Unaudited consolidated revenue increased by approximately 58.1% to 392.1 million US dollars for the three months ended on the 30th of June 2021 and increased by 36.1% to 695.5 million US dollars for the six months ended on the same day
In a business update provided to the market, Stella confirmed the Group’s unaudited consolidated revenue increased by 15.3% to approximately 303.4 million US dollar, compared to approximately 263.2 million US dollar for the corresponding period in 2020
The group’s consolidated revenue for the year ended on the 31st of December 2020 declined by 26.5% to 1 135 million US dollars, while shipment volumes for the year declined by 26.9% to 43.4 million pairs
One of the largest footwear manufacturers reported first quarter revenue down by 16%. Stella was also impacted by the outbreak of the Covid-19 in China and diffusion across the world
The footwear giant announced the first results of the year. Revenue in the first quarter of the year was marked by a 6.1% increase compared to similar period last year
After announcing that its fashion athletic products drove 5.9% volume growth, Stella International also confirmed they will continue to cut production capacity in China
The Hong Kong-based footwear group has announced a recovery of its footwear shipments in the last quarter of 2017, mainly led by casual and fashion products