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Positive results for footwear suppliers

Germany-based footwear retailer Deichmann has announced a year-on-year increase in revenue for 2015 of 8 per cent, reaching a total of almost £4.2 billion ($5.8 billion). Deichmann sold some 172 million pairs of shoes and boots last year from its stores located in 23 countries. At the end of 2015, the company had 3,710 retail outlets, up by 110 from the previous year.

Bata Pakistan, a major player in the footwear industry in that country, has reported sales across some 400 stores of £100 million ($140 million) for 2015. The company reported an 8 per cent increase in profits, reaching almost £10 million ($14 million).

Meanwhile, Yue Yuen reported a good start to the year, with sales for January reaching £545.6 million ($763.5 million) – a 7 per cent rise year-on-year. The company ended 2015 on a high note, with sales increasing by 5 per cent to £6 billion ($8.4 billion). The Taiwan-based group manufactures footwear for such international brands as Nike, Puma and Timberland.

Photograph above shows one of Deichmann's 3,700-plus stores.

Publishing Data

This article was originally published on page 2 of the April 2016 issue of SATRA Bulletin.

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