All Weyco articles
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ArticleWeyco sales slightly down in Q4 due to North American wholesale business
Weyco Group reported fourth-quarter 2022 revenue of $99.0 million, down 2 percent from a year ago, which had been expected because some wholesale orders from the third quarter of 2021 were pushed into the fourth quarter due to supply chain disruptions. The sales decline was due entirely to the North ...
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News briefsWeyco Group plans to expand more into outdoor footwear market
After a strong post-pandemic recovery, U.S.-based Weyco Group is looking to expand further into the outdoor footwear market through acquisitions, CEO Tom Florsheim said during a presentation at the Milwaukee Rotary Club. The footwear retailer is looking to further develop its various brand offerings to follow industry trends while maintaining ...
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ArticleWeyco expects declining sales after record Q3
Weyco Group generated record sales in the third quarter of 2022, with revenues jumping by 56 percent compared to the year earlier to $97.0 million. Growth was led by its North America wholesale business and underpinned by strong consumer demand, higher selling prices and the “abnormally low” revenues seen in ...
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ArticleWeyco's key brands rise sharply, relaunch of Forsake planned for next year
Weyco Group reported double-digit sales increases for each of its four major footwear brands in the second quarter ended June 30, prompting total revenues to rise by 29 percent to $74.4 million from $57.6 million a year earlier. The group’s brands Florsheim and Stacy Adams saw their sales rise by ...
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ArticleWeyco sales nearly double in Q1
Weyco Group’s revenues reached $81.4 million in the first quarter ended March 31, a record for the period and nearly double the $46.9 million seen the year earlier, when the Covid-19 pandemic heavily impacted sales. Revenues were 10 percent higher than the first quarter of 2019, ahead of the health ...
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ArticleWeyco Group says Forsake brand will gain traction in 2023
Weyco Group sees Forsake, the waterproof boot and sneaker brand it acquired for $2.5 million in June 2021, beginning to grow next year with a strategy that is currently in development. The brand targets 25- to 40-year-old consumers split evenly between men and women and focused on adventure enthusiasts. In ...
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ArticleWeyco sees improvement in supply situation in Q4
The U.S. group Weyco enjoyed a rebound in sales and earnings in the third quarter of 2021, but bottlenecks in the supply chain caused delays in the delivery of merchandise from suppliers and hurt the sales of its outdoor brand Bogs. In October, however, the company began to see an ...
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ArticleWeyco sees potential in Forsake, benefits from renewed dress shoe demand
Glendale, Wisconsin-based Weyco Group reported net sales of $57.6 million in the group’s second quarter of 2020, which ended June 30, compared with $16.6 million a year earlier, when sales were severely impacted by the pandemic outbreak. Sales were down about 5 percent from the second quarter of 2019, with ...
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ArticleWeyco suffers but sees acceleration in outdoor sales and wholesale orders
Weyco continued to suffer from the impact of the Covid-19 pandemic in the opening months of 2021. Still, the company enjoyed an acceleration in wholesale orders in the latter part of the first quarter and a strong performance in Australia. Net sales in the first quarter ended March ...
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ArticleBogs continues to perform well
Even with low precipitation in November and December across the U.S., demand for Bogs , a footwear brand best known for its waterproof boots, remained strong in the fourth quarter, as consumers continue to spend more time outside during the pandemic. It continued to diversify its product mix, selling more ...
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ArticleBogs’ sales tumble 22%
Sales of the Bogs footwear brand from the U.S. state of Oregon, best known for their waterproof boots, declined 22 percent in the first quarter due to Covid-19, particularly in the second half of March, with store closures affecting the company’s wholesale business. Weyco , the parent company, said ...
