All Shoe Intelligence articles in Volume 17, Issue 10-11 – Page 5
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News briefs
Sales increased by 10 percent last year for Sarenza, reaching...
Sales increased by 10 percent last year for Sarenza, reaching €165 million. The French-based shoe e-tailer predicts that its sales will rise this year more than 25 percent. It sees France's share declining to 60 percent of the turnover in 2015 from 75 percent last year. Since its creation in ...
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Article
Valleverde is saved by Silver 1
Valleverde has finally been acquired by a new investor, Silver 1, for a reported value of €9 million, after six bankruptcy auctions had previously failed to find a buyer. In the previous auction, the value had gone down to €7 million. Valleverde, an Italian brand that is known for its ...
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Article
Tod’s remains upbeat despite a poor Q1
Tod's released a relatively reassuring forecast for the current financial year, although its results for the first quarter came in below market expectations, showing a drop in the gross operating margin (Ebitda) to 18.2 percent from 22.4 percent a year earlier. At constant exchange rates, the Ebitda margin would have ...
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News briefs
CCC raised its sales by 20.1 percent to the equivalent...
CCC raised its sales by 20.1 percent to the equivalent of €106 million in the first quarter of 2015, but the fast-growing Polish shoe retailer is targeting 40 percent growth for the full year. The gross margin declined to 51.6 percent from 52.3 percent in the year-ago period, but the ...
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News briefs
Clarks has signed a 15-year lease on a 120,000-square-foot property...
Clarks has signed a 15-year lease on a 120,000-square-foot property in Waltham, Massachusetts , previously occupied by Polaroid, that will house the new corporate headquarters of its American subsidiary. Construction work has already started. The staff is expected to move into the new, energy-efficient building in the autumn of 2016.
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