World Footwear

Retail

Ferragamo’s net profit up, despite declining sales

May 23, 2016 / Italy
The Ferragamo Group posted first quarter revenue of 321 million euros, registering a 2% decrease (current and constant exchange rates) over the 327 million euros recorded in similar period last year

Record net sales by Shoe Carnival

May 20, 2016 / United States
The US-based footwear and accessories retailer has reported results for the first quarter ended on the 30th of April. Record net sales of 260.5 million US dollars were registered

Sales at Nordstrom below expectations

May 19, 2016 / United States
The Seattle-based upscale fashion retailer confirmed that first quarter sales were not in line with expectations, impacting the set of results for the period

adidas with outstanding financial performance

May 6, 2016 / Germany
The group has announced first quarter results. FY 2016 guidance increased in light of strong brand momentum

Aéropostale fills for bankruptcy

May 6, 2016 / United States
The US-based specialty retailer of casual apparel and accessories for teenagers, has filled for bankruptcy with plans to close around 150 stores in the US and Canada

Burberry posts disappointing sales

Apr 29, 2016 / United Kingdom
The luxury British-based brand reported a 1% decline in total revenue, reflecting negative growth in retail, wholesale and licensing. Such disappointing second-half sales let the company to warn on profit for the current fiscal year

Steve Madden announces stable results

Apr 28, 2016 / United States
Net sales increased by 1.7% in the first quarter. Net income grew by 1.0% in the same period

Singapore women spend more than 200 000 US dollars on shoes

Apr 27, 2016 / Singapore
A survey reveals women spend up to 204 000 US dollars on shoes in their lifetime, with 120 000 US dollars reserved for designer shoes

Sears Holdings to close 78 stores

Apr 26, 2016 / United States
The Illinois-based group owner of retail store brands Sears and Kmart believes the decision aims to accelerate its transformation and its return to profitability

Under Armour with 30% net revenue growth

Apr 22, 2016 / United States
The Baltimore–based company announced first quarter results and has raised full year net revenues outlook to 5.0 billion US dollars

Prada’s weak results

Apr 18, 2016 / Italy
According to Bloomberg Prada has failed to meet its own earnings forecasts in 11 of the past 12 quarters. This was aggravated by profit margin shrinking from 27% in 2012 to 14% last year

New Balance voices anti-TPP position

Apr 18, 2016 / United States
The US-based athletic brand has come out in opposition to the Trans Pacific Partnership, the free trade agreement involving the US and 11 countries from the Pacific region

Pou Sheng with increasing sales

Apr 15, 2016 / Hong Kong
The Hong Kong-based company reported net consolidated operating revenue totaling 207.4 million US dollars in March (growing by 5.2%)

Deichmann exceeds the 5 billion revenue threshold

Apr 6, 2016 / Germany
The Essen-based company announced sales over 172 million pairs of shoes worldwide

Deichmann to expand in Romania

Mar 25, 2016 / Romania
The Germany-based footwear retailer is expected to open seven new stores in the country during the current year
Page 59 of 67