News Briefs – Page 24
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News briefs
Daphne International Holdings, one of the largest shoe retailing groups...
Daphne International Holdings, one of the largest shoe retailing groups in China, has warned that first half profits would suffer a “meaningful decline,” as second-quarter sales on a same-store basis shrank by 13.7 percent from a year earlier, fueling a 9.2 percent decline in same-store revenues for the entire first ...
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Gabor Shoes increased sales by 9 percent to €205 million...
Gabor Shoes increased sales by 9 percent to €205 million in the first half of this year, as compared to the same period of 2012. This figure includes the licensees' sales. Growth of 12.2 percent to €172.5 million was achieved by the company's core Gabor brand of shoes. Camel Active ...
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Retailers of clothing and footwear benefited the most from the...
Retailers of clothing and footwear benefited the most from the return of warm weather in the U.K. during the month of June, according to the British Retail Consortium. Some of the retailers brought forward the summer clearance sales to lighten their inventories. Shoe shoppers showed some price sensitivity, especially in ...
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News briefs
The global athletic shoe market is expected to rise at...
The global athletic shoe market is expected to rise at a compound annual average growth rate of 1.8 percent between 2011 and 2018, according to Transparency Market Research, reaching a level of $84.4 billion at retail at the end of the period. That is roughly twice the size of the ...
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News briefs
Traditional German shoe retailers enjoyed a sales increase in real...
Traditional German shoe retailers enjoyed a sales increase in real terms of 18 percent in April year-on-year, followed by a 6 percent decline in May, according to the Institut für Handelsforschung in Cologne. As a result, shoe retail sales for the first five months of 2012 were down by 7 ...
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News briefs
Spartoo, the French online shoe shop, has drawn a portrait...
Spartoo, the French online shoe shop, has drawn a portrait of its European women clients for the second consecutive year. The result is a diversified range of tastes and habits across the continent. French women tend to like classic footwear and ballerinas, with a preference for bright colors like red, ...
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News briefs
Retail sales of shoes fell in France by 5 percent...
Retail sales of shoes fell in France by 5 percent in the first four months of this, according to the Institut Français de la Mode, although this doesn't include footwear sold over the internet. Specialty stores and hypermarkets suffered the biggest drops, going down in this category by 9.5 percent ...
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News briefs
Due to floods in the southern and eastern parts of...
Due to floods in the southern and eastern parts of Germany, only 63 retail members and 19 delegates of Sabu Schuh & Marketing came to the 61st general assembly of the German buying group on June 8. Sabu recorded an annual surplus of €2.45 million in 2012. As expected after a record ...
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News briefs
Aeffe, the parent company of Pollini, Moschino and Alberta Ferretti,...
Aeffe, the parent company of Pollini, Moschino and Alberta Ferretti, reports a 6.1 percent increase in net income to €2 million for the first quarter, despite a 0.6 percent decline in revenues to €73 million and a lower operating profit (Ebitda) of €9.5 million. Geographically, sales fell by 2.1 percent ...
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News briefs
Esprit has issued a profit warning after disappointing results in...
Esprit has issued a profit warning after disappointing results in their third quarter. Sales fell by 7.9 percent to 6.7 billion Hong Kong dollars (€672.4m-$863.1m) in the quarter ended March 31, with retail revenues down 7.1 percent and wholesale revenues declining by 8.8 percent. The Hong Kong-based fashion firm says that one-off ...
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News briefs
Defying what it described as volatile market conditions, Bata India...
Defying what it described as volatile market conditions, Bata India has seen its net profit rise to INR38.46 billion (€532.7m-$687.1m) over the quarter ended March 31, representing a 6.8 percent increase against the same period of last year, driven by store openings and improved merchandise. Sales were up by 11.9 percent ...
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News briefs
Sequential Brands recorded a loss of $21.5 million for the...
Sequential Brands recorded a loss of $21.5 million for the first quarter ended March 31, largely due to one-off charges related to its acquisitions of Heelys, Ellen Tracy and Caribbean Joe, which compares to a $400,000 loss in the same period last year. Excluding costs related to the acquisitions and ...
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News briefs
A study by Prometeia, commissioned by the Italian industry federation,...
A study by Prometeia, commissioned by the Italian industry federation, Confindustria, sees the highest growth prospects for Italian footwear in the Middle East and North Africa for the next five years. Its exports to the region are expected to increase by 58.9 percent until 2018, compared with an increase of ...
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News briefs
Feng Tay's shoe production increased by 6.2 percent to 15.5...
Feng Tay's shoe production increased by 6.2 percent to 15.5 million in the first three months of this year, and it rose by an additional 4.2 percent in April, compared with the same periods a year ago. The Taiwan-based shoemaker saw its turnover rise by 3.5 percent to 36.8 billion ...
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News briefs
German shoe retailers saw their sales collaps by 29 percent...
German shoe retailers saw their sales collaps by 29 percent in March as compared with the very good same month of last year, according to the monthly census of the physical shoe stores conducted by the Institut für Handelsforschung. This contributed to reduce their sales for the first three months ...
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News briefs
Zalando has launched its first TV commercial spot for men...
Zalando has launched its first TV commercial spot for men in Germany and Switzerland. The new initiative comes after an international survey that showed more than 70 percent of men enjoy shopping in Germany and France, but 30 percent wait for promotions to buy clothing or shoes in Germany, and ...
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News briefs
The “made in Spain” label is highly appreciated by national...
The “made in Spain” label is highly appreciated by national consumers. A survey of the Spanish population conducted by Opinea shows that 78 percent of them are willing to spend more for a product made in the country. Among those, half would spend 5 percent more and one-third 10 percent ...
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News briefs
Bain & Company expects the global luxury goods market to...
Bain & Company expects the global luxury goods market to increase by between 4 and 5 percent this year to €222 million, after increases of 10 percent in euros and 5 percent in local currencies last year. Leathergoods, shoes and other accessories should grow by 7 percent, similarly for watches ...
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News briefs
The Brazilian shoe industry hopes that it will finally recover...
The Brazilian shoe industry hopes that it will finally recover in export markets, as its foreign sales grew by 21 percent to 10.18 million pairs worth US$88.14 million in April as compared to the same month one year ago, after many months of declining exports. This brings the total volume ...
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News briefs
Sabu recorded an increase in the amount of its centralized...
Sabu recorded an increase in the amount of its centralized settlements of 3.5 percent in the first quarter of 2013, as compared to the same period of the previous year. They reached a level of €117.7 million in the quarter, but the German buying group recorded a two-digit drop in its ...
