Quarter Results
Crocs posts strong first quarter
The US-based casual footwear company kicked off the year with a first quarter revenue growth of 6.2% over the same period of last year, driven by the performance of the Crocs brand
Amazon announces first quarter results
A solid start to 2024 for the Seattle-based online giant. Amazon reported a 13% year-over-year increase in net sales in the first quarter, with all segments contributing to the result
adidas surprises in the first quarter
The German-based company had a strong start to the year, beating expectations for sales, gross margin and operating profit. This performance appears to mark a turnaround for adidas after a tough 2023
Skechers starts 2024 on a positive note
The US-based footwear company has posted a better-than-expected performance in the first quarter, with sales up by 12.5% on the same period of last year to 2.25 billion US dollars
Miu Miu drives growth for Prada
The Italy-based luxury group posted a strong performance in the first quarter of the year, with the Miu Miu brand standing out with a retail sales growth of 89% as compared to the same period in 2023
Hermès reports strong first quarter
The luxury group reported a first quarter sales growth of 17% at constant exchange, as compared to the same period of last year, “with solid activity in all geographical areas”
Sales decline at Columbia Sportswear
The US-based company posted a 6% year-over-year decline in the first quarter of 2024, in line with previous expectations, due to a general slowdown in demand and a difficult competitive environment
2023: a year of mixed results in casual and outdoor
In a challenging year for retail, marked by high inflation and weaker consumer demand, we looked at how some of the key players in the casual and outdoor segment are faring and whether some may be poised for a comeback
Primark reports strong sales growth in the H1
Associated British Foods (ABF) has reported strong sales growth for Primark in the first half of the year, highlighting that the Christmas season helped to offset the impact of a slow start to the cold season
Kering expects H1 recurring operating income to decline by 40-45%
The French-based luxury giant expects its first half operating profit to plummet by 40% to 45%, after reporting a 10% year-over-year fall in sales, largely due to the weak performance of Gucci
Asos announces stock reduction ahead of target
The online retailer widened its losses in the first half of its fiscal year, but said its turnaround plan was progressing well, highlighting that it had reduced its stock levels ahead of target
Better-than-expected first quarter prompts adidas to raise guidance
The German-based sportswear company has announced better-than-expected figures in its preliminary results for the first quarter of 2024, raising its full-year guidance in result
Sports category drives first quarter growth for Stella Holdings
The footwear manufacturer has reported an unaudited consolidated revenue increase of 18.9% year-on-year in the first quarter of 2024, mainly due to demand for sports products
New CEO at Dr. Martens as the outlook for FY25 worsens
The British footwear company has announced that Ije Nwokorie, currently Chief Brand Officer, will succeed Kenny Wilson as CEO, while admitting that the outlook for fiscal 2025 is challenging
Slow start to 2024 for LVMH
Amid a slowdown in demand for luxury and a challenging geopolitical and economic environment, the French-based luxury group has reported a 3% rise in revenue in the first quarter of 2024-
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