Germany
German footwear industry on the recovery path
In 2013 Germany exported 185 million pairs of shoes, valued at 3 303 million euros, which represented an increase of 5.3% and 10.1%, respectively. The average price of German footwear grew 4.6% and now reaches 17.90 euros
Puma announced sales down by 3% in 2013
Puma’s consolidated sales for 2013 declined by 3% currency adjusted to around 3 billion euros, and company’s gross profit margin decreased to 46.5%. For the fourth quarter, Puma consolidated sales at 698 million euros, a 4.7% currency adjusted decline.
adidas group announced 2013 results
In 2013, adidas generated net income of 787 million euros, a 49.3% growth from previous year, despite a 2.6% deterioration on net sales from 14.883 million euros in 2012 to 14.492 million euros in 2013.
GDS fair closes surrounded with positive expectations
From the 12th to the 14th of March the shoe world gathered in Düsseldorf, Germany, for the GDS fair, the international event for shoes & accessories. Global Shoes, the sourcing trade fair kicked off a day earlier.
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