footwear creator Weyco Group, Inc. reported a strong end to 2014
with the fourth quarter seeing an increase of sales of 21 percent
compared to the same period in 2013.
According to the announcement, net sales for the fourth quarter of
2014 were $95.3 million, a sizeable increase compared to $78.5
million during the fourth quarter of 2013. Earnings from operations
were $13.4 million in the fourth quarter of 2014, up 24 percent as
compared to $10.8 million in 2013.
“We are excited about the growth of our BOGS brand this year, which
was fueled by the growing popularity of the brand in both the U.S.
and Canada,” said Thomas W. Florsheim Jr., chairman and CEO, in a
statement. “We are also encouraged by the positive momentum our
legacy brands enjoyed during the second half of the year. As we
embark on 2015, we feel our brands are well-positioned in their
respective markets for future growth.”
Weyco Group, Inc., designs and markets quality footwear for men,
women and children under a portfolio of well-recognized brand names
including Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi.