The Dutch-based Macintosh Group, parent company of Brantano, Dolcis, Manfield, Jones Bootmaker, Scapino and other shoe retail chains, has reported a drop in revenues for its Fashion division to €170.8 million during the third quarter from €187.5 million. The company attributed this in part to the exchange rate with pound sterling and to the closing of 20 stores, but admitted that fewer customers have been visiting its Dutch stores and that they have been buying less. On the other hand, the group's online sales jumped by 15.7 percent to €11.6 million. Gross margins declined because of special offers and sales promotions, resulting in an operating loss (Ebit). The management indicated that the pressure had slowed from the first half and noted a promising turnaround during the month of October. Meanwhile, Eric Coorens, chief operating officer of the group, is taking over the day-to-day operational management of Macintosh Fashion in the Netherlands, overseeing a total of 465 physical stores and seven online shops.