World Footwear

Quarter Results

VF reports a revenue decline

May 24, 2023 / United States
The US-based company posted a decrease in revenue and profits in the last quarter of fiscal 2023, but stressed that it has already improved its performance in terms of supply challenges

Farfetch announces first quarter results

May 22, 2023 / United Kingdom
The UK-based luxury online retailer posted an 8.1% revenue growth in the first quarter of 2023, as compared to the same period of last year, but a profit loss of 174.3 million US dollars

Vulcabras posts a 54.8% increase in net profit

May 19, 2023 / Brazil
The Brazilian-based company of sports footwear reported “strong growth” in the first three months of the year, despite an “unstable macroeconomic scenario and a challenging retail environment”

Rocky Brands records a sharp decline in net sales

May 19, 2023 / United States
The Ohio-based footwear manufacturer reported a 33.9% decline in net sales in the first quarter of 2023 from the same period a year earlier due to excess inventory at many of its customers

Wolverine Worldwide reiterates full year outlook

May 18, 2023 / United States
The US-based company posted a first quarter revenue decline in 2023 of 2.5% year-over-year, but delivered earnings slightly above its expectations, thus reiterating its yearly guidance

Asics net sales grow by 45%

May 18, 2023 / Japan
The Japan-based sportswear company posted a net sales growth of 44.6% in the first quarter of 2023, as compared to the same period of last year, driven by the rebound of the Asia region

Allbirds co-founder Tim Brown takes on a new role in the company

May 17, 2023 / United States
The co-founder and co-CEO of the Californian-based footwear brand has stepped down from his CEO role into Chief Innovation Officer. This move comes amid a round of lay-offs as losses mount

Yue Yuen first quarter revenue decreases

May 17, 2023 / Hong Kong
The Hong Kong-based group revealed that its early 2023 revenue has declined due to lower global footwear demand against a backdrop of “relatively high inventory levels” across the industry

Tod's sales grow by 23%

May 16, 2023 / Italy
The Italian-based luxury group posted a 23.2% sales increase in the first quarter of 2023, as compared to the same period of last year, with all its brands posting double-digit revenue growth

Steve Madden starts the year with a mixed performance

May 15, 2023 / United States
The US-based company, which reported a first quarter revenue decline of 17.1% in 2023, year-over-year, reiterated its full year outlook amid a challenging macroeconomic environment

Prada posts strong first quarter performance

May 12, 2023 / Italy
The Italian-based luxury group started 2023 with revenue growth of 22% in the first quarter, year-over-year, driven by the high desirability of both Prada and Miu Miu brands

Columbia Sportswear earnings decline

May 12, 2023 / United States
The US-based company reported a net sales increase of 8% in the first quarter of 2023, but a net income decrease of 31%, as compared to the same period of last year

Under Armour reports solid fourth quarter

May 11, 2023 / United States
The US-based company posted profits in the fourth quarter of fiscal 2023, on a comparable basis to the same period of fiscal 2022, and delivered full-year revenue and earnings in line with the previous outlook

Hugo Boss raises full year outlook

May 11, 2023 / Germany
The German-based fashion group has raised its forecast for the current financial year on the back of strong results recorded in the first quarter of 2023, in which its sales rose by 25% year-on-year

Alpargatas posts a decline in revenue and profits

May 10, 2023 / Brazil
The Brazilian owner of Havaianas announced that it is looking to increase efficiency after posting a decline in revenue and profits in the first quarter of 2023. The company's CEO has resigned
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