The ANWR Group increased total sales by 14 percent to €3.5 billion in the first half of this year compared with the same period of 2010. The group recorded rising revenues in all of its product segments, namely shoes, leathergoods, sporting goods and financial services.
The sporting goods segment recorded only slightly higher sales with an increase of 2 percent in the first half, whereas leathergoods and shoes experienced increases of 16 percent and 14 percent, respectively. The sporting goods sector faced a more severe winter season at the beginning of this year.
The retailers affiliated with the buying groups run by ANWR – ANWR Schuh, Quick Schuh, Garant Schuh+Mode, Rexor, Sport 2000 and Goldkrone – managed to record stable sales at retail in the first six months of 2011. Almost all sectors reached the same level of sales as during the first half of 2010.
In particular, the poor start to the new business year inhibited strong growth rates in the sporting goods sector. Additionally, low figures in May and April for the shoe sector made it difficult to reach similar growth rates as in 2010, which was a very successful business year for the shoe sector.
The financial services segment recorded an increase in total revenues of 15 percent or €300 million in the first half of this year. DZB Bank and Aktivbank in particular experienced strong growth rates in business volumes in the first half of this year.
More than 6,000 retailers from the sporting goods, shoe, leathergoods and financial services sector are members of one of the buying cooperatives of the ANWR Group. The international structure of the group makes it possible to make up for low growth rates in one country with strong growth rates in another.