News Briefs – Page 33
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News briefs
Sarenza, the French online store for footwear, reports a 75...
Sarenza, the French online store for footwear, reports a 75 percent sales increase for the first nine months of this year. Its sales had reached €20 million in 2010.
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News briefs
Pollini increased sales by 15.0 percent to €25.3 million in...
Pollini increased sales by 15.0 percent to €25.3 million in the first nine months of the year. In the meantime, the shoemaker's parent company, Aeffe, booked a 14.0 percent increase in overall sales to €197.4 million. Sales of the ready-to-wear activity rose by 10.3 percent to €157.8 million and revenues ...
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News briefs
Zintala, the company managing the exclusive Silvano Lattanzi brand, expects...
Zintala, the company managing the exclusive Silvano Lattanzi brand, expects to increase its sales in Italy by nearly 30 percent to €4.5 million in 2011. An additional €7.5 million in turnover is expected to be generated abroad. In an interview with the daily Il Sole 24 Ore, the company's owner, ...
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News briefs
Sales rose by 24 percent in the first six months...
Sales rose by 24 percent in the first six months of the year on Milan's fashion street via Montenapoleone, according to the retailers' association Associazione della via Montenapoleone. It added that 80 percent of revenues were generated by foreigners. The association has introduced a card enabling non-EU residents to obtain ...
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News briefs
Phoenix Footwear Group turned around to a net profit of...
Phoenix Footwear Group turned around to a net profit of $73,000 in the third quarter ended Oct. 1 from a net loss of $1.1 million a year ago, as selling, general and administrative expenses were cut by 28 percent and gross margins improved by 12 percentage points to 38 percent ...
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News briefs
The Indian leather industry saw mixed results in the first...
The Indian leather industry saw mixed results in the first half of the 2011-12 fiscal year, April through September. Overall, exports grew by 4.9 percent to $1.8 billion for the six months. Looking at individual sectors, gains were recorded for leather footwear, up by 5.5 percent to $682.7 million; leather ...
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News briefs
Exports of hides and skins from Brazil rose by more...
Exports of hides and skins from Brazil rose by more than 20 percent in the first 10 months of 2011 compared with last year, up to $1.72 billion. By volume, the number dropped by 9 percent to 1.98 million hides.
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News briefs
Bata India enjoyed a 46.2 percent increase in pre-tax profit...
Bata India enjoyed a 46.2 percent increase in pre-tax profit to 450.3 million rupees (€6.6m-$9.2m) in the third quarter as sales rose by 26.8 percent to INR 3.69 billion (€54.5m-$75.1m). Predicting that this will be the most profitable year for the company, the management said the results stemmed from continued ...
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News briefs
Esprit has reported a 0.6 percent increase in revenues to...
Esprit has reported a 0.6 percent increase in revenues to 8.55 billion Hong Kong dollars (€0.8b-$1.1b) for the latest quarter, ended on Sept. 30, but in local currencies they fell by 8.2 percent. Revenues were almost equally split between the company's wholesale and retail operations. In local currencies, they ...
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News briefs
The acquisition of the Bogs brand last March helped to...
The acquisition of the Bogs brand last March helped to boost sales and profits at Weyco Group, but Florsheim and other properties contributed as well to its improved figures for the third quarter. The U.S. company has reported quarterly increases of 29 percent in sales to $74.6 million and 29 ...
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News briefs
Swedish shoe retail sales declined by 1.7 percent in August,...
Swedish shoe retail sales declined by 1.7 percent in August, but on a comparable, calendar-adjusted basis, the decline was more like 6.3 percent. During the first eight months of 2011, Swedish shoe retailers suffered sales declines of 0.8 percent in absolute terms and 4.6 percent in real terms.
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News briefs
A further steep increase in Vietnam's exports was recorded year-on-year...
A further steep increase in Vietnam's exports was recorded year-on-year in October, raising to 25 percent the growth in its footwear exports for the first ten months of this year. The European Union represented about 45 percent of total footwear shipments in the first nine months of this year, which ...
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News briefs
A survey of nearly 3,000 small and medium-sized manufacturers in...
A survey of nearly 3,000 small and medium-sized manufacturers in the Pearl River Delta region of Southern China indicates that many of them have seen their profits decline by between 30 and 40 percent as compared to last year, due to rising raw material and labor costs, combined with lower ...
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News briefs
India's Council for Leather Exports says Indian companies scored well...
India's Council for Leather Exports says Indian companies scored well at the Global Shoes and Micam fairs in Düsseldorf and Milan in September. The six Indian companies exhibiting in Düsseldorf collected orders worth €290,000, with expectations for €1.56 million more. The 10 participants in Micam got immediate orders for more ...
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News briefs
Brazilian packers and tanners exported 25,000 tons of hides and...
Brazilian packers and tanners exported 25,000 tons of hides and skins in September, achieving export revenues of $163.2 million, according to the Brazilian tanning industry association, CICB. In value, exports were 15 percent lower compared with August but 28 percent higher than a year earlier. In volume, they were 16 percent ...
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News briefs
Announcing that it now has more than 100 employees with...
Announcing that it now has more than 100 employees with 15 different nationalities, Spartoo.com, the 6-year-old French online shoe retailer, recently expressed confidence of reaching sales of €100 million this year, up from €30 million in 2009 and €60 million in 2010. It is recruiting additional employees, targeting a staff ...
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News briefs
Palladium, the casual footwear brand owned by K-Swiss, recorded a...
Palladium, the casual footwear brand owned by K-Swiss, recorded a big sales increase in European markets in the first half of 2011, triplicating the volume of deliveries in comparison to the same period of last year, when they amounted to 100,000 pairs. Palladium expects to sell a total of 600,000 ...
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News briefs
Hotter Shoes, the British manufacturer of comfort footwear, is ramping...
Hotter Shoes, the British manufacturer of comfort footwear, is ramping up its production to meet growing demand. The company claims that it makes one out of every three pairs of shoes manufactured in the U.K. Last year Hotter made 1.3 million pairs of shoes at its Lancashire factory; it expects ...
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News briefs
Santoni expects to finish 2011 with sales of €50 million...
Santoni expects to finish 2011 with sales of €50 million compared with €43 million last year. The Italian shoemaker opened its first Chinese store in June and plans to open about 12 stores in the country in the next three years.
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News briefs
Online sales of luxury goods are expected to grow globally...
Online sales of luxury goods are expected to grow globally by 20 percent a year to reach €11 billion in 2015 compared with €4.5 billion currently. By 2016, China is likely to overtake the U.S. as the main market for online purchases of these products, according to a study carried ...
