Results
Shoe Carnival: sales go down by 41.9% in quarter one
The Evansville-based retailer reported results for the first quarter ended on the 2nd May 2020 marked by a decline in sales of 41.9%, resulting mainly from all stores being closed for approximately 50% of que quarter
Burberry: sales decline by 27% in the last quarter
The British-based luxury fashion house was heavily impacted by the COVID-19 pandemic, with 60% of stores closed by the end of March. In the fourth quarter sales declined by 27%
Richemont with two-digit sales drop
The luxury group closed the financial year with a 2% growth in sales, but the last quarter (ended 31st March 2020) was heavily impacted by Covid-19
Stella's revenue down by 16% in quarter one
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
Shoe Zone cancels final dividend and expresses concerns with Covid-19
In the General Meeting held yesterday a special resolution to cancel payment of the final dividend from last financial year was approved. First semester results already reflect a drop in turnover
Ecco’s 2019 revenue up by 3.9%
The Denmark-founded brand announced what they have called a successful year with net sales of 1.360 million euros (1.309 million euros last year) and profit before tax of 196 million euros (201 million euros in 2018)
Virtual format for Wolverine's Annual Meeting of Shareholders
The Michigan-based company has announced it will hold its 2020 Annual Meeting of Shareholders in a virtual only format due to public health considerations arising the Covid-19 pandemic
Yue Yuen expands revenue
The Hong-Kong headquartered group has recorded revenue of 10 105 million US dollars in 2019, of which 6 000 were generated by the company’s manufacturing business and 4 105 from the retailing business
Burberry expects 30% drop in sales
The British-based luxury brand is already forecasting the hit from the impact of the Covid-19 pandemic. Burberry announced it is expecting a 30% decline in sales for the first quarter of 2020
Flat net sales at Genesco
In the last three months of the year, Genesco announced net sales of 678 million US dollars. The total for the complete year reached 2.2 billion US dollars
Caleres sales up by 3.1%
Despite the decline in consolidated sales in the fourth quarter (-3.0%), Caleres closed the year with a 3.1% increase in consolidated sales
Shoe Zone announces deferral of dividend payment
The company is planning to cancel its final dividend payment after witnessing a drop in footfall as a result of the Covid-19 pandemic
Dick's Sporting Goods with increasing sales
The US-based retail chain has announced an increase in sales in the last fiscal year (+3.7%). Dick's remains enthusiastic about the business in 2019 balancing it with a degree of caution over the coronavirus
Crocs closes the year with 13% hike in revenue
The famous clog brand has announced two digits growth rates for the fourth quarter of the year (+21.8%) and the full year (13.1%). Crocs closed the year with optimism, despite the coronavirus expected impacts
Wolverine with highest quarterly growth of the year
Mid-teens revenue growth from Merrell and Sperry in the fourth quarter drives good performance of the group. As a result, Wolverine recorded the highest quarterly growth of the year-
-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
Media Partners
Media Partners
-
SHOES-MAGAZINE.COM
La Conceria
Shoes Report
MPA Style