Quarter Results
On reports strong first quarter
The sportswear company has reported a strong start to 2024, with a first quarter revenue and net income growth of 20.9% and 106.6%, respectively, as compared to the same period of last year
Under Armour to lay off staff as sales continue to fall
The Baltimore-based company has launched a restructuring plan for fiscal 2025, which includes the layoffs of an unspecified number of employees, after reporting weak fourth quarter and full year results
Domestic market drives modest growth for Grendene
The owner of Melissa and Ipanema has reported a net sales growth of 3.2% year-over-year in the first quarter of the year, driven by domestic demand. International market remains challenging
Burberry full year results hit by slowing luxury demand
The luxury group has reported a decline in both sales and profits amid a slowdown in demand for luxury goods, which particularly affected its performance in mainland China and the US
Arezzo starts the year on a positive note
The Brazilian footwear group, which owns brands such as Arezzo, Schutz and Anacapri, reported a strong start to 2024, with revenue and profit growth largely driven by the domestic market
Alpargatas reports strong first quarter
Havaianas’ parent company has reported a strong first quarter, with net revenue up by 3.2% year-over-year, driven mainly by the domestic market, and above all a return to profitability
Allbirds shows progress on losses
Amid a strategic turnaround plan, the Californian footwear brand narrowed its losses in the first quarter 2024, but still suffered a 27.6% year-over-year decline in sales due to lower demand
Yue Yuen talks of a gradual recovery trend
The Hong Kong-based footwear group saw a 4.9% decline year-over-year in the first quarter of 2024, but highlighted the 9.1% shoe shipment volume increase due to a more normalised order book
Puma reaffirms full-year outlook despite soft start
Despite a sluggish start to the year, with a sales growth of 0.5% year-over-year on a currency-adjusted basis, the German-based sportswear giant has maintained its full-year 2024 outlook
Ferragamo posts revenue decline
The Italy-based luxury group saw its revenue fall by 18% year-over-year in the first quarter of the year, mainly due to a weak Chinese market and a difficult wholesale environment
Wolverine posts better-than-expected results
Despite a 34% drop in first quarter revenue, the US-based outdoor company, which is undergoing a turnaround plan, said results were better-than-expected. New CFO appointed
Brooks Running delivers record quarterly revenue
The Seattle-based company has posted “the highest quarterly results” in its history, with first quarter revenue up by 9% on the same period of last year. E-commerce business grew by 22% year-over-year
Solid start to the year 2024 for Rocky Brands
The US-based footwear manufacturer started the year on a positive note, with a net sales growth of 2.2% to 112.9 million US dollars on a comparable basis to the first quarter of 2023
Zalando reports improved financial results
The German-based online fashion retailer has reported a 1.3% increase year-over-year in gross merchandise volume in the first quarter of the year and a 29.6-million-euro reduction in losses
Steve Madden on an upward trajectory
Building on a positive fourth quarter in 2023, the New York-based footwear, accessories, and apparel designer reported continued growth in revenue and profits in the first quarter of the year-
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