Results
Revenue down by 14.1% at Wolverine
The Michigan-based footwear giant has announced third quarter revenue down by a two digits rate. E-commerce revenue grew by 56.4% in the period. Management expects return to meaningful growth to take place in the first quarter of FY 2021
Prada with recovery in December to 2019 levels
The Italian luxury group has announced progressive volume recovery in all geographical areas, with marked revenue growth in Asia Pacific. Prada also confirmed a full recovery to 2019 levels in the month of December
Amazon announces year end results and CEO transition
The ecommerce giant announced its financial results for the fourth quarter and year ended on the 31st of December 2020. Founder and CEO Jeff Bezos will transition to the role of Executive Chair and Andy Jassy will become Chief Executive Officer
CCC: 2020 was not a bad year with sales broadly unchanged
The CCC Group ended the fourth quarter of 2020, which included January 2021, with sales broadly unchanged year on year. E-commerce grew by 84% year on year (Y-o-Y), with over 78% of sales generated via online channels in January alone
Designer Brands: net sales down by 30.1%
The Ohio-based company announced financial results for the three months ended on the 31st of October 2021. Net sales decreased by 30.1% to 652.9 million US dollars in the third quarter of fiscal 2020 compared to the same period last year
Burberry: store sales decline by 9%
The UK-based fashion house has announced third quarter results, marked by decline in retail revenue. Suffering the impact of COVID-19 in its retail network, comparable store sales declined by 9% in the quarter
Nike's revenue up by 9%
The Oregon-based sportswear giant has announced financial results for its second quarter ended on the 30th of November 2020. Revenue of the group in the period went up by 9%
Skechers: sales down by 11.9% in 2020
The California-based footwear giant has announced fourth quarter and full year results for the period ended on the 31st of December 2020. Despite yearly sales declined by 11.9%, fourth quarter sales decreased by only 0.5%
Shoe Carnival announces preliminary sales with 5.8% growth
The Indiana-based footwear retailer announced preliminary results for the fourth quarter of fiscal year 2020. The company is now expecting to report net sales increasing to approximately 253.9 million US dollars (239.9 million US dollars in Q4 2019)
Ferragamo: consolidated revenue down by 33.5%
The Florence-based group has announced preliminary consolidated revenue figures for financial year 2020. Ferragamo's consolidated revenue was down by 33.5% in 2020
H&M Group reports sales down by 18%
The Sweden-based fashion group announced net sales amounting to 187 031 million Sweden Krona (22.45 billion US dollars) in the 2020 financial year. In local currencies, net sales decreased by 18%
Asos sees UK sales climb by 36%
The UK-based marketplace ASOS, home to 900+ small businesses, has announced a trading update for the four months ended on the 31st December 2020 with revenue growth ”surpassing expectations”
2020 should be Crocs' best year
The brand of casual footwear for women, men, and children, known by its clogs, raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%
Caleres declares quarterly dividend
This dividend will be the 391st consecutive quarterly dividend paid by the company-
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