Sustainable Brand Benchmark - Weyco Group

Weyco Group Inc. is a leading designer, marketer, and distributor of footwear for casual, business, fashion, and dress lifestyles. The company's product portfolio includes leather dress shoes, casual footwear made from man-made materials or leather, outdoor boots, shoes, sandals, and more. In addition, Weyco offers apparel and accessories.

Weyco's products are sold through major footwear, department, and specialty stores worldwide. The company's brands include Florsheim, Nunn Bush, Stacy Adams, BOGS, Forsake, and Rafters. Weyco has licensing agreements with third parties in the US, Mexico, and certain markets overseas.

The company has a strong presence in South Africa, Asia-Pacific, and Europe. Weyco is headquartered in Milwaukee, Wisconsin, US.

For the fiscal year ended December 2021, Weyco reported revenues of US$267.6 million, an increase of 37% over the previous fiscal year. The company's operating profit was US$25.7 million in FY2021, compared to an operating loss of US$7.6 million in FY2020. Weyco's net profit was US$20.6 million in FY2021, compared to a net loss of US$8.5 million in FY2020.

In the second quarter ended June 2022, Weyco reported revenues of US$74.4 million, a decrease of 8.6% over the previous quarter.