Company ECCO Sko A/S
Country Denmark
Email n.a.
Telephone +45 74 91 16 25
Market Segment Bridge
Core Business Shoes

Ecco Financial Report 2018

 

Income Statement Trend

Net Sales

It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.

Operating Margin

ECCO Sko A/S doesn't provide the Operating Margin figure for Ecco.

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Income Statement Highlights

in Millions of EUR20152014Δ
2015/2014
2013Δ
2014/2013
CAGR
Net Sales      

Net Sales by Country

in Millions of EUR20152014Δ
2015/2014
2013Δ
2014/2013
CAGR
Europe and Middle East      
Asia      
North America      
 

ECCO Sko A/S Financial Report

Income Statement Trend

Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

in Millions of EUR20152014Δ
2015/2014
2013Δ
2014/2013
CAGR
Total Revenue      
Cost of Sales      
Gross Profit      
Operating Income      
Net Income      

Balance Sheet Highlights

in Millions of EUR20152014Δ
2015/2014
2013Δ
2014/2013
CAGR
Current Assets      
Total Assets      
Current Liabilities      
Equity      

Official Websites

Ecco website
Ecco ecommerce

Official Social Media

Brand Description

Establishment

Year
1963
City
Bredeboro
Country
Denmark

Founder

Karl Toosbuy

Designer

Team of designers

Profile

ECCO was established in 1963 by Karl Toosbuy in the small town of Bredebro in southern Denmark. Toosbuy founded the company on the philosophy that “shoes must follow the foot” and not the other way around. His idea was to produce shoes that combined innovative technology, Scandinavian design, and traditional craftsmanship with an understanding of the human foot, and how it works.

In 1978, the company made its first real breakthrough, and gained widespread international recognition for its comfort footwear, when it launched the "Joke" shoe, followed by the classics "Free" and "Time". These shoes were the first in the world to feature a sole imprinted with the manufacturer's logo. Over eight million pairs of shoes from this group have been sold since then.

Throughout the 1980s, the company expanded its operations internationally. By 1982, sales reached 1 million pairs of shoes annually. In order to accommodate the increasing demand additional production was established in Portugal, and under licence in Japan and Cyprus.

The 1990s saw major additions in the ECCO collection, including the launch of Kids, Golf and Performance shoes. ECCO built its own research and design center, named "Futura", in Denmark in 1996, since 2009 Portugal is the R&D center of ECCO and opened its own beam-house in Indonesia and tannery in Thailand a few years later. In 1998 the first flagship retail store opened on Oxford Street, in London. By 2000, ECCO owned every step of the production process, from design and leather production to branded retail sales.

When Karl Toosbuy died in 2004 his daughter Hanni Toosbuy Kasprzak became owner of ECCO and Chairwoman of the Managing Board. Under her ownership ECCO continued to expand internationally, and from 2005-2008 ECCO opened a state-of-the-art leather tannery and shoe factory in Xiamen, China.

In 2009 ECCO’s sports categories saw increased publicity when ECCO launched a new running shoe concept called BIOM, based on the philosophy of “Natural Motion”. ECCO’s new line of golf shoes also enjoyed a surge of popularity in 2010 when ECCO-sponsored golfer Fred Couples received worldwide media attention for his ECCO "Golf Street" golf shoes during the 2010 Masters golf tournament. In 2010, ECCO opened its first Performance retail specialty store in Shanghai, China.

Business Strategy

Market Positioning

Bridge

Core Business

Shoes

Target

Men
Women
Kids

Product Categories

Accessories
Bags
Shoes
Underwear & Lingerie
 

ECCO Sko A/S profile

Name ECCO Sko A/S
Website global.ecco.com/en/company
Country Denmark
VAT Number n.a.
Telephone +45 74 91 16 25
Fax +45 74 71 03 60
Date of foundation 1963
Type of Company Private

Headquarters

Industrivej 5 DK - 6261 Bredebro

Ownership (Top Shareholders)

Ecco Holding A/S: 100%

ECCO Sko A/S Brands

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