News Briefs – Page 8
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News briefs
The net profit of Italy's Aeffe Group surged by 214...
The net profit of Italy's Aeffe Group surged by 214 percent to €4.6 million in the first half while its total sales grew by 8.8 percent to €150 million, with an 8.6 percent rise in constant currencies. The growth in turnover was driven by an increase of more than 18 ...
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Sabu Schuh-Verbund, the German cooperative of 102 independent shoe retailers...
Sabu Schuh-Verbund, the German cooperative of 102 independent shoe retailers reported a three percent fall in turnover for 2016 at its annual general meeting in Hamburg in June. More detailed figures show that the revenues of Sabu Schuh und Marketing GmbH, which is equally owned by the Sabu Schuh-Verbund and ...
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Bernard Arnault, the president and chief executive of Lvmh, is...
Bernard Arnault, the president and chief executive of Lvmh, is again the wealthiest person in France. Last year, the top spot was occupied by Liliane Bettencourt, one of the main shareholders of L'Oréal, but according to the latest ranking by Challenges, a French business magazine, Arnault is now back on ...
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A recent survey in the U.K. has revealed that the...
A recent survey in the U.K. has revealed that the average British man owns as many shoes as British women do, but British men are now spending more on shoes than women. The poll has been conducted by Spartoo, the fashion e-tailer, among 2,000 adults. British men own 19 pairs ...
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News briefs
After several years of drastic sales declines, the Russian shoe...
After several years of drastic sales declines, the Russian shoe market appears to have rebounded. In its annual report, a leading Russian market research institute, Fashion Consulting Group, predicts an increase of between 5 percent and 10 percent for the current year, both in rubles and in dollars. For 2016, ...
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Sales grew by 2.2 percent in German shoe shops during...
Sales grew by 2.2 percent in German shoe shops during the first six months of this year, according to the European Clearing Center, which collected the data of 4,724 points of sale in the country. Comparatively, their sales had fallen by 3.4 percent year-on-year in the first half of 2016. ...
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News briefs
The high-end footwear manufacturing cluster near Venice is scoring better...
The high-end footwear manufacturing cluster near Venice is scoring better than the rest of Italy, judging from the figures announced by Acrib, the association grouping shoe manufacturers located along the Brenta River. Their turnover grew last year by 6.2 percent, rising for the first time above the €2 billion threshold. ...
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News briefs
Italy remained last year the world's largest exporter of leather...
Italy remained last year the world's largest exporter of leather with a total value of about €3.8 billion last year, according to the country's tanners' association, Unic. Exports of leather for shoes and clothing declined by 2 percent. A bigger decline of 7 percent was registered for leather used in ...
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Brazilian footwear exports increased by 1.1 percent in volume between...
Brazilian footwear exports increased by 1.1 percent in volume between January and May as compared to the same period last year, according to data from the Brazilian Shoe Manufacturers Association. In value terms (in U.S. dollars), Brazilian footwear exports jumped by 20.1 percent to $441 million. The devaluation of the ...
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News briefs
In a preliminary statement, Zalando said its sales grew by...
In a preliminary statement, Zalando said its sales grew by between 22 and 24 percent in the first quarter of 2017, generating an operating margin of between one and three percent – lower than analysts had estimated. It confirmed projections for this year of growth between 20 and 25 percent ...
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News briefs
Sequential Brands reported an increase in its net loss to...
Sequential Brands reported an increase in its net loss to $1,180,000 for the first quarter of 2017 in spite of a 16 percent increase in licensing revenues to $39.4 million, led by gains at its Avia and Heelys brands. Heelys, which now has a presence in 185 countries, is developing ...
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News briefs
German shoe retailers saw their sales jump by 18 percent...
German shoe retailers saw their sales jump by 18 percent in value and by 15 percent in volume year-on-year during the month of March. The progress was largely due to the low level of sales reached in March 2015, when their sales fell by 13 percent. January had been positive ...
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Without disclosing a specific figure, Görtz said it recorded higher...
Without disclosing a specific figure, Görtz said it recorded higher sales in 2016 after a decrease of €0.7 million in 2015 to €268.6 million, including a turnover of €262.7 million at its own stores and online. The wholesale sector accounted for the rest. The majority of the revenues were made ...
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News briefs
In the first three months of this year, Deichmann invested...
In the first three months of this year, Deichmann invested €7.5 million in advertising, representing an increase of 8.9 percent as compared to the same period of the previous year. With an advertising spending of €6.1 million, Reckett Benckiser was the second-biggest advertiser of the German fashion industry in the ...
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News briefs
BasicNet, the Italian company that owns Kappa, Superga, K-Way and...
BasicNet, the Italian company that owns Kappa, Superga, K-Way and other brands, reported a 4.9 percent increase in aggregate, wholesale-equivalent sales to €198.8 million for the first quarter ended March 31. While its direct sales in Italy declined by 4.6 percent to €37.8 million, the revenues of its foreign licensees ...
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News briefs
Online sales of footwear grew in Germany by 16 percent...
Online sales of footwear grew in Germany by 16 percent to an estimated level of €871 million during the first quarter of this year, according to BEVH, the country's e-commerce federation. Across all categories, online retailing grew by 10 percent to €13.2 billion, with an increase of only 2.7 percent ...
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Fashion and luxury slowed down in 2016. Pambianco Strategie di...
Fashion and luxury slowed down in 2016. Pambianco Strategie di Impresa conducted a study on a panel of 36 companies listed on the Stock Exchange with headquarters in Europe and the U.S. which found that the combined turnover of these companies increased by 4.4 percent in 2016, down from a ...
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Brazilian shoe exports declined by 1.6 percent to 31 million...
Brazilian shoe exports declined by 1.6 percent to 31 million pairs in the first quarter of this year, but because of the appreciation of the Brazilian real, they declined by 14.2 percent in terms of U.S. dollars, down to $259 million. With deliveries of 3.16 million pairs, exports to the ...
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News briefs
Sequential Brands reported an increase in its net loss to...
Sequential Brands reported an increase in its net loss to $1,180,000 for the first quarter of 2017 in spite of a 16 percent increase in licensing revenues to $39.4 million, led by gains at its Avia and Heelys brands. Heelys, which now has a presence in 185 countries, is developing ...
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News briefs
Tempe, the footwear arm of the Inditex group based in...
Tempe, the footwear arm of the Inditex group based in Elche, raised its turnover by 10 percent to €1.23 billion in the last financial year, to Jan. 31. However, its net profits declined by 14 percent to €94.8 million. Tempe, which produces or sources shoes for Zara and all the ...
