News Briefs – Page 28
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News briefs
NPD Group has found that the penetration of online shopping...
NPD Group has found that the penetration of online shopping is greater for footwear than it is for clothing, at least in the U.S. Footwear is one of the top 10 categories bought on the internet. However, 25 percent of the customers who buy shoes online would rather shop ...
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The British Retail Council and KPMG have good news for...
The British Retail Council and KPMG have good news for the footwear industry in the U.K. It has held on to its position as the best-performing retail sector in the country, excluding food, for the second year. The groups looked at like-for-like sales in seven sectors: food and drink, footwear, ...
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In the first seven months of the year, investments in...
In the first seven months of the year, investments in Tunisia's leather and footwear industry rose by 372 percent to $25.7 million, according to the country's Agency for Promotion of Industry and Innovation. The figure got a big boost by a foreign investment of $18 million in a footwear plant ...
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Footwear exports from Turkey climbed by 20 percent in value...
Footwear exports from Turkey climbed by 20 percent in value in the first seven months of 2012, reaching $334.3 million. According to the Turkish Association of Shoe Designers, the country's footwear companies have improved their branding and design, leading to the increase. Islam Seker, the president of the association, said ...
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News briefs
India's commerce secretary, S.R. Rao, has reported that the country's...
India's commerce secretary, S.R. Rao, has reported that the country's exports of leathergoods grew by 29 percent in the 2011-12 fiscal year. However, the growth rate is expected to ease to about 20 percent for the fiscal year 2012-13, which ends next March. In the first 11 months of the ...
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News briefs
Zalando has reported a total turnover of €510 million for...
Zalando has reported a total turnover of €510 million for 2011, up sharply from the €150 million level reported for 2010. More than half of sales came from outside Germany and from oither products than shoes. The company did not comment on its results. A public document indicates that it ...
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News briefs
Gabor increased its sales, including revenues from its licenses, by...
Gabor increased its sales, including revenues from its licenses, by 5 percent to €188 million in the first half of 2012. About 5 million pairs of shoes were sold during the six-month period by Gabor under the brands Gabor, Camel Active, Snipe, Gabor Kids and Gabor Home in the first ...
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News briefs
Bata India posted net profit up by 29 percent to...
Bata India posted net profit up by 29 percent to 409.8 million rupees (€6.0m-$7.4m) in the second quarter ended June 30, with sales up by 18 percent to INR4.3 billion (€63.1m-$78.0m). The sales performance was boosted by the opening of 48 new stores in the quarter. In first half of ...
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News briefs
Pollini, the Italian footwear company owned by the Aeffe fashion...
Pollini, the Italian footwear company owned by the Aeffe fashion group, increased sales by 8.1 percent in the first half to €16.0 million from €14.8 million a year earlier. At constant currency rates, sales grew by 7.3 percent. Aeffe lifted its total sales by 1.4 percent to €121.6 million, while ...
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News briefs
Arezzo & Co., the leading shoe retailer in Brazil, reports...
Arezzo & Co., the leading shoe retailer in Brazil, reports a 31.0 percent increase in net revenues to 199.5 million reais (€79.4m-$98.3m) for the second quarter ended June 30. The Arezzo brand grew by 23.4 percent and the Schutz brand by 62.7 percent. On a same-store basis, sales improved by ...
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The Jones Group reported total revenues of $855 million for...
The Jones Group reported total revenues of $855 million for the second quarter, down from $887 million in the same period a year ago. The inclusion of Kurt Geiger for a full quarter helped to improve the group's gross margin by 1.8 percentage points to 38.2 percent, but the operating ...
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News briefs
Rocky Brands reported that its net income for the second...
Rocky Brands reported that its net income for the second quarter of 2012 was down to $0.2 million, compared with $2.3 million in the second quarter of 2011. Net sales declined by 15 percent to $44.4 million. According to the company, the earnings drop was due in large part to ...
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News briefs
The German shoe market grew by only 1 percent in...
The German shoe market grew by only 1 percent in May, compared with one year ago, according to the Institut für Handelsforschung, but considering price increases, it fell by 1 percent in real terms. This means that in the first five months of 2012, German shoe retailers saw their sales ...
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News briefs
Swedish shoe retailers suffered a drop of 18.2 percent in...
Swedish shoe retailers suffered a drop of 18.2 percent in their sales in April when compared with the same month last year, according to the HUI research institute. Subsequently, their sales increased by 6.9 percent in May and by 2.2 percent in June. When measuring the first six months ...
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News briefs
In the first five months of 2012, China's footwear exports...
In the first five months of 2012, China's footwear exports grew by 4 percent in volume to 4.14 billion pairs and by 8.6 percent in value to $15.5 billion, compared with the same period a year ago. At the same time, retailers and distributors imported 21.7 million pairs of shoes ...
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News briefs
Exports of footwear from Colombia increased by 7 percent between...
Exports of footwear from Colombia increased by 7 percent between January and April 2011, marking an important recovery for the sector. According to a report by Acicam, the country's shoe and leather industry association, the good performance arrives after exports went down by 19.23 percent in the same period of ...
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Salvatore Ferragamo continues to see major sales gains in China....
Salvatore Ferragamo continues to see major sales gains in China. However, Michele Norsa, chief executive of the company, has reportedly told journalists in Italy that the brand is experiencing these gains mainly in second- and third-tier cities. The global economic crisis is mainly affecting its sales in bigger cities such ...
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Antichi Pellettieri finished 2011 with a 30 percent drop in...
Antichi Pellettieri finished 2011 with a 30 percent drop in sales to €113.8 million, while Ebitda rose by 47 percent to €3.7 million. But the Ebit loss widened to €31.0 million from €3.0 million due to a €32.6 million write-down of intangible assets. The net loss increased to €41.0 million ...
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News briefs
The U.S. retailer Bakers Footwear reported a net loss of...
The U.S. retailer Bakers Footwear reported a net loss of $1.1 million for its fiscal first quarter ended April 28, compared with a net loss of $2.5 million in the same period of the previous year. The company reported net sales of $44.3 million for the quarter, down by 6 ...
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Despite the collapse of the toning footwear category, global sales...
Despite the collapse of the toning footwear category, global sales of branded athletic footwear jumped by 13.2 percent in terms of dollars to $41,655 million in 2011, driven by significant gains in emerging markets but also aided by robust growth in more developed markets. The growth rate was almost the ...
