World Footwear

Companies

Phoenix Footwear Group with widening losses despite jump in sales

Aug 14, 2014 / United States
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%)

Volatile currencies continue to negatively impact Puma

Aug 14, 2014 /
Sportswear giant announced net sales for the first 6 months of the year at 1 377.9 million euros, a 6.5% decline from similar period last year. Net earnings declined to almost half of the amount posted in H1 in 2013

Coach with declining sales and net income

Aug 13, 2014 / United States
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

Aug 13, 2014 / United States
The US Green Building Council recognized the company’s building for sustainability across multiple categories

Steve Madden reports decline in earnings and sales

Aug 7, 2014 / United States
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

Aug 6, 2014 /
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

Aug 4, 2014 / United States
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

Jul 28, 2014 / United States
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

Grendene with recovering profit

Jul 28, 2014 / Brazil
During the second quarter of the year, the Brazil based footwear company, presented net revenue with modest growth (1%). Profit is now recovering and grew 9.4% in the second quarter, after a 5.7% decline in the first quarter

Hunter with new distribution strategy in Japan

Jul 25, 2014 / Japan
Hunter Boots Limited and Itochu Corporation announced an agreement to found a joint venture, Hunter Japan K.K., which will guarantee a new distribution strategy in Japan to coincide with the launch of the spring/summer 2015 selling season

Investment group acquires Scholl Footwear

Jul 25, 2014 / United Kingdom
Germany based private equity firm Aurelius has agreed to acquire footwear brand Scholl
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