BELGIUM: Shoe Group Brantano Q3 Turnover Up 8.9%
Shoe company Brantano has reported a consolidated turnover of €243.2 million for the first nine months of 2004 - a 5.8 per cent increase on the €229.8m recorded in the same period in 2003.
Turnover in the third quarter increased by 8.9 per cent to €87m.
Operations in Belgium and Luxembourg accounted for €102.6m of the group's turnover in the first three quarters, UK operations accounted for €122.7m, the Netherlands €12.1m and Denmark €5.9m.
The group opened one store in Belgium in the first nine months of 2004, as well as four in the UK.
Brantano currently has 125 stores in Belgium and Luxembourg, 133 stores in the UK, 39 stores in the Netherlands and 14 stores in Denmark, which, including 4 franchising stores in the Middle East, brings the total to 315.
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