Crocs sales have grown
30.07.2012 3476

Crocs sales have grown

Brand sales in the second quarter increased by 12%

Shoe company Crocs released its second quarter 2012 financials. In the period ending June 30, the company's sales rose 12% over the same period last year, from $ 295,6 million to $ 330,9 million.

For the company, this is the highest level of sales growth in a three-month period in history. In the third quarter, the company expects to receive revenue of $ 300 million.

Net income in the second quarter of 2012 year amounted to $ 61,5 million, last year this figure was $ 55,5 million.

Sales growth in the second quarter was supported by good results in Asia and the American continents, while in Europe, on the contrary, there was a decline. In the Americas, sales rose 10,9% and in Asia, 20,5%. And in Europe, the figure fell by 5,2%.

Wholesale sales grew by 7,3% on an annualized basis, from $ 175,8 million to 188,5 million. Retail sales grew by 22,6% - from $ 91,8 million to $ 112,5 million. According to the results for the second quarter, 484 had retail stores, whereas a year ago this the figure was 397. The total comparable sales in stores in the second quarter increased by 1,8%, and online sales rose by 6% - from $ 28,1 million to $ 29,9 million. This is reported by riamoda.ru.

This year, Crocs is celebrating its 10th anniversary, and plans to release casual shoes for men, women and children for the anniversary - these will be several collections that unite 300 shoes for all seasons.

Sales of the brand increased by 12% in the second quarter. Crocs, a shoe manufacturer, published its financial report for the second quarter of 2012. In the period ending June 30, the company's sales ...
5
1
Rating

Latest News

Chanel to Show Cruise Collection in Singapore

Luxury brands continue to conquer Asia. Chanel is set to present its cruise collection in Singapore, the same collection that was recently presented in a sensational fashion show on Lake Como in…
19.05.2025 185

Adidas and Puma rivalry to be featured in new US TV series

The series is based on materials from the family archives of the Dassler brothers, founders of sports brands Adidas and Puma, and will tell the story of one of the most fascinating family conflicts in history…
19.05.2025 204

Argentina wants to sort out terms regarding leather characteristics

The Industrial Commission of the Chamber of Deputies of Argentina received representatives of the national leather industry to discuss two provisions regulating the commercial use of terms related to…
16.05.2025 381

Bally's Italian product development unit, Bally Studio, has closed

Bally Studio, the company in the Italian region of Lastra a Signa (Florence), which was responsible for creating prototypes of products for the Swiss luxury brand Bally and launching them into production, is no longer…
16.05.2025 372

Birkenstock raises full-year forecast amid strong demand

Birkenstock raised its full-year forecast on better-than-expected second-quarter sales. The company's shares rose about 5% in preliminary…
16.05.2025 333
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning