Shoes
SKECHERS with 21% growth on net sales
The American company registered net sales of 546.5 million USD in the first quarter of 2014, growing 21.0% from 451.6 million USD in the same period in 2013. Net earnings for the first quarter of 2014 reached 31 million USD up 363.5% compared to 6.7 million USD last year
New sneaker culture exhibition at the Bata Shoe Museum
Out of the Box: The Rise of Sneaker Culture is an exhibition focusing on the history of sneaker culture from the 19th century until the present day and displays over 120 models
APICCAPS launches new fashion and lifestyle TV channel
The new platform is available at www.portugueseshoestv.pt and is dedicated to the promotion of Portuguese footwear, covering the latest fashion news
United States footwear imports with slow growth
In 2013, the United States (US), the largest footwear importer, bought 2 338 million pairs of shoes abroad, valued at 25 317 million USD, a 2% and 4% increase compared to 2012, respectively. Value of exports increased 5.8% notwithstanding relative stability registered in quantities
Chinese giant manufacturer Yue Yuen with 7.1% decline in profit
The group announced turnover of 7 583 million USD for 2013, up 4.1% compared to 7 281 million USD in the previous period. Total net profit amounted to 434.8 million USD in 2013, down 7.1% compared to 467.9 million USD in the same period last year
New Balance Foundation offers a 300 000 USD challenge to charity
To help kick off the 30th anniversary of Camp Sunshine, a retreat for children with life-threatening illnesses and their families, the American foundation has offered to match all gifts from donors
Italian footwear industry shows signs of recovery
In 2013 Italy’s footwear exports increased 2.5% in volume and 5.6% in value, and reached 220 million pairs valued at 8 073 million euros. The Italian industry managed to invert the deterioration on exports registered in 2012 and seems to be on the growth path again. Average price of the Italian footwear was up by 3.1% and now reaches 36.73 euros
Workers strike in China at one of the largest footwear manufacturers
Workers at a Chinese factory owned by Yue Yuen Industrial (Holdings) Limited, a key supplier to some of the world's footwear giants, were on strike several days in a dispute over benefits
SKECHERS named fashion brand of the year
SKECHERS USA Inc. was named Fashion Footwear Brand of the Year at the latest The Footwear Industry Awards, an achievement that completes a year with multiple industry awards
New Zealand imports increase in 2013 supported by the country’s economic growth
New Zealand imports grew 2.5 % in volume and 2.1% in value and now reach 24 million pairs worthing 269 million USD
Prada announces flat earnings
Italy based luxury group finished the financial year (ended January 31st, 2014) posting consolidated net revenue of 3 587 million euros, growing 8.8% from previous year; net profit totaled 628 million euros, broadly in line with the prior year’s performance
ECCO's CEO live on World Footwear
The Danish footwear manufacturer and retailer has posted an 8.0% increase in full-year profit, in a record set of results in 2013
Higher sales boost Nike’s performance
Nike, Inc. reported the financial results for its fiscal third quarter, ending 28th February 2014, with sales growing 12.7%, and gross margin now reaching 44.5%. Earnings for its third quarter up by 3.5%.
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
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