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Geox Exec Says Co Targets Gross Margin Increase Of 300 Basis Points By 2021-End

Wednesday, 14 Nov 2018 11:22am EST

Nov 14 (Reuters) - Geox SpA ::GEOX EXEC SAYS 2019 MARKETING SPENDING TO BE 60 PERCENT DIGITAL AND 40 PERCENT TRADITIONAL (CURRENT: 30% DIGITAL, 70% TRADITIONAL).GEOX EXEC SAYS CO TARGETS GROSS MARGIN INCREASE OF 300 BASIS POINTS BY 2021-END.

Nike, Inc. Names Craig A. Williams President Of Jordan Brand

Tuesday, 13 Nov 2018 05:00pm EST

Nike Inc ::NIKE, INC. NAMES CRAIG A. WILLIAMS PRESIDENT OF JORDAN BRAND.NIKE INC - LARRY MILLER MOVES INTO NEW ROLE AS CHAIRMAN, JORDAN BRAND ADVISORY BOARD.NIKE INC - WILLIAMS JOINS JORDAN BRAND FROM COCA-COLA CO.NIKE INC - EFFECTIVE JAN. 14, 2019, CRAIG A. WILLIAMS WILL BECOME PRESIDENT OF JORDAN BRAND.

Geox Approves 2019-2021 Strategic Business Plan

Tuesday, 13 Nov 2018 11:38am EST

Nov 13 (Reuters) - Geox SpA ::APPROVES 2019-2021 STRATEGIC BUSINESS PLAN.IN 2019-2021 AIMS AT PROGRESSIVE INCREASE IN ADVERTISING INVESTMENTS, WITH A TARGET TO REACH 5% OF SALES.IN 2019-2021 AIMS AT REDESIGNING RANGE COMBINED WITH MORE FREQUENT RELEASES OF INNOVATIVE CAPSULE COLLECTIONS.TARGETS GROWTH IN NET SALES AT AN AVERAGE ANNUAL RATE OF 6.5% (2018-2021).EXPECTS TO REACH TURNOVER OF ABOUT EUR 950 MILLION – 1,000 MILLION IN 2021.TARGETS PROGRESSIVE IMPROVEMENT IN EBITDA, EXPECTED TO REACH APPROXIMATELY 10% OF SALES IN 2021.THE 2019-2021 BUSINESS PLAN INCLUDES INVESTMENTS OF APPROXIMATELY EURO 40 MILLION PER YEAR.

Geox 9-Mth Net Sales Down 8.2 Pct At EUR 672.4 Mln

Tuesday, 13 Nov 2018 11:31am EST

Nov 13 (Reuters) - Geox SpA ::9-MONTH NET SALES EUR 672.4 MILLION VERSUS EUR 732.7 MILLION YEAR AGO.SEES ISSUES WILL ALSO CONTINUE DURING THE FOURTH QUARTER OF THE YEAR.SAYS IT IS NECESSARY TO REMAIN VERY PRUDENT WHEN FORECASTING TURNOVER AND OPERATING RESULT FOR 2018 AS A WHOLE.SAYS 2018 AS A WHOLE HAS NOW BEEN SUBSTANTIALLY DEFINED BY THE TREND RECORDED IN THE FIRST NINE MONTHS.SAYS IN 2018 AS A WHOLE WHOLESALE CHANNEL IS EXPECTED TO CONTINUE SHOWING SIGNS OF WEAKNESS.SAYS INITIAL ORDER COLLECTION FOR THE UPCOMING SEASON IS DOWN BY -9.1%.COMPARABLE STORE SALES PERFORMANCE IN OCTOBER WAS SUBSTANTIALLY IN LINE WITH THE SAME MONTH LAST YEAR.CONFIRMS IMPROVEMENT IN GROSS MARGIN BOTH FOR 2018 AND INITIAL ORDERS FOR 2019 SPRING-SUMMER SEASON.UNUSUAL WEATHER CONDITIONS HAD IMPACT ON BOTH INITIAL DEMAND FOR PRODUCTS AND ON RESTOCKING DURING SEASON.

Gino Rossi Q3 Net Loss Widens To 17.5 Mln Zlotys

Friday, 9 Nov 2018 11:21am EST

Nov 9 (Reuters) - Gino Rossi SA ::Q3 NET LOSS 17.5 MILLION ZLOTYS VERSUS LOSS 3.3 MILLION ZLOTYS YEAR AGO.Q3 REVENUE 34.5 MILLION ZLOTYS VERSUS 43.2 MILLION ZLOTYS YEAR AGO.Q3 NEGATIVE EBITDA 8.5 MILLION ZLOTYS VERSUS POSITIVE EBITDA 1.1 MILLION ZLOTYS YEAR AGO.

Weyco Q3 Earnings Per Share $0.60

Tuesday, 6 Nov 2018 04:05pm EST

Nov 6 (Reuters) - WEYCO Group Inc ::WEYCO REPORTS THIRD QUARTER SALES AND EARNINGS.Q3 SALES ROSE 2 PERCENT TO $78.4 MILLION.Q3 EARNINGS PER SHARE $0.60.

Gino Rossi Oct Revenue Down 32 Pct YoY

Tuesday, 6 Nov 2018 11:56am EST

Nov 7 (Reuters) - GINO ROSSI SA ::REPORTED ON TUESDAY GINO ROSSI SA OCT 2018 REVENUE AT 12.5 MLN ZLOTYS VS 18.4 MLN ZLOTYS YR AGO.

Nike Names New Leaders For Asia Pacific And Latin America And Global Sales

Tuesday, 6 Nov 2018 09:00am EST

Nov 6 (Reuters) - Nike Inc ::NIKE, INC. NAMES NEW LEADERS FOR ASIA PACIFIC AND LATIN AMERICA AND GLOBAL SALES.NIKE INC - ANN HEBERT, CURRENTLY VP, GM OF APLA GEOGRAPHY, WILL BECOME NEW VP, GLOBAL SALES..NIKE INC - ANN HEBERT, CURRENTLY VP, GM OF APLA GEOGRAPHY, WILL BECOME NEW VP, GLOBAL SALES.NIKE INC - MIKE BEST, CURRENTLY IN ROLE, HAS DECIDED TO RETIRE AFTER A NEARLY 30-YEAR CAREER WITH BRAND.NIKE - CARL GREBERT, CURRENTLY VP, GM OF GLOBAL JORDAN BRAND, WILL BECOME COMPANY'S NEW VP, GM OF ITS ASIA PACIFIC AND LATIN AMERICA GEOGRAPHY.

La Chausseria Q3 Revenue Down At 0.8 Million Euros

Tuesday, 6 Nov 2018 08:14am EST

Nov 6 (Reuters) - LA CHAUSSERIA SA ::Q3 REVENUE EUR 0.8 MILLION VERSUS EUR 1.0 MILLION YEAR AGO.EXPECTS A DECREASE OF ABOUT 3 PERCENT IN FY REVENUE.

Wojas Oct. Revenue Up 13.6 Percent YoY

Monday, 5 Nov 2018 09:37am EST

Nov 5 (Reuters) - WOJAS SA ::OCT. REVENUE AT 29.6 MILLION ZLOTYS, UP 13.6 PERCENT YOY.

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