Sales
Yue Yuen’s sales down by 16% in 2020
During the year under review, the group recorded revenue of 8.44 billion US dollars, representing a decrease of 16.4% compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic
Shoe Carnival with record quarterly net sales and net income
The Indiana-based retailer of footwear and accessories reported results for the fourth quarter and fiscal year ended on the 30th of January 2021. Shoe Carnival announced record quarterly net sales, net income and diluted net income per share
Zalando aims for 10% of Europe’s fashion market
After what they called a strong financial year, the ecommerce giant significantly upgraded its growth ambitions and now aims to grow Gross Merchandise Volume (GMV) to more than 30 billion euros by 2025. Zalando are aiming for 10% of the European fashion market in the long-term
Clarks was already in difficulties before COVID-19
The footwear group published its annual report with reference to fiscal year ending on the 1st of February 2020. The results don’t reflect the full impact of the pandemic in the business or the recent change in the ownership
Burberry adjusts forecast after sales rebound
The luxury fashion house headquartered in London has issued an unscheduled trading update ahead of the 27th of March 2021 financial year end
2020: more than 17 500 chain store outlets lost in Great Britain
As the COVID-19 pandemic triggered the worst decline on record: more than 17 500 chain store outlets disappeared from high streets, shopping centres and retail parks across Great Britain last year
Italian leather industry down by 26% in 2020
Taking the hit of the dissemination of the COVID-19 pandemic, the leather industry in Italy registered a decline in revenue of 26%. Exports were down by 27%
Ferragamo's revenue down by 33.5% in 2020
The Italian luxury house reported sales of 916 million euros in fiscal 2020, down by 33.5%. Salvatore Ferragamo announced it had suffered a net loss of 72 million euros in 2020, in an economic context highly affected by the COVID-19 pandemic
Online footwear sales reach 21.4% share in Italy
Assocalzaturifici, the Italian Footwear Manufacturers' Association, announced the results for 2020. After bringing the overall analysis yesterday, on production, exports and consumption, today we focus on the behaviours of online sales
Dick's Sporting Goods: closes 2020 with 9.5% increase in net sales
The Pittsburgh-based sportswear retailer announced fiscal 2020 results. The year was marked by a 9.5% increase in sales, despite the challenges of the COVID-19 pandemic
Retail sales down by 1.8% in Hungary
In the first month of 2021, the volume of retail sales decreased by 2.6% according to raw data and by 1.8% when adjusted for calendar effects compared to the same period of the previous year, according to data by the Hungarian Central Statistical Office (KSH)
Kohl's expects sales to increase by two digits in 2021
The US-based retailer has announced they currently expect full year 2021 net sales to increase in the mid-teens percentage range as compared to the prior year. Total revenue declined by 20.1% in fiscal 2020
Foot Locker: sales down by 5.7% in 2020
The sportswear giant has announced declining sales in 2020. Which did not come as a surprise given the COVID-19 scenario. The company’s Board of Directors approved a 33% boost in its quarterly dividend to 20 cents per share
Revenue down by 13.0% at Mizuno
The Osaka-based sportswear company reported revenue down by 13.0% in the first nine months of the current fiscal year. Sales decreased significantly in all regions due to the COVID-19 pandemic-
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