ECCO continued its strong performance in 2019 – but COVID-19 challenges the 2020 result
Bredebro, Denmark2019 was a successful year for ECCO with net sales of EUR 1.360 million (2018: EUR 1.309 million) and profit before tax of EUR 196 million (2018: EUR 201 million). ECCO in 2019 showed progress on many fronts in spite of many challenges. “Our global strategy with regional and local adaptations proved successful, and not least ECCO’s growing hybrid and athleisure categories were successful”, says ECCO’s CEO Steen Borgholm. Investments in Direct-to-Consumer sales continued in 2019, where net sales from retail and e-commerce combined grew by 10.9%. Online sales grew by 22.