After a strong second quarter that saw a return to growth after many months of decline, Bogs posted lower sales for the third quarter. The brand's revenues for the three months ended on Sept. 30 fell by 5 percent from the year-ago quarter. The brand's parent company, Weyco, said that the decrease at Bogs was a result of a shift in the timing of shipments for the autumn season as retailers receive a larger percentage of their deliveries in October than in September. However, Weyco remains optimistic about finishing the year with an overall sales increase for Bogs based on early sell-through at retail during the season.
Related articles
-
ArticleShimano value sales down double-digit in Q1
Even during the bicycle boom in the Covid years, the world’s leading bicycle component manufacturer Shimano Inc. repeatedly stepped on the brakes in its outlook for the time after the pandemic. At least the sales figures for the first quarter of 2024 show that the Japanese company was not so ...
-
ArticleBLS parent Brockhaus Technologies records further growth in 2023
German company Brockhaus Technologies AG closed the 2023 financial year with a 31 percent increase in turnover compared to the previous year to a total of €186.63 million. The subsidiary Bikeleasing-Service GmbH & Co. KG (BLS) also contributed to this excellent result. The publicly listed, Frankfurt-based company has held a ...
-
ArticleRecovery in leisure, business travels boosts Samsonite
Annual profitability at Gregory parent Samsonite rose by 33 percent to $450.3 million from $338.3 million for the 12 months ended Dec. 31. The group’s FY operating profit increased by 51 percent to $743.7 million from $492.1 million as the annual gross margin expanded by 350 basis points to 59.3 ...