News Briefs – Page 19
-
News briefs
Portugal's shoe exports increased by 9 percent to €1,461.5 million...
Portugal's shoe exports increased by 9 percent to €1,461.5 million in the first nine months of this year, according to the latest figures compiled by Apiccaps, the country's footwear industry association. Strong growth was recorded in Saudi Arabia (+159%), the U.S. (+65%), Hong Kong (+59%) and China (+47%).
-
News briefs
In a preliminary statement, Shoe Zone stated that its earnings...
In a preliminary statement, Shoe Zone stated that its earnings will be in line with investors' expectations for the financial year ended on Oct. 4, but at £8.5 million (€10.8m-$13.7m), the net cash position at year-end was significantly higher than the market has expected. As planned, sales were down to ...
-
News briefs
Hunter Boot saw its turnover increase by 9.8 percent last...
Hunter Boot saw its turnover increase by 9.8 percent last year to £81.7 million (€104.25m-$130.46m), as its wellies proved popular both in the U.K. and overseas. The British retailer reported profit on ordinary activities before tax up 7.4 percent to £14.6 million (€18.63m-$23.31m) in the year to Dec. 31, 2013. Online ...
-
News briefs
Deckers Brands reported a 24.2 percent sales increase to $480.3...
Deckers Brands reported a 24.2 percent sales increase to $480.3 million for the second quarter ended Sept. 30. Net profits rose by 23.2 percent to $40.7 million. The sales increase was led by Ugg, whose sales went up by 23.8 percent to $417.1 million (more on the results of this ...
-
News briefs
In a preliminary statement, Steve Madden has warned investors that...
In a preliminary statement, Steve Madden has warned investors that it stands to report a 0.7 percent drop in total sales to $392.0 million, mainly due to weaker than expected performance at the company's retail stores, whose sales went down by 7.4 percent on a comparable store basis. The continued ...
-
News briefs
Esprit has reported a financial turnaround. The Hong Kong-based company...
Esprit has reported a financial turnaround. The Hong Kong-based company booked an operating profit equivalent to €37 million for the financial year ended June 30, resulting in a net profit equivalent to €21 million for the year against a loss of €440 million the year before. Sales fell by 6.5 ...
-
News briefs
Sabu Schu & Marketing had a 9 percent increase in...
Sabu Schu & Marketing had a 9 percent increase in centralized settlements to €304.5 million in the first nine months of this year compared to the same period a year ago. Total sales in the third quarter showed a 2 percent increase as compared to the same quarter of last ...
-
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 28.9 percent to €203 million in the third quarter of this year, as compared to the third quarter of 2013. GMS remains optimistic and expects an increase in centralized ...
-
News briefs
The German shoe retail sector recorded an average sales decline...
The German shoe retail sector recorded an average sales decline of 9.7 percent in September, as compared to September last year, when it recorded an increase of 3.6 percent. The development was mostly due to unusually high temperatures around 20 degrees
-
News briefs
Our annual Brown Shoe Charts, which give you the ranking...
Our annual Brown Shoe Charts, which give you the ranking of the top international footwear companies in the lifestyle casual and fashion casual segments, are almost finalized. We are now only expecting a couple of important figures and shall run these much expected charts in the next issue of Shoe ...
-
News briefs
CCC Shoes & Bags, the leading Polish-based shoe retailer, is...
CCC Shoes & Bags, the leading Polish-based shoe retailer, is projecting a sales increase of 30 percent for this year after posting a sales increase of 33.0 percent to 855.9 million zlotys (€202.93m-$266.85m) for the first half of 2014, although the growth was limited to 17.7 percent in the second quarter. ...
-
News briefs
Dr. Martens, which was acquired last year by Permira, posted...
Dr. Martens, which was acquired last year by Permira, posted a 30 percent increase in revenues to £209 million (€263.38m-$341.05m) for the financial year ended last March 31. Net earnings grew by 33 percent to £33.9 million (€42.72m-$55.33). The number of Dr. Martens stores around the world went up from 13 ...
-
News briefs
Stonefly reports sales increases of 20 percent in Italy and...
Stonefly reports sales increases of 20 percent in Italy and 10 percent abroad for the first half of this year, , after a drop of 5 percent for all of 2013. The management attributes the turnaround to a better, rejuvenated collection of women's shoes, with its Blu Soft and Second ...
-
News briefs
Gerli, the German company that owns the Dockers brand for...
Gerli, the German company that owns the Dockers brand for shoes in Europe, began to recover last year with a sales increase of 2.4 percent is targeting a further increase of between 5 and 10 percent of this year, despite flat results in the first half, because of the orders ...
-
News briefs
Shares in Asos plunged by 14 percent yesterday after yet...
Shares in Asos plunged by 14 percent yesterday after yet another profit warning by Asos, the international U.K.-based fashion retailer, and this has triggered a drop of 6.5 percent in the share value of Yoox. Asos' management said its profits should remain flat this year. It indicated that they may ...
-
News briefs
Pacific Brands has reported an operating loss of 22.3 million...
Pacific Brands has reported an operating loss of 22.3 million Australian dollars (€15.54m-$19.97m) on 8 percent lower revenues of A$204.5 million (€142.56m-$183.08m) for the financial year ended June 30. The sales decline was partly due to the non-renewal of the Diesel license, which represented 2 percent of sales. The Australian company ...
-
News briefs
Mintel estimates that online sales of clothing and footwear are...
Mintel estimates that online sales of clothing and footwear are expected to grow in the U.K. this year by 14.5 percent from last year's record level of £10 billion (€12.51bn-$16.28bn), representing 17 percent of total purchases of these items compared with 13 percent three years ago. Clothing and footwear are ...
-
News briefs
Russian and Japanese visitors spent less in Europe during the...
Russian and Japanese visitors spent less in Europe during the first half of 2014 as compared to the same period a year ago, according to Global Blue, the leading tax-free shopping operator, but Chinese spending continued to go up. Russians spent 7 percent less in France and the rate of ...
-
News briefs
Complementing the financial information given last month in connection with...
Complementing the financial information given last month in connection with its refinancing, Macintosh Retail Group reported a net loss of €31.2 million for the first half of this year, compared with a loss of €17.3 million in the year-ago period. Operating losses (Ebit) increased to €27.5 million from €15.3 million, ...
-
News briefs
Vicini, the holding company of Giuseppe Zanotti, experienced a 43...
Vicini, the holding company of Giuseppe Zanotti, experienced a 43 percent sales increase to €115.3 million in 2013. Earnings before amortization (Ebitda) jumped by 135 percent to €21.9 million, and net earnings soared by 126 percent to almost €12 million. The main growth factors were the introduction of a men's ...
