Ecco 400 Stores In The World In The Next 6 Years
Recently, Denmark is famous for its outdoor activities.
Casual shoes
Manufacturer Ecco (ECCO) released its 2014 fiscal year report that the company's net income increased 9.1 percentage points to 1 billion 200 million euros in the past year from 1 billion 100 million euros in the previous year.
Ecco
2014 earnings highlights:
Pre tax profits rose from 165 million euros to 176 million euros, an increase of 6.6% over the previous year; pre tax profits accounted for more than 15% of net income.
After tax profits increased from 106 million euros to 114 million euros, an increase of 7.6% over the same period last year.
Net income rose from 1 billion 100 million euros to 1 billion 200 million euros, an increase of 9.1% over the same period last year.
Shareholders' equity rose from 462 million euros to 532 million euros, an increase of 15.2% over the same period last year.
Ecco
Leatherwear
Revenue for the first time is more than 100 million euros.
Ecco said 2014 was an important year for their strategic development.
"In the next few years, the focus will be on investing in consumer oriented activities and pursuing a more dynamic growth model."
Steen Borgholm, CEO of Ecco explains.
Ecco plans to have more than 400 new stores in the world in the next 6 years, and its investment in sales and retail sales will exceed 75% in 2015.
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The shoe industry in Mexico can be traced back to Columbo's discovery of the new continent.
Small and micro enterprises account for about 85%, and the number of employees employed directly or indirectly is 600 thousand.
At present, there are about 8000 shoemaking enterprises and 3300 in Guanajuato, Mexico, which play a vital role in Mexico's economy.
Mexico buys an average of 2.5 pairs of shoes per person per year. Of the 250 million pairs of shoes it produces, 200 million are used for export, while the import volume is 600 million pairs.
The main export destination of Mexico shoes is the United States, followed by Canada and Japan.
The advantage of Mexico shoes relative to its competitors lies in the perfect supply chain, skilled shoemaking workers and good communication infrastructure.
In addition, the price of shoes in Mexico is relatively reasonable, and many traditional shoe manufacturing bases in China support the healthy development of shoemaking industry.
The shoe industry in Mexico is facing the same problem as international competitors.
In recent years, the global economic recession has had an impact on domestic and international market demand, and therefore faces some challenges.
Mexico shoe makers should make some adjustments, such as keeping their eyes locked in boots, because boots are now popular in the international market.
The United States is the most important shoe market in the world. No matter what the advantages of Mexico joining the North American Free Trade Area, Mexico's proximity to the United States and the near superiority of Mexico shoes in the US market are not to be mentioned.
In a word, Mexico shoes and textile industry should pform international competition pressure into innovation power and opportunity to adapt to international and domestic market changes, so that Mexico shoes and textile industry can have a bright future.
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