Brown Shoe Does Better At Wholesale Than At Retail
Brown Shoe Company’s net profit plummeted by 87.8 percent to $4,083,000 for the 2nd quarter ended July 30, which included after-tax charges of $1,798,000. One reason for the drop was the recent acquisition of Bennett Footwear, which subtracted $1,272,000 from its total profits. Gross margins declined from 41.3 to 39.1 ...
SIGN-IN if you are already a subscriber of Shoe Intelligence.
Subscribe today
Your membership benefits:
- Unlimited access to shoeintelligence.com - all insight, analysis and statistics 24h/day available online
- Our executive edition of Shoe Intelligence (Digital Edition) - the must-read for all decision-makers in the industry
- Weekly E-mail Briefing from the Chief Editor with the lastest analysis and most important industry developments
- Case studies and best practices on business challenges
- Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry
- Unlimited access to shoeintelligence.com - all insight, analysis and statistics 24h/day available online
- Powerful search and access to over 16,500 articles and analyses in the archive
- Personal library to save articles and track your key content
- Organisation-wide access across offices, people and devices
To continue reading this article REGISTER NOW.