The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Graham Ian Renwick - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: Just firstly, on DTC, what was the growth specifically in DTC sales in the U.S., EMEA, in China? And how did that compare versus Q1?
And just to confirm a small part B to the question, DTC was about 40% of sales in Q2. I think you mentioned earlier that is the right mix now for the
business. So going forward into '24 and beyond, should we expect that 60-40 mix and for retail and wholesale growth to be more balanced?
And just on the Terrace shoes, -- you've obviously talked about the extraordinary demand for Samba also Gazelle, Campus, although relatively
small volumes at the moment. How quickly should we be expecting Samba and the Terrace shoes to be ramping up in the second half and into
'24. I think previously, you said that Samba's perhaps started the year a few hundreds or thousands of units, maybe going to 1 million this year, but
what does it look like next year? Could it be in the order of 15 million, 20 million units that we saw for Superstar back in 2016? So any sort of numbers
or help there would be very useful.
Question: Jurgen Kolb - Kepler Cheuvreux, Research Division - Analyst
: Trying to behave and limit myself to 2 questions. First one on running. Bjorn, you indicated that running overall was down. And if we would take
out the U.S., it was up nevertheless, However, I'm a bit surprised to see the whole category to be down and apparently, it must have been down
quite a bit in the U.S. because you obviously had a lot of new products coming to the market.
So has there been any specific adjustments that you had to do with the -- on the distribution side? Or was that broadly expected for the second
quarter in this specific category?
And then secondly, you talked a lot about product innovations and product introductions. Do you think you've changed something in the overall
product life cycle management within the company that is coming through as of now for the future? Or is it basically still the same, just doing a
little bit more or a better execution?
Question: Jurgen Kolb - Kepler Cheuvreux, Research Division - Analyst
: Indeed, indeed. There is a picture, unfortunately.
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