Spain's economic performance also showed less momentum than in recent years, closing 2019 with economic growth of 1.9%. Adjusted for prices, private consumer spending was 1.6% up on the previous year. The growth in 2019 was underpinned primarily by consumption. However, economic growth 0.6% higher than in the previous year means that Europe's largest national economy has lost a significant amount of momentum. The German economy grew again in 2019, for the tenth consecutive year. Economic growth slowed significantly in comparison with recent years, standing at 1.2% in the eurozone and at 1.5% in the EU 27. The sluggish economic development of the previous year continued in the European economy. Global economic growth fell to 2.9% compared with the previous year, mainly as a result of ongoing trade tensions. Overall economic and sector-related conditions Material external influencing factors include competition and general economic performance, with the latter being reflected in the purchasing power of customers.
The online shop is now present in selected European countries. Bijou Brigitte has had an online shop since 2006, which is constantly updated to meet customer requirements. In 2010, the company rolled this sales channel out internationally. The company has also been selling a selection of items in various department stores through licensed partners in Germany since 2008. Sales are primarily made in Bijou Brigitte stores that are mainly located on highly frequented shopping streets and in shopping centres. German stores made up around 43.0% of the total store network in 2019 (previous year: 42.8%). There are stores in Austria, Belgium, Bulgaria, the Czech Republic, Egypt, Finland, France, Germany, Greece, Great Britain, Hungary, Italy, Jordan, Luxembourg, the Netherlands, Poland, Portugal, Romania, Saudi Arabia, Slovakia, Spain and Switzerland. Furthermore, seasonal items are offered to mark all special occasions, for example at Christmas, around Valentine's Day, Mother's Day, Oktoberfest and during the wedding season in the spring.Īt the end of the reporting year, the Group had 1,042 stores in 22 countries. In addition to the classic product range, two main jewellery collections are presented twice a year - Spring/Summer and Autumn/Winter - in sync with the change in seasons. Bijou Brigitte focuses on a fashion-conscious target group, consisting primarily of female customers. The extensive product range comprises around 10,000 articles offering attractive value for money, ranging from fashion and exclusive jewellery to fashion accessories, men's and children's jewellery. Average for the year - adjusted tofull-time employeesĢ019 Group management report of Bijou Brigitte modische Accessoires AGīusiness activity and corporate structureīijou Brigitte modische Accessoires AG is one of the leading European fashion jewellery chains and looks back on a corporate history spanning 56 years as of this reporting year.% of total operating performance (EBIT ma
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