel Verlinde will work closely with the management team to provide continuity in the execution of the strategic plan. So now a financial guy has to shape the bodies and minds of women.
Underlying
Van De Velde S.A.

Van de Velde creates, produces and sells luxury women's lingerie under its own brand names. Co.'s brands are Marie Jo – 'Haute Lingerie' which provides timeless underwear fashion for the woman in all her forms; Marie Jo L'Aventure – 'Lingerie Pure' which provides Graphic luxury lingerie for the young-at-heart woman; and PrimaDonna – 'Exigez l'excellence' which provides luxury lingerie that combines a fit with fashion. Co. operates in a single reporting business segment, which is the production and sale of luxury lingerie. Co. reports its opeStefaan Vandammerations based on the geographical location of customers divided into euro zone and non euro zone.

Provider
KBC Securities
KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

 

Analysts
Guy Sips

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