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Netherlands: Turnover growth textile discounter Zeeman continues

Discount Textile Retail Chain Zeeman (Dutch family owned) will grow its 'consumer turnover' by 115.3 million euros in financial year 2022, according to the filed CSR report. The company achieves a turnover of 931.5 million euros. 'Consumer turnover' has been on the rise again since 2020. In that year, the company recorded a turnover of 740.6 million euros. In 2021, this amounted to 816.2 million euros.


The company's net sales in 2022 amount to 774.2 million euros. This is 95.7 million euros above the level of one year previously. There is no mention of the operating result in the report.


With a growing turnover, the number of items sold is also growing. Zeeman sold 290.7 million items in the year 2022. This is 4.6 percent more than one year previously. The year 2022 was also the year in which Zeeman further expanded its Resale program. Since the beginning of that year, the textile supermarket has been collecting clothing in all Dutch stores. In May, the programme rolled out to Belgium. A total of 33,673 second-hand garments were sold. That is about 13,000 more than in 2021.


Zeeman expects 'challenging macroeconomic and global developments' in the coming year

In addition, the report discusses the expansion of the stores and the launch of the new store concept. "The quality of the store stock has improved by renovating buildings and by closing less well-performing stores," Zeeman said in the report. At the end of 2022, the textile supermarket had 1313 stores, of which 454 stores in the Netherlands and 267 stores in Belgium. In addition, 2022 is the year in which Zeeman rolled out its webshop to countries such as Germany, Luxembourg, Spain and Austria. In April 2023, Zeeman crossed the Portuguese borders for the first time.


Financially, the company expects the coming year to be dominated by 'challenging macroeconomic and global developments'.



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