All Results & Statistics articles – Page 8
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Tapestry, the company previously called Coach, reported a loss of...
Tapestry, the company previously called Coach, reported a loss of $18 million on sales of $1.29 billion for its first quarter, ended Sept. 30. The sales increase of 24 percent and the loss were partly due to the acquisition in July of Kate Spade and costs for its subsequent integration. ...
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Shoe brands will continue to feel the pinch from sports...
Shoe brands will continue to feel the pinch from sports labels that are making further inroads into the growing sneaker market. This is the finding from a recent consumer focus survey conducted in Germany on the top brands in both the female and male market segments. Adidas, Nike, Reebok, Converse ...
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Michael Kors Holdings is projecting revenues of $4.59 billion for...
Michael Kors Holdings is projecting revenues of $4.59 billion for the financial year ending next April, up from a previous forecast of $4.28 billion. That would include extra revenues $225 million from the recently acquired Jimmy Choo, down from a previously projected level of $275 million. In the second quarter ...
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ISM Search, the European U.K.-based executive recruitment and head-hunting service...
ISM Search, the European U.K.-based executive recruitment and head-hunting service specializing in the sporting goods sector, recently conducted a survey among its candidates in the industry to find out the relevant factors in the successful hiring and retention of key talents. According to ISM, it is the first survey of ...
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Netshoes, which remains the largest pure e-commerce player in the...
Netshoes, which remains the largest pure e-commerce player in the Brazilian market and in Latin America, booked a 15 percent increase in net sales to 461.3 million Brazilian reais (€123.7m-$146.7m) in the second quarter ended June 30, but the quarterly net loss grew to R$35.2 million (€9.4m-$11.2m) from R$33.6 million ...
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The traditional price gap for luxury goods between China and...
The traditional price gap for luxury goods between China and Europe is shrinking. According to a study by Deloitte, the gap has shrunk by a quarter over the last 12 months. Key results of the study were reported by The Financial Times in early September. An increasing number of Chinese ...
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Hermès reported a particularly high operating margin of 34.3 percent...
Hermès reported a particularly high operating margin of 34.3 percent for the first half of this year, up from 33.9 percent in the year-ago period. Net earnings rose by 11 percent to €605 million. As previously reported, the French luxury goods company's sales increased by 11 percent to €2,713 million ...
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China's shoe exports declined by 3.4 percent to 222.3 billion...
China's shoe exports declined by 3.4 percent to 222.3 billion yuan renminbi (€28.6bn-$34.0bn) in the first eight months of this year, according to the China Leather Industry Association (CLIA). On the other hand, an official of the association has reportedly indicated that there has been a rise in imports and ...
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Shoe exports from Brazil grew by 14.7 percent in U.S....
Shoe exports from Brazil grew by 14.7 percent in U.S. dollars in the first seven months of this year, reaching $608 million, but this was only due to a foreign currency exchange gain, and the country's shoe industry association, Abicalçados, is concerned about the country's future competitiveness following a recent ...
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Primark is expected to report a 13 percent sales increase...
Primark is expected to report a 13 percent sales increase in constant currencies for the financial year ended Sept. 16, with growth of 20 percent in local currencies and one percent on a same-store basis, according to its parent company, Associated British Foods. The operating margin was higher than 10 ...
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As predicted, Zalando's growth softened in the second quarter, rising...
As predicted, Zalando's growth softened in the second quarter, rising by 20.1 percent to €1.1 billion, but the company is hoping to hit the upper range of the forecast of 20 to 25 percent for the full financial year. The operating margin (Ebit) declined by 1.4 percentage points to 7.4 ...
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German shoe retailers booked a nominal sales increase of one...
German shoe retailers booked a nominal sales increase of one percent in June, leading to an overall sales increase of the same magnitude for the first six months of the year, with a drop of one percent excluding inflation
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Leder & Schuh reports a 3.6 percent decline in its...
Leder Schuh reports a 3.6 percent decline in its net sales to €298.6 million for 2016, including revenues of €213.4 million from its domestic Austrian market. However, a major reduction in wages, marketing expenses and other operating costs allowed the parent company of the Humanic and Shoe4You retail ...
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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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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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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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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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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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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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After ten years of operation, Gianvito Rossi reached sales of...
After ten years of operation, Gianvito Rossi reached sales of €84 million last year, according to Milano Finanza, or 30% more than in 2015
