News Briefs – Page 11
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News briefs
More than 70 percent of Sweden's shoppers buy clothes and...
More than 70 percent of Sweden's shoppers buy clothes and shoes for everyday use in a sporting goods store, and most of them are women, according to a survey of 300 people conducted by Bonial. Another notable result of the study is that over 80 percent of the respondents preferred ...
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News briefs
Hermès International reported a record operating margin of 33.9 percent...
Hermès International reported a record operating margin of 33.9 percent and a 13 percent increase in net profits to €545 million for the first half of this year, but indicated that the operating margin for the full financial year will likely fall below the 32.5 percent level reached in 2015. ...
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News briefs
Total exports of leather shoes from China fell by 20...
Total exports of leather shoes from China fell by 20 percent in volume and by 22 percent in value during the first seven months of this year. The volume went down to 395 million pairs and they average price declined to $13.92. Imports of leather shoes dropped by 14.4 percent ...
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News briefs
China will overtake the U.S. to become the world's biggest...
China will overtake the U.S. to become the world's biggest retail market in 2016, with estimated total sales of $4.886 trillion, compared with $4.823 trillion for the U.S., according to Emarketer. The New York-based research firm added that China will remain the world's largest retail e-commerce market, with sales forecast ...
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News briefs
A recent survey has shown that Swedish e-retailers have been...
A recent survey has shown that Swedish e-retailers have been suffering increased competition from foreign e-retailers. In the past, the competition was coming largely from the U.S., the U.K. and Germany, but the biggest increase has come from China. The survey found that one out of four Swedes made an ...
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News briefs
Chinese tourists traveling around the world are expected to reach...
Chinese tourists traveling around the world are expected to reach 600 million within the next five years, according to the China National Tourism Administration (CNTA), the Chinese national authority in charge of tourism. Domestic tourism is also expected to grow, said the agency. In the first half of 2016, the ...
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News briefs
The luxury goods industry is projected to accelerate its growth...
The luxury goods industry is projected to accelerate its growth in the medium-long term. In its latest luxury market report, Goldman Sachs said the sector s growth rate in 2016 will be zero, and only a 1 percent increase is expected for 2017. However, the U.S. merchant bank forecasts an ...
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News briefs
The Italian tanning industry declined by 4.1 percent in value...
The Italian tanning industry declined by 4.1 percent in value and by 4.6 percent in volume in the first half of the year. The negative performance was caused by a drop in both the domestic and export market, down in value by 2.1 percent and 4.9 percent, respectively. Italy's tanning ...
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News briefs
British women increasingly like “trainers,” as sneakers and sports shoes...
British women increasingly like “trainers,” as sneakers and sports shoes are called in the U.K.. According to recent research conducted by Mintel, the number of female shoppers who purchased trainers during the past year surpassed for the first time the number of shoppers who purchased shoes with a heel. Trainers ...
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News briefs
Hunter Boot has seen its revenues climb by 19 percent...
Hunter Boot has seen its revenues climb by 19 percent to £113.7 million (€130.0m-$145.1m) in the full year to Dec. 31, 2015, with sales in North America up by 33 percent on the previous year. The positive performance was also driven by the success of the brand segmentation strategy and ...
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News briefs
LIR, the Italian holding company that controls Geox and Diadora,...
LIR, the Italian holding company that controls Geox and Diadora, posted net profit of €2.5 million in 2015, down from €4.1 million a year earlier, after Geox omitted paying a dividend. The holding company decided to retain the whole bottom line to reinforce its balance sheet. It now has net ...
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News briefs
The German-based GMS buying group reports an increase in centralized...
The German-based GMS buying group reports an increase in centralized settlements from €140.5 million in the first half of 2015 to €167 million after the first six months of this year. Affiliated members in Germany recorded a 16 percent sales increase in the first half of this year, and positive ...
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News briefs
Gabor Shoes reported a 1 percent increase to €213 million...
Gabor Shoes reported a 1 percent increase to €213 million for the first half of 2016, including the wholesale-equivalent sales of its licensees. In the first half of this year, the Gabor brand raised its sales by 3.2 percent to €189 million, but those of the licensed Camel Active line ...
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News briefs
Phoenix Footwear saw sales increase by 4.5 percent to $4.2...
Phoenix Footwear saw sales increase by 4.5 percent to $4.2 million in the second quarter to July 2. The increase was driven by growth in the company's e-commerce, independent, and internet-based channels of distribution. The net operating loss for the period of $539,000, a decrease of $112,000 as compared to ...
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News briefs
According to a survey conducted by Mirapodo, the German online...
According to a survey conducted by Mirapodo, the German online retailer, in cooperation with RC Research Consulting, a market research institute in Bielefeld, sneakers and booties are the most popular shoe models in Germany. The most popular shoe model for men is the sneaker. Particularly clients in Berlin, ...
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News briefs
German consumers spend on average more money for shoes than...
German consumers spend on average more money for shoes than those in any other European market. Marketmedia24, a market research institute based in Cologne, presented the latest figures in its “Schuhmode 2016” report, which is published every two years. In 2015, German consumers spent on average €247.47 per person for ...
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News briefs
U.K. online retail is expected to grow by 42 percent...
U.K. online retail is expected to grow by 42 percent from 2016 to 2021, driven by the strong growth of the clothing footwear market, which continues to dominate the online channel. According to Research and Markets' report “E-Retail in the UK 2016,” the clothing footwear sector ...
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News briefs
The good results of Alpargatas and Grendene reported in this...
The good results of Alpargatas and Grendene reported in this issue are attributed by some observers to the fact that Brazilian customers are looking for rubber sandals and other cheap shoes because of declining disposable income in the midst of economic and political uncertainty. A market research company, Iemi, has ...
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News briefs
Zalando has posted preliminary figures showing that its revenues in...
Zalando has posted preliminary figures showing that its revenues in the second quarter grew by between 24.0 and 26.0 percent over the year-ago quarter to €909-€924 million. The online fashion retailer expects to report adjusted earnings before interest and taxes (Ebit) of €68 to €88 million for the period - ...
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News briefs
The German-based GMS buying group reports a 19 percent increase...
The German-based GMS buying group reports a 19 percent increase in turnover to €167 million for the first half of this year, as compared to the first half of 2015, thanks mainly to expansion abroad. The number of affiliated retail members grew from 1,615 to 1,800 during the same period. ...
