News Briefs – Page 17
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News briefs
German shoe retailers suffered nominal decreases of 7 percent during...
German shoe retailers suffered nominal decreases of 7 percent during the month of March as well as for the first three months of this year, according to the Institut für Handelsforschung. In real terms, excluding inflation, the drop amounted to almost 9 percent in March and 8 percent for the ...
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China's shoe exports continued to rise strongly last year. According...
China's shoe exports continued to rise strongly last year. According to Apiccaps, author of the World Footwear Handbook, they increased by 11.8 percent in 2014, reaching $53.8 billion. Exports to the U.S. went up by 4.6 percent to $13.7 billion, representing 26 percent of the total. The Russian Federation, Japan ...
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Shoe exports from Brazil suffered big drops of 30.2 percent...
Shoe exports from Brazil suffered big drops of 30.2 percent in volume and 24.8 percent in value during the month of April, reversing a positive trend observed in the first few months of the year. As a result, exports of 39.2 million pairs in the first four months of 2015 ...
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Aided by higher sales of clothing and a 43 percent...
Aided by higher sales of clothing and a 43 percent boost in online sales, which came to represent 13 percent of the turnover, LK Bennett booked a 4.4 percent increase in total revenues to £95.3 million (€133.3m-$146.7m) for the financial year ended last Aug. 2. Adjusted net earnings remained flat ...
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News briefs
GMS, the young German buying group, says its revenues grew...
GMS, the young German buying group, says its revenues grew by more than 25 percent in the first quarter to €77.7 million. About half of the growth was due to an increase in the number of retailers serviced by the company to a total of around 1,400.
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News briefs
Vicini, the Italian shoe company headed up by Giuseppe Zanotti,...
Vicini, the Italian shoe company headed up by Giuseppe Zanotti, reports a strong sales increase of 36 percent to €156 million in 2014. The strongest growth took place in the men's footwear segment, which rose from 27 to 38 percent of the turnover, and in the U.S. market, which had ...
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News briefs
Basicnet, the Italian company that owns Superga, has reported a...
Basicnet, the Italian company that owns Superga, has reported a further strong increase in the brand's sales. Directly and through its licensees, Superga's sales jumped by 67 percent to €43.5 million in the first quarter of this year, thanks in part to new licenses. They had already risen last year ...
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News briefs
Shoe Zone has warned investors that it will report lower...
Shoe Zone has warned investors that it will report lower sales and profits for the six months ended April 4, due to the mild weather in the autumn. Volumes increased as average prices went down, the British discount retailer said, giving as an example women's preferences for lower-prices ankle boots ...
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Outperforming analysts' estimates, Rocky Brands has reported a net profit...
Outperforming analysts' estimates, Rocky Brands has reported a net profit of $1.4 million for its first quarter, double the level of the year-earlier period. However, revenues declined to $65.5 million from $65.8 million, despite a 30 percent increase for the Durango brand of shoes. The management feels that the drop ...
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News briefs
The growth in Chinese footwear consumption slowed down last year...
The growth in Chinese footwear consumption slowed down last year to 10.9 percent from 11.6 percent in 2013, according to the China Leather Industry Association (CLIA). It grew from 3.7 to more than 4 billion pairs, or nearly three pairs per capita and per year, with the strongest growth taking ...
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News briefs
Aeffe, parent company of Pollini and other brands, has reported...
Aeffe, parent company of Pollini and other brands, has reported a financial turnaround. It made a net profit of €4 million in 2014 compared with a loss of €1.9 million in the previous year. While the total turnover remain relatively stable at €251.1 million, the group's operating earnings before alortization ...
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News briefs
Santoni reports a jump of about 20 percent in its...
Santoni reports a jump of about 20 percent in its turnover to €65 million in 2014, doing better than it had expected for the year. The rise was largely attributed to the growing demand for its 10-year-old women's collection, which has come to represent 30 percent of sales. The Italian ...
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News briefs
Stonefly is again on a positive course, following a major...
Stonefly is again on a positive course, following a major clean-up of the distribution and the introduction of new products under the Blusoft and Second Skin names, especially in the women's segment. Sales increased by between 2 and 3 percent last year, with particularly strong growth in Italy and Spain. ...
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News briefs
Yoox made a net profit of €13.8 million in 2014,...
Yoox made a net profit of €13.8 million in 2014, or 9.4 percent better than the previous year. Operating earnings before amortization (Ebitda) grew by 13.4 percent to €48.8 million. The company had previously reported a turnover of €524.3 million for the past year, 15.1 percent higher than in 2013, ...
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News briefs
The deflationary process is still going on in the U.K.,...
The deflationary process is still going on in the U.K., due to lower prices for commodities such as cotton and fierce competition in the market. According to the British Retail Consortium, prices for shoes and clothing were down by 6.8 percent in January and by 7.8 percent in February as ...
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News briefs
A presentation by the French Leather Council (CNC) at the...
A presentation by the French Leather Council (CNC) at the Première Vision Leather fair in Paris revealed that China kept the export leadership last year in the overall leather sector, with a global market share of 40.9 percent, followed by Italy (11.1%), Vietnam (6.8%), France (4.0%) and India (3.2%). It ...
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News briefs
Labor costs in China are expected to rise by 12...
Labor costs in China are expected to rise by 12 percent annually in the period from 2013 to 2020. According to The Economist Intelligence Unit (EIU), part of the Economist publishing group, manufacturing labor costs in China will continue to increase sharply on an annual basis, although they will do ...
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News briefs
Aeffe has reported essentially flat revenues of €251.1 million for...
Aeffe has reported essentially flat revenues of €251.1 million for 2014, up by only 0.2 percent, but its footwear and leathergoods operations, which include Pollini, recorded growth of 19.5 percent. The total turnover, which also includes fashion brands such as Alberta Ferretti, Emanuel Ungaro and Moschino, would have increased by ...
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News briefs
Yoox posted a 15 percent increase in revenues to €524...
Yoox posted a 15 percent increase in revenues to €524 million last year. More than half of the revenues came from Europe, with Italy alone generating €86.1 million. Sales in North America were worth €115.2 million. The biggest growth, however, came from the “Other countries,” which registered an increase of ...
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News briefs
GMS, the German buying group that has expanded to the...
GMS, the German buying group that has expanded to the Netherlands, Belgium, Austria, Italy and France, increased the group's turnover by 25 percent to €239 million in 2014, as compared to the previous business year. The number of clients rose by 243 with 269 points of sale in 2014. The ...
