News Briefs – Page 30
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News briefs
India is the seventh-largest exporter of leather and leathergoods in...
India is the seventh-largest exporter of leather and leathergoods in the world, according to a study conducted by the country's Council for Leather Exports. It accounted for 2.79 percent of the global import trade in 2010. It ranks high in related segments as well: seventh for finished leather, ninth for ...
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Vietnam exported $33.4 billion worth of goods from January to...
Vietnam exported $33.4 billion worth of goods from January to April this year, according to the General Statistics Office of Vietnam, up from $26.9 billion in the same period in 2011. Leather footwear and products made up $2.4 billion of the total, up from $2.1 billion last year. Broken down ...
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Sabu reports an 11.5 percent increase in its retail members'...
Sabu reports an 11.5 percent increase in its retail members' sales for the first quarter. The centralized settlements of the German cooperative increased slightly over the period, but they are expected to decline in the second half of this year, based on preliminary orders so far.
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News briefs
In spite of tough market conditions, Macintosh Retail Group saw...
In spite of tough market conditions, Macintosh Retail Group saw its sales rise by 8.4 percent to €258.5 million in the period of this year ended last Apr. 21. In the fashion segment, sales grew by €26.2 million to €170.1 million, mainly because of the acquisition of Jones Bootmaker in ...
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Weyco Group's sales increased by 16 percent to $75 million...
Weyco Group's sales increased by 16 percent to $75 million in the first quarter, thanks in part to the acquisition of Combs and its Bogs brand in March 2011, which lifted its North American wholesale revenues to $56.6 million for the period. Stacy Adams and Nunn Bush performed well too, ...
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Analysts were reportedly disappointed by the figures reported by Kenneth...
Analysts were reportedly disappointed by the figures reported by Kenneth Cole Productions for the first quarter, as the U.S. company plans to go private. Its sales slipped to $116.8 million from $117.5 million a year earlier due to a 6.7 percent drop in retail sales to $31.0 million. Retail revenues ...
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News briefs
Rocky Brands reported a slight improvement its net profit to...
Rocky Brands reported a slight improvement its net profit to $0.5 million in the first quarter from $0.3 million in the same period a year ago as sales rose to $53.3 million from $52.3 million. Retail sales dropped to $10.5 million, but wholesale revenues grew by 6.5 percent to $42.4 ...
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News briefs
Portland-based LaCrosse Footwear has reported a sales increase of 32...
Portland-based LaCrosse Footwear has reported a sales increase of 32 percent to $33.3 million for the first three months of its financial year through March 31, thanks in part to four additional business days compared with last year's period. Net profit was around $0.6 million, compared with a net loss ...
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Bakers Footwear has reported a net profit of $3.4 million...
Bakers Footwear has reported a net profit of $3.4 million for the fourth quarter of its financial year, ended last Jan. 29, down by 34.6 percent from the level of one year earlier. The American shoe retailer's sales fell by 8 percent to $53.6 million, with a same-store decrease of ...
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News briefs
The Council for Leather Exports of India says that from...
The Council for Leather Exports of India says that from April to December 2011, which corresponds with the first nine months of its fiscal year, exports of leather and leathergoods grew by 31.1 percent to $3.6 billion. Finished leather exports totaled $776.7 million, leather footwear was worth $1.2 billion, footwear ...
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News briefs
There is some cautious optimism in the Spanish shoe industry....
There is some cautious optimism in the Spanish shoe industry. A survey conducted in January and February among the managers of 509 companies in the sector showed that 78 percent of them hope that their sales will remain stable or improve in the course of this year. Companies that work ...
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Superfit came out as the best brand of children's shoes...
Superfit came out as the best brand of children's shoes in a study recently conducted by an Austrian consumers' association, VKI, among orthopedic experts. The Austrian brand had already gotten recognition by 98.2 percent of the 342 children's doctors and orthpedists in Germany, Austria and Switzerland last year. About 3.8 ...
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LVMH grew more in the first quarter of 2012 than...
LVMH grew more in the first quarter of 2012 than in the last quarter of 2011, said Bernard Arnault, president and chief executive of the group, at its annual shareholders meeting a few days ago. He predicted a continued strong performance for the balance of the year, pointing to the ...
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News briefs
Rexor recorded an 11 percent increase in centralized settlements to...
Rexor recorded an 11 percent increase in centralized settlements to €183.7 million in 2011. They reached €86.7 million in Belgium, €68.6 million in Germany and €26.2 million in the Netherlands. The buying group's net revenues grew by 5.4 percent to €11 million. Retail members will receive half of the company's ...
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News briefs
Pittards saw its revenues go up by 6 percent to...
Pittards saw its revenues go up by 6 percent to £38.2 million (€46.3m-$60.7m) in 2011, but the operating profit remained stable at £2.7 million (€3.3m-$4.3m) because of the increased cost of materials. In particular, Pittards and other tanners with factories in Ethiopia rushed to buy and process as much material ...
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News briefs
Exports of leather products from Ethiopia rose by 64.7 percent...
Exports of leather products from Ethiopia rose by 64.7 percent last year to €71 million. The biggest boost came from the shipment abroad of about €46 million worth of crust before and after the government announced the imposition of a 150 percent tax on exports of this type of product, ...
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News briefs
The new year has started well for German shoe retailers....
The new year has started well for German shoe retailers. They enjoyed sales increases of 3 percent at current prices and 1 percent at constant prices during the month of February, as compared to one year ago, in spite of strong increases in the year-ago period. For the first two ...
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News briefs
According to the Cambodian Ministry of Commerce, the country's footwear...
According to the Cambodian Ministry of Commerce, the country's footwear industry managed to raise exports by 49 percent in value to $264 million in 2011. The most important customers were the U.S., Canada, Japan, and various Asian and European countries. Currently, there are 40 shoe factories in Cambodia that employ ...
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In comparison, neighboring Vietnam managed to increase its exports of...
In comparison, neighboring Vietnam managed to increase its exports of shoes and other leather products in the first three months of this year by 21.7 percent to $1.04 billion. For the full year 2012, Vietnam expects a 12 percent increase in exports to $7.3 billion. The Vietnamese shoe industry association, ...
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News briefs
The Council for Leather Exports in India says that in...
The Council for Leather Exports in India says that in the first nine months of the financial year (April-December 2011), the industry exported $3.6 billion worth of leather products, a 31.1 percent increase from the same period the year before. At constant currencies, the increase was 35.4 percent. Germany was ...
