News Briefs – Page 16
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News briefs
Gabor Shoes reports a 2.4 percent increase to €210.5 million...
Gabor Shoes reports a 2.4 percent increase to €210.5 million for the first half of 2015, including the wholesale-equivalent sales of its licensees, but the company expects a more difficult second half of the year because of lower orders of long boots and a weak business in Russia. In the ...
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Distributing 1.8 million pairs of shoes in Germany and more...
Distributing 1.8 million pairs of shoes in Germany and more than 60 other countries, Lloyd made a record consolidated turnover of €139 million in 2014, slightly more than €134 million in the previous year, with 71 percent of the production sold in its domestic market. Reportedly, reorders were particularly good. ...
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News briefs
Timberland's sales grew by 10 percent in the second quarter...
Timberland's sales grew by 10 percent in the second quarter on a constant-currency basis, with increases of more than 15 percent in Europe and more than 5 percent in Asia-Pacific, but the strength of the dollar reduced the growth rate to two percent in reported terms. Vans, another brand that ...
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News briefs
The management of Steven Madden predicts that its sales will...
The management of Steven Madden predicts that its sales will grow this year by betweeb 7 and 9 percent after a second quarter in which they went up by 9.4 percent to $323.6 million. Wholesale revenues increased by 6.8 percent, while retail revenues jumped by 24 percent, with an increase ...
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News briefs
Rocky Brands saw its net earnings grow by 30 percent...
Rocky Brands saw its net earnings grow by 30 percent to $2.0 million in the second quarter ended June 30, although sales dropped slightly to $68.6 million from $68.8 million in the year-ago period, due to one-time events such as the non-repetition of a seeding event with a major retailer. ...
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News briefs
Yue Yuen Industrial, the leading footwear maker, reports that its...
Yue Yuen Industrial, the leading footwear maker, reports that its consolidated operating revenues for June 2015 amounted to $752,391, which was an increase of 4.7 percent compared with the same month last year. For the first six months of the year, this revenue reached $4,248.2 million, up by 7.4 percent ...
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News briefs
After declining every single month since the beginning of the...
After declining every single month since the beginning of the year, the German footwear market recorded a small, nominal 3 percent increase in May, according to the monthly surveys of retailers conducted by the Institut für Handelsforschung.
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News briefs
Counterfeits are worth nearly 10 percent of the shoes, clothes...
Counterfeits are worth nearly 10 percent of the shoes, clothes and accessories sold in the European Union (EU), according to a study by the EU's Office for Harmonization in the Internal Market which was released on July 21. Many of the world's top fashion houses are located in Europe and ...
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News briefs
Quick Schuh, the low-cost German group of franchised stores run...
Quick Schuh, the low-cost German group of franchised stores run by ANWR, made a profit of €198,000 last year, up by 43 percent from 2013, on 3.4 percent higher revenues of €11.9 million. The franchisees' sales grew by 1.0 percent to €162.9 million. On a same-store basis, their sales increased ...
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News briefs
Skechers told the recent Citigroup investor conference that it expects...
Skechers told the recent Citigroup investor conference that it expects its sales in China to reach $150 million this year and is targeting an annual turnover of $500 million in the next four to five years. The management indicated that some major franchising agreements are in the works. It sees ...
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News briefs
Some of the latest numbers from the NPD Group about...
Some of the latest numbers from the NPD Group about shares in the U.S. athletic footwear market indicate that Skechers has over taken Adidas as the second-largest sports footwear brand for the quarter ended in March. As reported by The Wall Street Journal, the NPD Group puts Skechers' market share ...
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News briefs
Brazilian shoe exports remained below the 2014 levels in the...
Brazilian shoe exports remained below the 2014 levels in the first months of 2014, declining by 12.2 percent to $385.4 million. They showed year-on-year decreases every month except in March. The export flow abated in the three major destinations - the U.S., France and Argentina - but rose by 16.5 ...
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India exported $933.8 million worth of leather shoes in the...
India exported $933.8 million worth of leather shoes in the ten months ended last January, according to the country's Council for Leather Exports, representing an increase of 16.3 percent from the same period a year earlier. Together, sales abroad of leather and leather products grew by 13.4 percent to $5,549.4 ...
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News briefs
Shoe exports from Vietnam jumped by 19.5 percent in the...
Shoe exports from Vietnam jumped by 19.5 percent in the first five months of 2015, reaching a level of more than $4.6 billion. According to a survey conducted by the country's General Statistics Office, 55.7 percent of the shoe manufacturers in the country found new export clients during the second ...
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News briefs
Rocket Internet, which went public last October, is preparing a...
Rocket Internet, which went public last October, is preparing a similar IPO for the Global Fashion Group (GFG), an entity it created last year to bundle its major e-commerce operations outside Europe, according to the German Manager magazine. GFG's fast-growing clones of Zalando continued to generate losses in 2014, but ...
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Sales increased by 10 percent last year for Sarenza, reaching...
Sales increased by 10 percent last year for Sarenza, reaching €165 million. The French-based shoe e-tailer predicts that its sales will rise this year more than 25 percent. It sees France's share declining to 60 percent of the turnover in 2015 from 75 percent last year. Since its creation in ...
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News briefs
CCC raised its sales by 20.1 percent to the equivalent...
CCC raised its sales by 20.1 percent to the equivalent of €106 million in the first quarter of 2015, but the fast-growing Polish shoe retailer is targeting 40 percent growth for the full year. The gross margin declined to 51.6 percent from 52.3 percent in the year-ago period, but the ...
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News briefs
Phoenix Footwear Group, the parent of Trotters and SoftWalk, reported...
Phoenix Footwear Group, the parent of Trotters and SoftWalk, reported a 16.7 percent sales growth to $6.7 million for the first quarter ended April 4, as compared to the first quarter a year ago. Growth was driven by a 143 percent jump in the sales of licensed footwear sold into ...
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News briefs
The shoe and leathergoods segment of Aeffe, which includes Pollini,...
The shoe and leathergoods segment of Aeffe, which includes Pollini, boosted its sales by 23.7 percent to €24.5 million in the first quarter of this year, generating an operating margin before amortization (Ebitda) of 16.7 percent, up sharply from 5.7 percent in the year-ago period. This helped the Italian fashion ...
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News briefs
Esprit has sent out a new profit warning, indicating that...
Esprit has sent out a new profit warning, indicating that it will likely report significant losses for the financial year ending June 30, due in large part to aggressive discounting in Europe to clear excess inventories through January, store closures and the reorganization of the company's business in China. In ...
