Bakers Footwear bucks positive trend
In spite of the general upswing in women’s footwear sales around the world,
For the thirteen weeks ended August 4, net sales decreased 11% to $42 million, from $47.2 million in the same period a year earlier, whilst comparable store sales slipped 18.3%. For the first twenty-six weeks, net sales decreased 5.9% to $91.2 million, compared with $97 million.
The company cited an unfavourable response to sandals as the main factor behind the declines.
Bakers operates over 250 stores across the