News Briefs – Page 23
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News briefs
Vietnam exported $8.3 billion worth of footwear in 2013, 15...
Vietnam exported $8.3 billion worth of footwear in 2013, 15 percent more than in 2012, with a 19 percent increase year-on-year during the month of December. The U.S., the European Union, Japan and China were the biggest destinations. The EU is likely to import larger quantities of Vietnamese footwear due ...
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Kurt Geiger, the second-largest shoe retailer in the U.K., recorded...
Kurt Geiger, the second-largest shoe retailer in the U.K., recorded a 18 percent sales increase in the four weeks of the holiday season to Dec. 24 as compared to the same period last year. According to the retailer, a surge in the sale of boots was the main reason for ...
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A new rating agency has been created that focuses on...
A new rating agency has been created that focuses on luxury goods companies. De Luxe Rating, presented last Nov. 25 at the 12th “Sommet du Luxe” (Luxury Summit) in Paris as the first ever rating agency for the luxury sector in the world, has been jointly established by Centre du ...
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German shoe retailers' sales were up by 4 percent in...
German shoe retailers' sales were up by 4 percent in September as compared to the same month of the previous year, according to the Institut für Marktforschung. That means an increase of 3 percent in real terms. The progress translates into flat sales in absolute terms for the first nine ...
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Sabu Schuh & Marketing increased centralized settlements by 0.5 percent...
Sabu Schuh & Marketing increased centralized settlements by 0.5 percent to €280 million in the first nine months of this year, as compared to the same period of the previous year. Sabu has 900 affiliated shoe retailers, which recorded a slight increase in sales as compared to the third quarter ...
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The Dutch-based Macintosh Group, parent company of Brantano, Dolcis, Manfield,...
The Dutch-based Macintosh Group, parent company of Brantano, Dolcis, Manfield, Jones Bootmaker, Scapino and other shoe retail chains, has reported a drop in revenues for its Fashion division to €170.8 million during the third quarter from €187.5 million. The company attributed this in part to the exchange rate with pound ...
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German shoe retailers saw their sales increase by 1 percent...
German shoe retailers saw their sales increase by 1 percent in August as compared to the year before, but they fell by 2 percent in real terms, according to the Institut für Handelsforschung. With this, their sales have shown decreases of 1 percent in value and 3 percent in volume ...
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Vietnam's exports of leather and footwear are likely to reach...
Vietnam's exports of leather and footwear are likely to reach a record of at least $8.1 billion this year, according to Lefaso, the industry's trade association. They could even go beyond the level of $8.4 billion. In the first nine months of 2013, the industry's exports increased by 15.8 percent ...
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Indonesia's footwear exports are expected to reach $4 billion this...
Indonesia's footwear exports are expected to reach $4 billion this year, but Eddy Wiodjanarko, president of the Indonesian shoe industry association, is quoted as forecasting a possible 25 percent decline in 2014. He attributes the likely shortfall to lower demand from the U.S. and an erosion in the country's competitiveness ...
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After a decline that has lasted for nearly five years,...
After a decline that has lasted for nearly five years, the domestic demand for luxury products in Europe seems to be recovering. This is what emerges from a report by Exane-BNP Paribas, resulting from interviews with a series of managers of luxury brands during the last fashion week for the ...
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India's exports of leather shoes grew by 10 percent to...
India's exports of leather shoes grew by 10 percent to $617 million in the April-July period, as compared to the same period a year ago, according to India's Ministry of Commerce. Exports of footwear components rose at a faster rate of 30 percent to $110 million. Total exports of leather ...
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Crocs has lowered its guidance for sales and earnings in...
Crocs has lowered its guidance for sales and earnings in the third quarter ending Sept. 30 due to continued weakness in the Americas region, where at-once orders from wholesale customers and direct sales to consumers are both below prior expectations. However, the management points out that revenues and comparable store ...
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Nordstrom has lowered its full-year forecast, in spite of posting...
Nordstrom has lowered its full-year forecast, in spite of posting a double-digit profit increase in its second quarter, as it expects a drop in sales. Net earnings for the upscale U.S. fashion retailer were $184 million in the second quarter ended Aug. 3, 2013, compared with $156 million for the ...
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Phoenix Footwear saw net losses narrow in the second quarter...
Phoenix Footwear saw net losses narrow in the second quarter ended June 29, from a $470,000 during the second quarter of fiscal 2012 to $359,000 over the same quarter of fiscal 2013, as sales and product prices improved. Net sales from continuing operations for the California-based comfort shoe maker increased ...
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Pacific Brands of Australia returned to profit during the financial...
Pacific Brands of Australia returned to profit during the financial year ended June 30, recording net income of 73.8 million Australian dollars (€49.7m-$65.7m) against a loss in the previous year, despite a 3.7 percent decline in total sales to A$1.27 billion (€854.9m-$1,130.4m). On a comparable basis and excluding extraordinary items, net ...
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Sales of shoes over the internet doubled to an estimated...
Sales of shoes over the internet doubled to an estimated one billion euros in Germany during the second quarter of 2013, as compared to the same period one year ago, according to the German Distance Retailing Federation (BVH). Clothing remained the biggest retail item in the German e-commerce sector with ...
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Shoe sales in Belgium were generally positive in August, according...
Shoe sales in Belgium were generally positive in August, according to Shoes magazine, but with highly divergent results from one retailer to the other. Sales in the country rose by between 3.2 percent and 3.5 percent this past July compared with July 2012, but this was not enough to offset ...
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China's exports of leather shoes declined by 3 percent in...
China's exports of leather shoes declined by 3 percent in volume to 380 million pairs in the first half of this year, but their value inched up by 1.1 percent to $4.9 billion. Imports of leather shoes increased by 7.5 percent in volume to 10.3 million pairs, and they were ...
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News briefs
Sabu Schuh & Marketing increased the amount of centralized settlements...
Sabu Schuh & Marketing increased the amount of centralized settlements by 0.3 percent to €170 million in the first half of this year, as compared to the first half of 2012. Sabu has 900 affiliated retailers, which recorded a decrease in their sales by 2.5 percent on average. Due to ...
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News briefs
Deckers Outdoor Corporation has upgraded its sales forecast for the...
Deckers Outdoor Corporation has upgraded its sales forecast for the balance of this year, in spite of a 2.5 percent drop in second-quarter revenues to $170.1 million. It now expects full-year sales to increase by about 8 percent, with increases of 2.5 percent in the third quarter and 14.5 ...
