All Results & Statistics articles – Page 7
-
News briefs
Hermès has just announced an 11 percent jump in net...
Hermès has just announced an 11 percent jump in net earnings to €1.2 billion for 2017. The company's operating margin grew further to 34.6 percent. As reported in the previous issue, the growth in Hermès' turnover slowed down to 7 percent last year, making it reach a level of €5.5 ...
-
News briefs
Kering more than doubled its net profit to €1.79 billion...
Kering more than doubled its net profit to €1.79 billion in 2017. Its adjusted operating income surged by 56.3 percent to €2.95 billion, and 70 percent of that came from its star brand, Gucci, whose sales grew by 41.9 percent to €6.21 billion. Yves Saint Laurent rose by 23.0 percent ...
-
News briefs
In a preliminary statement, Wolverine Worldwide said it expects to...
In a preliminary statement, Wolverine Worldwide said it expects to achieve this year its target of a 12 percent adjusted operating margin on a 6 percent increase in underlying revenues, in spite of significant incremental investments of more than $40 million to drive future growth. Its international business is expected ...
-
News briefs
Online sales of personal luxury goods are expected to more...
Online sales of personal luxury goods are expected to more than triple by 2025, reaching about €74 billion. McKinsey Company has recently released a report entitled “The age of Digital Darwinism,” in which it explains that online sales of personal luxury goods, which accounted for 8 percent of ...
-
News briefs
Salamander reports that its wholesale business in terms of value...
Salamander reports that its wholesale business in terms of value and volume both increased by 17 percent in 2017 as compared to the previous year. Together with the Salamander and Lurchi brands, Salamander reached a total sales volume of one million pairs of shoes. Pre-orders for the spring/summer 2018 season ...
-
News briefs
Aeffe's revenues from footwear and leathergoods rose by 12.8 percent...
Aeffe's revenues from footwear and leathergoods rose by 12.8 percent to €108.2 million in 2017. The Italian company, whose holdings include Pollini, raised its total consolidated revenues by 11.4 percent to €312.6 million, up by 11.6 percent at constant exchange rates. Sales through the group's own stores represented a higher ...
-
News briefs
Brazil's shoe exports reached 127.13 million pairs and $1.09 billion...
Brazil's shoe exports reached 127.13 million pairs and $1.09 billion in 2017, according to Abicalçados, the Brazilian Shoe Manufacturers Association. In terms of revenues, the result represents an increase of 9.3 percent as compared to 2016, and is the best performance since 2013, when the value of exports reached $1.095 ...
-
News briefs
Global fashion sales are expected to continue to grow in...
Global fashion sales are expected to continue to grow in 2018. According to the report The State of Fashion 2018, released by McKinsey Company, fashion sales will increase by between 3.5 and 4.5 percent in 2018, and by 4-5 percent in the luxury segment, to reach around €2.1 ...
-
News briefs
Crocs told investors at a recent conference that it performed...
Crocs told investors at a recent conference that it performed better than expected in the fourth quarter of 2017, thanks to a strong holiday season in the U.S. Sales reached a level of between $180 million and $190 million, with a gross margin of around 45 percent. However, the company ...
-
News briefs
World Footwear notes that Belgium remains one of the main...
World Footwear notes that Belgium remains one of the main trading platforms for footwear in Europe. It produced only one million pairs in 2016, according to the World Footwear Handbook, but in the first half of 2017 it exported 133 million pairs of shoes worth €2.97 billion, up by 3.9 ...
-
News briefs
In spite of the ambitious goals set by the government...
In spite of the ambitious goals set by the government of Bangladesh for the sector over the next few years, which wants its output to grow by least 15 percent a year (Shoe Intelligence Vol. 19 N° 23+24 of Dec. 23), the country's total exports of leather and leather products ...
-
News briefs
The Nike group saw its sales rise by 5 percent...
The Nike group saw its sales rise by 5 percent to $8,554 million for the second quarter of its fiscal year, as a dip in North America was compensated for by an uptick in demand in other regional markets. The Nike brand's turnover alone reached $8,136 million, up by 5 ...
-
News briefs
Office posted revenues of £298.7 million (€336.7m-$402.2m) in the 53 weeks...
Office posted revenues of £298.7 million (€336.7m-$402.2m) in the 53 weeks to July 2, 2017, as compared to revenues of £387.8 million (€437.1m-$522.2m) in the prior 74-week period, extended after its sale to Truworths to match its financial year end. Despite the uncertainties in the U.K. trading environment, which are ...
-
News briefs
Genesco indicates that it achieved a sales increase of 10...
Genesco indicates that it achieved a sales increase of 10 percent on a comparable store basis during the fourth quarter ended on Jan. 4 at its Journeys chain of shoe shops in the U.S., thanks in part to a shift from canvas casual styles to retro athletics. Johnston ...
-
News briefs
Sarenza, the French-based online shoe retailer, says its sales have...
Sarenza, the French-based online shoe retailer, says its sales have grown by 15 percent since the start of its new financial year in September, thanks in part to a particularly successful Black Friday promotion. The e-tailer generated a turnover of around €200 million in the past year.
-
News briefs
The sale of the Zhong Shan manufacturing operations in China,...
The sale of the Zhong Shan manufacturing operations in China, which was intended to move more production to Vietnam and Cambodia, caused Kingmaker's sales to fall to 594.1 million Hong Kong dollars (€64.1m-$76.0m) in the first half ended Sept.30 from HKD 1,013.9 million in the same period a year ago. ...
-
Short stops
Run by Giorgio Presca, the former chief executive of Geox,...
Run by Giorgio Presca, the former chief executive of Geox, and taken over by Carlyle last February, Golden Goose expects to post a significant double-digit sales increase this year compared with the €130m reached in 2016
-
News briefs
Brazilian footwear production has resumed its growth with an increase...
Brazilian footwear production has resumed its growth with an increase of 4.5 percent in the first seven months of this year, according to the Brazilian Institute of Geography and Statistics (IBGE), although there was a slowdown in the growth during the month of August. According to Abicalçados, the Brazilian Shoe ...
-
News briefs
Bianco Footwear, the Danish shoe retail chain, continued to lose...
Bianco Footwear, the Danish shoe retail chain, continued to lose money in the past year, but its management says it has gone through a profound turnaround that should bear fruits this year. The company made a loss of 20 million Danish krona (€2.7m-$3.2m) in the 2016/17 financial year, 3 million ...
-
News briefs
The Global Fashion Group (GFG), which owns several e-commerce clones...
The Global Fashion Group (GFG), which owns several e-commerce clones of Zalando in emerging markets, reported a 19 percent sales increase in net revenues to €256.4 million for the third quarter. The adjusted Ebitda loss declined by 2.8 percentage points to a still negative margin of 12.7 percent of revenues. ...
