Results
Skechers announces sales increase
The US-based footwear giant has reported record first quarter sales of 1.82 billion US dollars, which reflects an increase of 26.8%, as compared to the same period of last year
Kering reports solid performance
The French-based luxury group posted solid growth in the first quarter of 2022. However, COVID-19 restrictions in China since March have weighed down on results, especially Gucci’s
Hermès reports strong sales across all segments
The French-based luxury group reached revenue of 2.77 billion euros in the first quarter of 2022, thanks to the acceleration in all the business lines and sustained growth in leather goods
Digitization and new consumer trends drove growth in 2021
2020 was a challenging year for most companies thanks to the outbreak of the COVID-19 pandemic, which led to severe supply chain disruptions throughout the globe, periods of halting in operations and physical retail, and an increase in raw materials and transportation costs. However, by mid-2021, there were already signs that things were taking a turn for the better, and some companies have managed to equal and even exceed their pre-pandemic performances. We took a look into the full-year 2021 results of some of the largest companies worldwide to observe how they pulled through the challenges brought by the COVID-19 pandemic
LVMH off to a good start in 2022
The luxury group reported revenue growth in the first quarter of 2022, but remains vigilant due to "the current geopolitical context and the ongoing impact of the pandemic”, especially in China
Designer Brands plans to double sales by 2026
The North-American designer, producer and retailer of footwear and accessories has announced that it expects to reach a 4 billion US dollars revenue by 2026
H&M posts profit
The Sweden-based fashion group reported net sales growth in the first quarter of the current fiscal year, amidst concern over the impact of the Russia-Ukraine war
Stella confirms growth
The Hong Kong-based footwear manufacturer and retailer has reported audited results for fiscal 2021, confirming revenue growth over 2020, and announcing a new investment in Indonesia
Nike posts third quarter results
The US-based company reported revenue growth in the third quarter of the current fiscal year, driven by a good performance of Nike’s direct business
Yue Yuen turns around
The company posted revenue growth of 1% to 8.53 billion US dollars over the full year 2021, as compared to the previous year, amidst a challenging operating environment
Designer Brands posts full year 2021 results
The North-American designer, producer and retailer of footwear and accessories has reported fourth quarter record sales of 822.6 million USD and full year revenue of 3.2 billion USD
Inditex posts sales above pre-pandemic levels
The group reported revenue of 27.72 billion euros in 2021, despite COVID-19's impact in the first and fourth quarters. Online channel continues to gain track, representing 25.5% of total sales
Shoe Carnival announces best year ever
The US-based footwear retailer has reported that net sales totalled 1.33 billion US dollars, the highest annual figure in the company’s record
Caleres announces revenue and earnings growth
The footwear group reported consolidated net sales of 2.78 billion US dollars in year 2021. “Record-setting” fourth quarter results have provided momentum for the beginning of fiscal 2022
adidas reports strong growth
The sportswear giant posted currency-neutral sales growth of 16% in 2021 over the prior year, reaching 21.23 billion euros, despite disruptions in the Greater China and Asia-Pacific markets-
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