Quarter Results
Shoe Carnival reports sales growth
The US-based footwear retail has reported a solid start to the fiscal year 2024, with a net sales growth of 6.8% in the first quarter as compared to the same period of last year
Sales decline at Geox
The Italy-based group has reported a sales decrease of 13.5% in the first quarter of the year, as compared to the same period of 2023, mainly due to the performance of the wholesale channel in all regions
Deckers ends fiscal 2024 strong
The US-based company has ended its fiscal year 2024 on a positive note. Strong performances from Hoka and Ugg led to an 18% year-on-year increase in full year net sales to 4.29 USD
Weak performance in China affects Tod’s first quarter turnover
Ahead of the delisting, the Italian luxury group has reported a 6.7% year-on-year fall in turnover in the first quarter of the year, mainly due to a weak performance in the Chinese market
VF Corp fourth quarter losses widen
The US-based footwear company has ended its fiscal 2024 in the red, with fourth-quarter sales falling and losses widening. Vans has failed to take off and the US market remains challenging
On reports strong first quarter
The sportswear company has reported a strong start to 2024, with a first quarter revenue and net income growth of 20.9% and 106.6%, respectively, as compared to the same period of last year
Under Armour to lay off staff as sales continue to fall
The Baltimore-based company has launched a restructuring plan for fiscal 2025, which includes the layoffs of an unspecified number of employees, after reporting weak fourth quarter and full year results
Domestic market drives modest growth for Grendene
The owner of Melissa and Ipanema has reported a net sales growth of 3.2% year-over-year in the first quarter of the year, driven by domestic demand. International market remains challenging
Burberry full year results hit by slowing luxury demand
The luxury group has reported a decline in both sales and profits amid a slowdown in demand for luxury goods, which particularly affected its performance in mainland China and the US
Arezzo starts the year on a positive note
The Brazilian footwear group, which owns brands such as Arezzo, Schutz and Anacapri, reported a strong start to 2024, with revenue and profit growth largely driven by the domestic market
Alpargatas reports strong first quarter
Havaianas’ parent company has reported a strong first quarter, with net revenue up by 3.2% year-over-year, driven mainly by the domestic market, and above all a return to profitability
Allbirds shows progress on losses
Amid a strategic turnaround plan, the Californian footwear brand narrowed its losses in the first quarter 2024, but still suffered a 27.6% year-over-year decline in sales due to lower demand
Yue Yuen talks of a gradual recovery trend
The Hong Kong-based footwear group saw a 4.9% decline year-over-year in the first quarter of 2024, but highlighted the 9.1% shoe shipment volume increase due to a more normalised order book
Puma reaffirms full-year outlook despite soft start
Despite a sluggish start to the year, with a sales growth of 0.5% year-over-year on a currency-adjusted basis, the German-based sportswear giant has maintained its full-year 2024 outlook
Ferragamo posts revenue decline
The Italy-based luxury group saw its revenue fall by 18% year-over-year in the first quarter of the year, mainly due to a weak Chinese market and a difficult wholesale environment-
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