Lloyd Shoes GmbH, based in Sulingen, continued its growth path in the current 2023 financial year.
In the first eight months, sales exceeded the previous year’s level by 19.3 percent, the shoe supplier explained at the request of FashionUnited, thereby confirming the corresponding figures that Andreas Schaller, the management spokesman, had published on the social network Linkedin. With the latest increases, “the plan to exceed the pre-crisis level in 2023 has come within reach,” explained Schaller in his contribution.
Overall, the manager sees the company on the right path: “The consistent implementation of our jointly developed strategy, which has not yet been completed, is being rewarded by our customers on the retail and consumer side,” emphasized Schaller.
The future of the shoe manufacturer remains uncertain. At the end of June, the long-standing parent company Ara AG announced that it wanted to concentrate entirely on its core brand Ara Shoes in the future. Since then, Lloyd has been looking for investors who are interested in taking over and can “sustainably further develop” the label.