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Au premier trimestre 2012, le groupe de pret-à-porter (Etam, Etam Lingerie, 1, 2, 3 et Undiz) a enregistré un chiffre d’affaires hors taxes de 331,2 M€ qui intègre un impact positif de change de 11,5 M€ dû à l’appréciation du Yuan face à l’Euro. L’activité est en baisse de -1,1% par rapport au 31 mars 2011 et de -9,5% à surface comparable et taux de change constant.

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En Chine, le chiffre d’affaires de 142,5 M€ au premier trimestre 2012 recule de -2,2% par rapport au premier trimestre 2011 et de -17,1% à surface comparable et taux de change constant. Des actions en profondeur sont engagées dans les domaines suivants : révision des collections et différenciation plus marquée entre les trois marques principales, montée en gamme des environnements magasin, formation des équipes de vente et productivité des stocks.

En 2011, Sacs Louis Vuitton le groupe a poursuivi sa rationalisation, avec en particulier une adaptation du parc de magasins de l’enseigne 1.2.3 et la mise au rebut à caractère exceptionnel d’agencements magasins, le tout pour un montant de charges non-courantes de -7,0 M€.

Le résultat net consolidé s’élève à 11,3 M€ contre 24,6 M€ en 2010. Après prise en compte des intérêts minoritaires de la Chine pour 5,3 M€, le Résultat Net Part du Groupe de l’année 2011 est de 6,0 M€. € et son montant rapporté aux fonds propres est de 57,2%, stable par rapport au 31 décembre 2010.

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