All Shoe Intelligence articles in Volume 18, Issue 4-5 – Page 5
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News briefs
Esprit Holdings reported a net loss of HK$238 million (€27.9m-$30.7m)...
Esprit Holdings reported a net loss of HK$238 million (€27.9m-$30.7m) for the six months ended in December, as compared to a profit of HK$47 million (€5.5m-$6.1m) a year earlier. The performance of the clothing retailer was affected by a weak euro and a slowdown in China. Sales were down to ...
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Article
Weyco posts lower revenues, with Bogs’ down by 22%
Weyco Group reported sales of $87.4 million for the fourth quarter of 2015, down from $95.3 million in the fourth quarter of 2014. The big problem was a sudden 22 percent drop for Bogs in North America, after many seasons of strong growth for the brand of outdoor boots, due ...
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News briefs
Lineapelle welcomed a total of 21,715 visitors at its latest...
Lineapelle welcomed a total of 21,715 visitors at its latest session in Milan, or 8 percent more than a year ago. Foreign visitors rose by 14 percent to 11,946, with notable increases of 15 percent from Germany, 23 percent from the U.K., 17 percent from Portugal, 25 percent from Turkey ...
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Article
U.S. shoe imports grew by nearly 6% in 2015
According to the FDRA (Footwear Distributors and Retailers of America), U.S. annual footwear imports rose by 5.8 percent in value terms and by 5.7 percent in volume terms from 2014, growing at the fastest paces in the last four and five years, respectively. The organization said that the close of ...
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News briefs
Skechers USA was named 2015 Company of the Year and...
Skechers USA was named 2015 Company of the Year and honored with a design award for athleisure by the American Footwear Plus magazine. Meanwhile, Skechers continues to invest is sports sponsorships. While extending its contract with Meb Keflzighi, the American running champion, through 2023, the brand is since Jan. 1 ...
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Article
Rocky Brands’ sales fell by 17% in Q4
Net sales of Rocky Brands' products dipped by 17.3 percent in the fourth quarter of 2015, down to $65.3 million against $78.9 million in the corresponding period of 2014. The American company's net income fell to $1.4 million from to $4.5 million.The gross profit declined to $22.2 million from $27.6 ...
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News briefs
Schuhaus Raab, a German chain of 15 stores, filed for...
Schuhaus Raab, a German chain of 15 stores, filed for insolvency proceedings on Feb. 10, citing completion from factory outlets and internet retailers. Another German shoe retailer, Schlathorst, has gone into voluntary insolvency proceedings. The receiver in the case is Christoph Niering, an attorney in Essen.
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Article
Deichmann’s same-store sales grow by 1%
Breaking the symbolic €5 billion barrier, the Deichmann group raised its global gross revenues in 2015 by 8.3 percent to €5.3 billion. Net revenues increased to €4.6 billion, and they were up by 3.1 percent on a currency-neutral basis and by one percent on a comparable store basis. The group ...
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Article
Geox grows by 6.1%
Geox' sales in its own stores suffered an unexpected slowdown in November and December, stemming from the Paris terrorist attacks that killed 130 people on Nov. 13, and the record warm weather in Europe. In the past months, the group's same-store sales suffered a roller-coaster ride, rising year-on-year by 7 ...
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Article
Geox aims for sales of over €1 billion by 2018
After having declared a turnaround and reporting sales of €874.3 million for last year, less than €20 million short of the record level of €892.5 million posted in 2008, Geox said that it expects them to reach between €1,025 and 1,100 million in 2018. The target implies annual average growth ...
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Article
Portuguese shoe exports rise by 1%
Portugal's shoe exports grew by about one percent to €1,850 million in 2015, says Apiccaps, the country's shoe industry association, after recalculating some dubious figures. It noted that it was a particular difficult year, marked by declines in France, which is the biggest market for Portuguese shoes, as well as ...
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