Rieker
WORTMANN: company turnover for the first time exceeded 800 million euros
16.11.2010 4126

WORTMANN: company turnover for the first time exceeded 800 million euros

The Wortmann group of companies from the German city of Detmold successfully coped with the crisis of last year. It increased its turnover for the past financial 2009 / 2010 (as of May 31) to 832,1 million euros (last year it amounted to 798,9 million euros). Thus, for the first time, the company managed to exceed the bar of 800 million euros. The company has achieved particularly great success in Germany. Here the turnover grew by more than 10%. In some foreign markets, in particular in the branded retail sector in Asia, the company suffered losses. The export share slightly decreased to 51,8% (in 2009, it amounted to 53,9%).

With the orders received this year, Wortmann is again looking forward to profit growth - consumer demand is seen in all markets. In Germany alone, in the first seven months of 2010, the increase in turnover in the footwear retail sector in Germany was about 4%.

The Tamaris system partnership is in great demand among shoe sellers: there are already working 359 Tamaris operating retail space (in March 2010 there were 261 of them), of which 139 were single-brand stores (in March there were 122) and 220 shops-in-store (in March there were 139 ) The total number of Tamaris retail space is 405 stores. This corresponds to an increase in 44% compared to last year.

Wortmann has its own representative offices in eleven European cities, and another eleven representative offices operate in the Far East.  In total, the company employs 868 employees around the world (in 2009 there were 820), of which 487 is in Europe.  30 thousand workers are producing shoes for the Wortmann group of companies around the world.  Wortmann European Offices Increase Its Fashion Sales To 26,8  million pairs  In the standard footwear segment, the sales volume of the group of companies amounted to 39 million pairs. This rightfully makes Wortmann  the undisputed leader in sales of fashionable women's shoes in Europe. The European subsidiaries of Wortmann include brands such as Tamaris, Marco Tozzi, Caprice, Jana and s.Oliver. In Asia, Wortmann is represented by Novi Footwear (Far East) Ltd in Hong Kong and Singapore. Wortmann Group collections are available in more than 70 countries and in more than 14 000 outlets around the world. 

The Wortmann group of companies from the German city of Detmold successfully coped with the crisis of last year.
5
1
Rating
Midinblu

Latest News

Christian Louboutin announces orange as the "new black"

In defiance of the Pantone Color Institute, which announced the combination of gray and yellow as the main colors of 2021, the French luxury shoe brand Christian Louboutin made a statement and called orange the "new black". The brand started this ...
20.01.2021 30

Portugal introduces new quarantine restrictions

The beginning of 2021 in Portugal was marked by an increase in the number of cases of Covid-19 (more than 10000 daily, with about 150 deaths every day). In this regard, the country is forced to tighten quarantine measures. Retail clothing stores and ...
19.01.2021 37

Vans released sneakers with zodiac signs

Vault by Vans has unveiled a new collaboration with Swedish designer and vintage collector Johannes Wieser.
19.01.2021 35

The safety certificate can be verified by GTIN

“By the end of the first quarter of this year, information on the documents confirming their safety check will appear for all goods entered into the national labeling system,” said the head of the Federal Accreditation Agency Nazariy Skrypnik in an interview with Rossiyskaya ...
18.01.2021 127

AliExpress Russia launches in-store pick-up service

The “Pick up at the store” service will appear in the product card and in the user's basket on the AliExpress platform. By choosing this option, the buyer will be able to organize delivery of the goods to the nearest store of the seller - the partner of the marketplace and pick it up at ...
18.01.2021 120
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning