Shoes
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
US based Brown Shoe with frozen sales
Brown Shoe reported net sales of 2,513.1 million USD in 2013, 1.4% up from previous reporting period; company’s net earnings performance improved by 38.5% to 38.1 million USD.
Foot Locker reported 8.0% growth in net income during 2013
The New York based athletic retailer Foot Locker, Inc. reported fourth quarter net income of 121 million USD and full year income of 429 million USD
US based Crocs announced slight increase for its 2013 revenue
Crocs Inc. announced 1.6% revenue increase for the fourth quarter in 2013 and 6.2% growth for the full year. On a constant currency basis, revenue increasead 4.1% in the fourth quarter, reaching 8.8% growth for the full year.
Footwear brand Softwaves launched a new eco friendly collection
Portuguese footwear brand Softwaves launched a new eco friendly collection. Green Edition gathers the new line for next season, Spring/Summer 2014, and is totally focused on being environmentally friendly
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.
Ferragamo announces 2013 results
Italy based luxury business Salvatore Ferragamo posted a 42.5% increase in its annual net profit, reaching 150.5 million euros in 2013.
Reebok unveils new logo and announces shift in brand direction
Reebok, one of the world’s most recognized athletic brands has disclosed its new brand logo, the Reebok delta symbol, in conjunction with the announcement of the new focus of the brand on fitness
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.
Belle International announced 3.2% rise in profits
Belle International Holdings Ltd, Chinese top footwear retailer reported a 3.2% rise in their profit, now reaching 526.22 million euros (unaudited), in a statement announcing the interim results for the year ending 31st December 2013
“SmartSoles” designed to help tracking Alzheimer’s patients
GTX Corp., a company working with wearable technologies and Andrew Carle, professor at George Mason University (US), have teamed up to produce the Bluetooth Low Energy (BLE) SmartSoles, a footwear system designed to monitor people’s movements.
Deckers Outdoor announced 2013 results
Deckers Outdoor Corporation, the US based company announced fourth quarter net sales increase of 19.2% to a record 736.0 million USD, and 10.1% growth on sales for fiscal year 2013, reaching a record 1.557 billion USD.-
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