Footwear manufacturer and retailer Le Saunda Holdings Ltd said total sales rose 15.2 percent year-on-year in the three months ended November 30th .The firm added in an interim filing to the Hong Kong Stock Exchange that same store sales for the third quarter of financial year 2013-14 expanded by 14.2%. The numbers were buoyed by a reduction in promotional discounts and an increase in retail gross margin.
Total sales of Chinese domestic raw hides for export were worth US$9,493,500 between January and October 2013. An increase of 28.7% compared with the same period in 2012. Figures that have been released for October show an increase of over 43% in value.
After being badly hit by the Europe wide recession Natuzzi is now more optimistic about the future. Sales fell from €342.3 million to €328.1 million (- 4.15%) in the first nine months of 2013 compared to the same period in 2012 but CEO Pasquale Natuzzi stated that the company is “near a turnaround”.
Leatherbiz reports that footwear manufacturing and retail group Brown Shoe Company has reported sales revenues of US$702.8 million for the third quarter of 2013, an increase of 1% compared to the same quarter in 2012.
Leatherbiz reports that Assocalzaturifici, the industry association that represents Italian footwear manufacturers, has said a system of helping small and medium-sized companies in the sector to secure funding for promoting their shoes, at home and overseas, will continue and will now help fund footwear production too.