October 23, 2020 Global Retail Chains’ Revenues Expanded by 7% in 2019
Double-digit gains in Europe and Asia powered global sporting goods retail sales that grew 7% last year in local currencies and 4% in dollars to $106,214 million from $101,885 million, improving slightly on the 5% expansion in 2018. Thule Bounces Back in Q3 after Lost Q2
Net income soared 148% in the third quarter to SEK 449 million ($50.6 mm) from SEK 181 million on 45% higher revenues of SEK 2,436 million ($274.7 million) against SEK 1,682 million that were up 52% constant currency. Holiday Footwear Purchases Planned by Most Shoppers
Shoe retailers received some good news from the FDRA’s Holiday survey, which found that 66% of respondents were very or somewhat likely to buy new shoes for gifts or for themselves this season. Kappa Sales Jump Online but Stores Are Flat
China Dongxiang’s Kappa sales were up mid-single digits in the Sep. quarter driven by mid-to-low thirties growth in e-commerce while brick-and-mortar sales were flat. Etcetera: Puma, L.L. Bean, Blaser Group
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