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Article Date: May 1998
Word Count: 236

FOOTACTION tidbits from the FOOTSTAR 10-K


FOOTACTION tidbits fromthe FOOTSTAR 10-K: Footwear accounted for 78 per cent of1997 sales compared to 77 per cent in 1996 and 1995. Apparel sales,meanwhile, fell to 16 per cent of the chain's $607.7 million inrevenues with accessories accounting for the remaining 6 per cent.++++Estimatesthat 33 per cent of Footaction shoppers and 41 per cent of itssales in FY97 were generated by teens ages 12 to 17.++++Nike,Fila, Reebok and Adidas accounted for 85 per cent of Footaction'sFY97 revenues with Nike holding the highest (yet unspecified)percentage.++++More than half the sales generated by the specialtychain's 550 units came from branded exclusives.++++Had just 50stores ... Log in to view full article.

 


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