WORTMANN: company turnover for the first time exceeded 800 million euros
16.11.2010 5157

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

Latest News

An increase in the number of new openings in the fashion retail segment is noted in St. Petersburg

According to Nikoliers, in the first quarter of 2024, the activity of tenants in shopping center areas increased in St. Petersburg. Moreover, more than half of all openings - 25 out of 45 were in fashion retail, writes...
28.03.2024 103

OTB Group acquires shoe factory Tabi Maison Margiela

The Italian group OTB, which owns fashion brands such as Margiela, Jil Sander, Marni, Victor&Rolf and Diesel, has acquired a majority stake in luxury shoe manufacturer Calzaturificio...
27.03.2024 114

Sales of Inventive Retail Group grew by 10% at the end of 2023 and amounted to 78 billion rubles

The Russian operator of retail chains and online stores Inventive Retail Group (IRG) reported for 2023. It follows from them that the company continued to successfully adapt its business to the changing conditions in the Russian retail market, which...
27.03.2024 138

Geox relies on ambassadors

For the second year now, the Italian shoe and accessories brand Geox has been releasing capsule collections in collaboration with Russian theater and film actress Yulia Vysotskaya in Russia. At the same time, the European region is hosting a promotional event this spring...
27.03.2024 189

“Discount for repairs” of clothes and shoes in France supported workshops

The French have calculated the benefits of a program that encourages consumers to repair clothes and shoes by providing discounts on these services in certified workshops. The “repair discount” program began operating in France in November...
26.03.2024 1361
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning