WORTMANN: company turnover for the first time exceeded 800 million euros
16.11.2010 6085

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

Ralf Ringer opened an outlet in his own factory building.

Russian footwear brand Ralf Ringer announces the opening of a new flagship outlet in Moscow. This unique 500-square-meter space, located within its own factory, is located at 18 Otkrytoye Shosse, Bldg.…
14.11.2025 382

Sportmaster Group has closed its Urban Vibes retail project.

Sportmaster Group has closed its Urban Vibes retail project, which launched in 2020. All 17 stores of the multi-brand sportswear chain and the Urban Vibes online store have ceased operations. Experts believe the retail chain is not…
14.11.2025 397

Geox's revenue fell 6,2% in the first nine months to €492,8 million.

Geox's revenue for the first nine months of 2025 was €492,8 million, down 6,2% from the same period in 2024. Excluding the closure of subsidiaries in China and the US, the decline was…
14.11.2025 387

The first Casa Loewe boutique opened in Paris.

Spanish luxury brand Loewe has opened its first boutique, Casa Loewe, in France on Avenue Montaigne, Paris's most prestigious shopping street.
13.11.2025 496

Golden Goose is being acquired by Chinese company HSC – HongShan Capital for 2,5 billion euros.

Negotiations that could lead to the transfer of luxury sneaker brand Golden Goose from its current controlling shareholder, British fund Permira, to Chinese fund HSC – HongShan Capital are nearing completion, writes…
12.11.2025 936
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning