News Briefs – Page 20
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News briefs
Aeffe is recovering its profitability. The parent company of Pollini,...
Aeffe is recovering its profitability. The parent company of Pollini, Alberta Ferretti, Moschino and Philosophy has reported a net profit of €150,000 for the first half of this year against a loss of €3.7 million in the year-ago period. Operating earnings before amortization (Ebitda) are up by 71 percent to ...
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News briefs
Pasito, the Swiss shoe retail chain formerly owned by Görtz,...
Pasito, the Swiss shoe retail chain formerly owned by Görtz, says it improved its results in the first half of this year after closing three stores. Sales grew by 2.7 percent on a same-store basis, thanks in part to the introduction of more accessories, leathergoods and women's clothing. The company, ...
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News briefs
Rockport's sales declined by 6 percent to €65 million in...
Rockport's sales declined by 6 percent to €65 million in the second quarter ended June 30, but were off by only one percent in local currencies. The brand, which belongs to the Adidas Group and is up for sale, saw its sales decline by 9 percent in euros and by ...
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News briefs
Steve Madden has reported relatively flat sales of $295.7 million...
Steve Madden has reported relatively flat sales of $295.7 million for the second quarter ended June 30. Due to higher promotional activity, the gross margin declined to 36.2 percent from 37.2 percent a year ago, and the operating margin fell to 13.6 percent from 15.3 percent. Net income dropped to ...
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News briefs
Strong growth for Bogs in North America and Florsheim in...
Strong growth for Bogs in North America and Florsheim in Australia were insufficient to prevent a 3.0 percent drop in total revenues to $62.9 million at Weyco Group for the second quarter ended June 30. Operating profit fell by 8 percent to $3.4 million, but net earnings were flat at ...
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News briefs
Softwaves, the shoe brand from Portugal, expects stable sales in...
Softwaves, the shoe brand from Portugal, expects stable sales in 2014. In the previous year, Softwaves managed to increase its sales by 15 percent to €6.5 million. The Portuguese shoe manufacturer recently started to export to Brazil. The number of employees working for the brand increased by 10 percent in ...
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News briefs
Retailing over the internet dropped for the first time in...
Retailing over the internet dropped for the first time in Germany across all product segments in the second quarter of 2014, according to the German E-Commerce and Mail Order Catalog Association (BEVH). It fell by 5.2 percent to €9.5 billion as compared to a very strong quarter a year ago. ...
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News briefs
Sales of footwear in the U.K. suffered the biggest monthly...
Sales of footwear in the U.K. suffered the biggest monthly year-on-year decline in 14 months during the month of July, according to the British Retail Consortium. Retailers attributed this to a lack of seasonal inventories, which had sold out during the end-of-season sales in June. Children's shoes performed better than ...
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News briefs
Daphne International says that its stores suffered a further decline...
Daphne International says that its stores suffered a further decline on a same-store basis in the second quarter ended June 30. They fell by 2.4 percent after a drop of 9.5 percent in the first quarter. Widepread flooding in China affect store traffic in May. The Chinese company reduced the ...
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News briefs
Together, the Nike group and the Adidas Group made up...
Together, the Nike group and the Adidas Group made up 57.9 percent of the global athletic footwear market in 2013, according to an annual study by one of our sister publications, Sporting Goods Intelligence Europe. While the Adidas Group remained slightly ahead of Nike Inc. in the sports apparel sector, ...
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News briefs
Leder & Schuh, parent company of Humanic, Stiefelkönig and other...
Leder & Schuh, parent company of Humanic, Stiefelkönig and other shoe retail chains, continued to make losses in the first half of this year. Without mentioning yet any figures, the management of the Austrian company said that they will show an improvement and that a financial turnaround is expected by ...
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News briefs
Shoe Zone, the British shoe retailer that went public on...
Shoe Zone, the British shoe retailer that went public on May 23, has reported a 16.2 percent drop in sales to £82.9 million (€104.82m-$141.76m) for the first half of its financial year, ended April 5. It attributed the drop to the closure during the 12 months ended last Oct. 6 of ...
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News briefs
Nike has reported a 15.8 percent sales increase for Converse...
Nike has reported a 15.8 percent sales increase for Converse to $410 million for the fourth quarter ended May 31, up by 16 percent on a currency-neutral basis. The operating profit (Ebit) generated by the brand went up by 5.6 percent during the period. For the full financial year, Converse ...
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News briefs
The RSB Bank, which is owned by the Sabu cooperative...
The RSB Bank, which is owned by the Sabu cooperative of shoe retailers in Germany, increased centralized settlements by 20 percent or €125 million to €716 million in 2013. The annual profit of the RSB Bank increased from €1.2 million to €1.4 million. For the cooperative itself, the annual profit ...
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News briefs
At the shareholders' general meeting on June 22, Quick Schuh...
At the shareholders' general meeting on June 22, Quick Schuh announced a slight decrease of 0.4 percent to €169.4 million in total sales from all the 350 Quick Schuh stores in Germany and Austria. Sales in Germany accounted for €154.5 million. On average, a Quick Schuh store is 289 sqm and has ...
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News briefs
Lloyd raised its sales in the first quarter of this...
Lloyd raised its sales in the first quarter of this year by 6.7 percent to €34.7 million, as compared to the same period of the previous year. In terms of volume, sales grew by 4.1 percent to 510,000 pairs. Lloyd experienced higher sales in Germany, while the international markets developed ...
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News briefs
Fly London expects to sell about one million pairs of...
Fly London expects to sell about one million pairs of shoes by the end of this year. In terms of value, this would represent an increase of 15 percent as compared to 2013, when the brand recorded total sales of €34 million. In the first half of this year, sales ...
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News briefs
Portugal's shoe exports grew by 10.1 percent to €481.3 million...
Portugal's shoe exports grew by 10.1 percent to €481.3 million in the first quarter of this year, thanks in part to higher prices. A big 64.0 percent increase was achieved in the Americas, but France, Germany and the Netherlands remained the biggest markets. Portuguese shoe exports to China went up ...
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News briefs
Like in April, retail sales of shoes continued to decline...
Like in April, retail sales of shoes continued to decline slightly in May in Germany, as compared to the same months of one year ago. They were down by 2 percent, according to the Institut für Handelsforschung, with a drop of 0.8 percent excluding inflation. In spite of this, German ...
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News briefs
In cooperation with the European Clearing Center, which exchanges data...
In cooperation with the European Clearing Center, which exchanges data and information between German shoe retailers, sales groups and the shoe manufacturers, Schuhkurier, the German trade magazine, published the market share of children's' shoe brands in Germany for spring/summer 2014. In the segment of children's shoes up to size 30 ...
