World Footwear

Quarter Results

361 Degrees posts double-digit revenue growth

Sep 7, 2023 / China
The Chinese-based activewear company recorded an 18% revenue increase in the first semester of the year, as compared to the same period in 2022, driven by a boost in domestic consumption

Schuh's performance stands out in the second quarter

Sep 6, 2023 / United States
Against a difficult operating environment, Genesco emphasised the second quarter 21% sales growth at Schuh, as compared to the prior year, which helped offset Journey's continued declining performance

Caleres reiterates its guidance for fiscal 2023 despite falling sales and profits

Sep 4, 2023 / United States
The US-based company reiterated its full year outlook, after posting a “strong” consolidated operating margin and better-than-expected adjusted earnings per share in the second quarter

Grendene's sales decline in the second quarter

Sep 1, 2023 / Brazil
Despite posting a weak second quarter performance in 2023, the Brazilian owner of the Melissa and Ipanema brands is pleased with its first half and confident for the remaining year

Shoe Carnival lowers full year guidance

Aug 31, 2023 / United States
Despite seeing an improvement over the first quarter of 2023, the US-based retailer still posted a year-on-year decline in net sales and profits in the second quarter, thus reducing its full year outlook

Foot Locker further reduces its full year outlook

Aug 30, 2023 / United States
As its total sales fell for the second consecutive quarter in the three months to the end of June due to continued weak demand, the US-based retailer lowered again its full year outlook

Farfetch remains optimistic despite stumbles in the second quarter

Aug 29, 2023 / United Kingdom
The UK-based luxury platform posted a small drop in revenue in the second quarter of 2023, as compared to the same period of 2022, while profits remain in the red zone since the first quarter

Amazon reports solid second quarter

Aug 29, 2023 / United States
After a strong first quarter, the Seattle-based online retail giant continued its positive trajectory, once again reporting net sales and profit growth in the second quarter of 2023

Yue Yuen posts revenue and profits decline

Aug 28, 2023 / Hong Kong
The Hong Kong-based footwear group announced that this year's first half revenue declined by 11.8% year-over-year, while the profit attributable to its owners fell by 52.2% year-over-year

High stock levels weigh on Alpargatas' overall performance

Aug 28, 2023 / Brazil
The owner of Havaianas and Rothy's posted a revenue and profits decline in the first half of 2023 due to high inventory levels, as well as inefficiencies in its overall operation

Under Armour reiterates its full year guidance

Aug 15, 2023 / United States
The US-based company posted a solid first quarter in fiscal 2024, stressing the performances of the international and direct-to-consumer segments, and confirmed its previous full year guidance

Zalando's EBIT up by 87% in the second quarter

Aug 14, 2023 / Germany
The German-based online retailer posted an 87% increase in EBIT in the second quarter of the current year from the same period in 2022, despite a slight decline in GMV and revenue

Ferragamo's revenue and profit dropped in the first half

Aug 11, 2023 / Italy
The luxury group reported a 4.8% fall in revenue in the first half of 2023, as compared to the same period of 2022. In addition, net profit for the period plunged by 65.4% year-on-year

adidas reports second quarter results

Aug 11, 2023 / Germany
The company reported growth flat in the second quarter and first half of 2023, but added that is seeing some improvement in its performance, also due to the sale of Yeezy inventory

Steve Madden posts decline in revenue

Aug 10, 2023 / United States
The New York-based designer and marketer of footwear, accessories and apparel posted a 16.8% revenue decline in the second quarter of 2023, as compared to the same period of last year
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