News Briefs – Page 29
-
News briefs
For the first 11 months of the financial year –...
For the first 11 months of the financial year – April 2011 to February 2012 – the Council for Leather Exports of India reports that the industry had a 26.7 percent increase in export sales, reaching more than $4.5 billion. The biggest buyer of Indian leather products was Germany, which ...
-
News briefs
The China Leather Industry Association reports that footwear exports from...
The China Leather Industry Association reports that footwear exports from the country grew in the first five months of 2012, but more slowly than they have in previous years. By volume exports were up by 2.4 percent to 4.2 billion pairs of shoes; by value the rise was 4.1 percent ...
-
News briefs
Large-scale footwear manufacturers in China recorded an increase in production...
Large-scale footwear manufacturers in China recorded an increase in production of 7.3 percent for the first five months of 2012, compared with the same period in 2011. According to the China Leather Industry Association, the value of their production grew by 11 percent to $18.1 billion, compared with the January-May ...
-
News briefs
Researchers in Turkey reveal in a new study that local...
Researchers in Turkey reveal in a new study that local women there consider having seven-centimeter heels in their shoes as a classic look. Younger women among them, however, in the 25-40 year group, prefer higher heels, between 9 and 11 centimeters. According to Meltem Toker and Cicek Dalgic, who conducted ...
-
News briefs
The performance & lifestyle (PLG) division of Collective Brands, which...
The performance & lifestyle (PLG) division of Collective Brands, which is about to be taken over by Wolverine Worldwide, saw its total wholesale revenues increase by 8.3 percent to $230.2 million in the first quarter, with increases at Sperry Top-Sider and Stride Rite offsetting declines at Saucony and Keds in ...
-
News briefs
Crocs told analysts at the Piper Jaffray conference that it...
Crocs told analysts at the Piper Jaffray conference that it has installed a new management team in Europe to build up a more solid base for the brand in the region, where clogs still represent 70 percent of its business. Worldwide, the share of clogs has declined to 48 percent ...
-
News briefs
While Deckers Corporation has experienced better orders than expected for...
While Deckers Corporation has experienced better orders than expected for its products in the U.S., those from Europe have come below expectations, the management told analysts at the Piper Jaffray conference. An expected relief in sheepskin prices should be reflected in prices charged from next October on. The company is ...
-
News briefs
DSW is upgrading the outlook for the full financial year...
DSW is upgrading the outlook for the full financial year after posting a 10.9 percent sales increase to $558.6 million for the first quarter ended April 30, with 7.6 percent growth on a comparable store basis. The expanding American shoe retail chain is now predicting a same-store increase of between ...
-
News briefs
Another U.S. shoe retailer, Shoe Carnival, thanks the warm weather...
Another U.S. shoe retailer, Shoe Carnival, thanks the warm weather in February and March for a 7.3 percent increase in same-store sales during its first quarter, driven by sandals, canvas casuals and boat shoes. Traffic in its stores rose by 5.4 percent. The result was a 12.2 percent overall sales ...
-
News briefs
Spartoo, the online shoe retailer based in Grenoble with a...
Spartoo, the online shoe retailer based in Grenoble with a presence in 20 European countries, has undertaken an interesting exercise: coming up with profiles of customers based on the country where they live. Based on sales information, Spartoo notes that French customers buy 5.7 pairs of shoes per year, but ...
-
News briefs
Although total sales of shoes in France fell by 3.3...
Although total sales of shoes in France fell by 3.3 percent for the first four months of 2012 compared with last year, distance sellers and supermarkets/hypermarkets actually experienced growth of 22.5 percent and 7.2 percent, respectively. On the other hand, specialty shoe retail chains and independents suffered declines of 8.9 ...
-
News briefs
The Institut für Handelsforschung in Cologne has calculated that German...
The Institut für Handelsforschung in Cologne has calculated that German specialty shoe retailers enjoyed a sales increase of 10 percent for the first three months of this year, or 8 percent more at constant prices. This came after a further nominal increase of 13 percent in March as compared to ...
-
News briefs
The German shoe market grew by just 0.5 percent to...
The German shoe market grew by just 0.5 percent to €9.2 billion in 2011, but while the specialist shoe trade fell by 1.5 percent, sales over the internet rose by a whopping 54.5 percent to an estimated level of €900 million, according to independent research by IFH Retail Consultants. Retailers ...
-
News briefs
The Italian shoe company Pollini increased sales in the first...
The Italian shoe company Pollini increased sales in the first quarter to €8.7 million from €8.3 million a year earlier. Aeffe, the Italian fashion group that owns Pollini, lifted sales by 3.6 percent to €74.5 million, while sales of its footwear and leathergoods division rose by 18.9 percent to €20.4 ...
-
News briefs
R.G. Barry has reported a 24.9 percent jump in its...
R.G. Barry has reported a 24.9 percent jump in its turnover to $25.1 million for the third quarter ended March 31. The gross margin rose by 5.2 percentage points to 44.6 percent in the period, leading the American company to record a net profit of $834,000, compared with break-even results ...
-
News briefs
Phoenix Footwear turned around to a net profit of $261,000...
Phoenix Footwear turned around to a net profit of $261,000 in the first quarter of 2012 from a loss of $436,000 in the year-ago period as its sales jumped by 18.4 percent to $5.7 million, lifted by an increase of more than 45 percent in its SoftWalk brand. Nevertheless, the ...
-
News briefs
Esprit reported a 7.8 percent decline in group turnover for...
Esprit reported a 7.8 percent decline in group turnover for the three months ended on March 31, but comparable store sales improved by 0.5 percent, with growth of 2.8 percent in Europe, signaling a turnaround. A further positive factor was the complete shutdown of its loss-making retail operations in North ...
-
News briefs
Mephisto is looking back at the first year in business...
Mephisto is looking back at the first year in business of its flagship store in New York, and reports that it exceeded sales projections by 37 percent. Sales have grown every month since the store opened in Trump Plaza on Third Avenue. This was echoed by the success of two ...
-
News briefs
French retailers saw their sales of shoes increase by 4.2%...
French retailers saw their sales of shoes increase by 4.2% in the first three months of 2012, driven by increases of 6.4 percent in mass market shoe retail chains, 11.2 percent in clothing specialty chains and 16.0 percent in hypermarkets and supermarkets. Independent shoe retailers raised their sales by only ...
-
News briefs
Seasonally adjusted shoe store sales in the U.S. reached a...
Seasonally adjusted shoe store sales in the U.S. reached a near-record of $2,411 million in March, up 7.9 percent from the same month a year ago, according to Footwear Distributors & Retailers of America (FDRA), an organization that federates retailers accounting for an estimated 80 percent of the market. It ...
