News Briefs – Page 15
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News briefs
India's exports of leather shoes fell by 4.7 percent to...
India's exports of leather shoes fell by 4.7 percent to the equivalent of $962.7 million in the five months from April through August 2015, says the country's Council for Leather Exports (CLE). Total foreign sales of leather and leather products declined by 7.6 percent to $2,653.6 million during the period, ...
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LVMH reports organic growth of 7 percent for the third...
LVMH reports organic growth of 7 percent for the third quarter ended June 30, but organic sales in its Fashion Leathergoods segment increased by only 3 percent, representing the worst performance within the group. The segment's sales had a booked an organic increase of 10 percent in the ...
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The Wortmann group's sales rose by only 0.3 percent to...
The Wortmann group's sales rose by only 0.3 percent to €1,016 million in the past financial year, ended on May 31. The export ratio grew slightly to 53.5 percent of the turnover, but while the company performed better in France, the Benelux countries and Poland, its sales declined slightly in ...
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News briefs
The management of Wolverine Worldwide told the Goldman Sachs Retail...
The management of Wolverine Worldwide told the Goldman Sachs Retail Conference last month that sales to international accounts have tripled to 21 percent of total sales volumes for its “Boston brands” - Saucony, Sperry, Stride Rite and Keds - since it added them to its portfolio three years ago. Wolverine, ...
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News briefs
CCILU, the up and coming shoe brand run by Killick...
CCILU, the up and coming shoe brand run by Killick Datta out of Singapore, is aiming to double its sales this year following new distribution agreements with LJP International in the U.S., Guangzhou Fashion in China, Akasaki Retail Private in India and French Fashion Group in Panama. The number of ...
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News briefs
Stokton, an Italian producer of sneakers, is projecting a sales...
Stokton, an Italian producer of sneakers, is projecting a sales increase this year of 10 percent to €11 million, driven by higher sales in the Benelux and German-speaking countries. About half of its turnover is already outside Italy.
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News briefs
German shoe retailers booked a nominal sales increase of 2...
German shoe retailers booked a nominal sales increase of 2 percent in July as compared to the same month a year ago, according to the Institut für Handelsforschung. The spring/summer season has been positive, but the year so far has been negative, showing a decline of one percent for the ...
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Vietnam's leather and footwear sector registered a 18.4 percent increase...
Vietnam's leather and footwear sector registered a 18.4 percent increase and earned $8.8 billion in export revenues in the first nine months of the year, according to Vietnam's Ministry of Planning and Investment. In that period the sector produced 241.9 million pairs of shoes, which represent an increase of 24.1 ...
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The Brits lead European rankings in online shopping. According to...
The Brits lead European rankings in online shopping. According to a new study by the UK Office of National Statistics, almost 80 percent of U.K. shoppers made a purchase online last year, more than any other country in the EU. Scandinavian countries registered similar figures, with 79 percent of the ...
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News briefs
The websites that do not load fast enough negatively affect...
The websites that do not load fast enough negatively affect brands. According to a new study in the U.K. by Rackspace, a cloud computing company, 83 percent of British consumers have declared that consistently slow or unavailable websites negatively affect their brand loyalty. The survey, which was conducted on 2,000 ...
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News briefs
Retail sales continued to drop in Hong Kong in August...
Retail sales continued to drop in Hong Kong in August for the sixth month in a row, as Chinese tourists sought other destinations. They fell by 5.4 percent on a year-on-year basis, including a drop of 12 percent for clothing and footwear. Total retail sales had declined by 2.9 percent ...
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Jimmy Choo reported a 2.8 percent increase in adjusted net...
Jimmy Choo reported a 2.8 percent increase in adjusted net income to £11.1 million (€15.3m-$17.1m) for the first half ended June 30. The gross margin improved by 1.4 percentage points to 62.7 percent as retail revenues grew by 10.3 percent in local currencies, with same-store sales up by 3.3 percent. ...
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News briefs
As previously reported, Hermès booked a sales increase of 21...
As previously reported, Hermès booked a sales increase of 21 percent to €2.3 billion for the first half of 2015, with growth of 20 percent in Japan and 7 percent in the rest of Asia, despite difficulties in Hong Kong and Macau. The French company has now added that its ...
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News briefs
Santoni has reported an increase of almost 12 percent in...
Santoni has reported an increase of almost 12 percent in its sales to €65 million in 2015, and the Italian shoe company is budgeting a turnover of €70 million for this year. About 20 percent of sales are generated in Italy, 25 percent in other European countries and 20 percent ...
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News briefs
Aeffe reported a 6.3 percent sales increase to €128.7 million...
Aeffe reported a 6.3 percent sales increase to €128.7 million for the first half of this year, up by 4.4 percent in constant currencies. Revenues from footwear and leathergoods, including the Pollini brand, jumped by 22 percent to €46 million and their operating margin before amortization (Ebitda) rose from 5 ...
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Lumberjack is predicting strong increases in turnover to €33 million...
Lumberjack is predicting strong increases in turnover to €33 million in 2015 and €40 million in 2016 as compared to the level of €25 million reached 2014, thanks in part to growing orders from outside Italy. Foreign sales are expected to rise to 22 percent of sales next year from ...
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News briefs
Basicnet reported a 42.1 percent increase to €74.1 million for...
Basicnet reported a 42.1 percent increase to €74.1 million for Superga in terms of wholesale-equivalent sales for the first half of this year. Part of the growth was due to new openings of mono-brand stores in numerous countries by its licensees, most recently in South Africa, China and England. The ...
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In the U.K. footwear sales outperformed clothing in July, according...
In the U.K. footwear sales outperformed clothing in July, according to the figures released by the British Retail Consortium and KPMG. Footwear sales were driven by warm temperatures at the beginning of the month followed by wetter and cooler weather at the end of the month, with sandals selling well ...
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News briefs
The turnover of Li & Fung declined by one percent...
The turnover of Li Fung declined by one percent to $8.63 billion in the first half, reflecting macroeconomic conditions. It remained flat in the U.S. and fell by 13 percent in Europe. It grew by 14 percent in Asia but dropped by 9 percent in the rest of ...
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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 €118 million for the first half of this year. The number of affiliated retail members grew from 1,445 to 1,615 during the period. Further growth is expected for the second half of this year, thanks especially to ...
