At last, a footwear company outside of the top-end luxury range has succeeded in posting positive results.

American designer, wholesaler and retailer of moderately-priced and better-grade men's branded footwear Weyco Group, Inc., has even gone so far as reporting record results for 2007, despite the economic slowdown. The company, whose principal brands include Florsheim, Nunn Bush, and Stacy Adams, posted net sales of $232.6 million for the year, up 5% from the $221 million reported in 2006.

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