Companies
Geox with widening losses despite increase in sales
Italy based company announced net sales of 400.2 million euros, with an increase of 3.5%. Net result continues to be negative reaching now -3.9 million euros
Harrods opens Shoe Heaven
The London based luxury department store has unveiled a brand new footwear department with 17 footwear boutiques and 50 luxury brands
Phoenix Footwear Group with widening losses despite jump in sales
The California based company announced 24.1% increase on sales during the second quarter of the year, but that didn’t prevent deterioration of net loss in the quarter (-1.9%)
Coach with declining sales and net income
Sales of the American company decreased 7.1% in the fourth quarter and net income for the period fell two thirds. Results for the entire year are less severe, but sales and net income were still down (-5.3% and -24.5% respectively)
Deckers global headquarters awarded with LEED silver certification
The US Green Building Council recognized the company’s building for sustainability across multiple categories
United Nude launches 3D printed shoes
The famous footwear brand has designed the Float shoe, which can be 3D printed at home on a compact desktop machine
Steve Madden reports decline in earnings and sales
The US based footwear specialist announced sales down by 0.6% in the second quarter compared to similar period in 2013. Net income decreased 3.3%. The management team highlights the difficulties behind the performance
adidas updates financial outlook for the year
Germany based sportswear giant announces new financial targets and a set of new strategic measures
Crocs continues with sinking income and plans to close stores
Company’s revenue grew 3.6% and performed better in the second quarter of the year after the first 3 months characterized by frozen sales. Net income continues to free fall, and stores closures have been announced
Deckers results reveal widening first quarter losses
Despite two digits growth on net sales, the company reported a deterioration of its net income, which now stands at a loss of 37.1 million US dollars-
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