Nice Footwear, an Italian company specialzing in sneakers, has reported orders for more than €12 million for the spring/summer season and expects to finish the full financial year, ending on April 30, 2021, with sales of more than €20 million in spite of the Covid-19 pandemic. In the last financial year, the top line totalled €23.5 million, up from €17 million in the previous financial year. In the first half ended on Oct. 31, the company posted Ebitda of €672,546 against €978,054 the previous year, as its overall revenues fell by 35.4 percent to €8.01 million. Net profit slipped to €78,703 from €345,228. The management indicated that it is in negotiations with two new international brands, while two others are in the “pipeline.” Based in the northern Italian town of Vicenza, Nice Footwear holds licenses for Ellesse, Avirex and Conte de Florence and produces white label sports and casual footwear for third parties. The company has worked with Lumberjack, Dainese, U.S. Polo Association, Etonic, Skechers, Blauer, Napapjiri, Guardiani, Sparco and Champion. It also has a proprietary brand, Kronos, that specializes in sports shoes, mainly for basketball and football.