Quarter Results
Asics net sales grow by 45%
The Japan-based sportswear company posted a net sales growth of 44.6% in the first quarter of 2023, as compared to the same period of last year, driven by the rebound of the Asia region
Allbirds co-founder Tim Brown takes on a new role in the company
The co-founder and co-CEO of the Californian-based footwear brand has stepped down from his CEO role into Chief Innovation Officer. This move comes amid a round of lay-offs as losses mount
Yue Yuen first quarter revenue decreases
The Hong Kong-based group revealed that its early 2023 revenue has declined due to lower global footwear demand against a backdrop of “relatively high inventory levels” across the industry
Tod's sales grow by 23%
The Italian-based luxury group posted a 23.2% sales increase in the first quarter of 2023, as compared to the same period of last year, with all its brands posting double-digit revenue growth
Steve Madden starts the year with a mixed performance
The US-based company, which reported a first quarter revenue decline of 17.1% in 2023, year-over-year, reiterated its full year outlook amid a challenging macroeconomic environment
Prada posts strong first quarter performance
The Italian-based luxury group started 2023 with revenue growth of 22% in the first quarter, year-over-year, driven by the high desirability of both Prada and Miu Miu brands
Columbia Sportswear earnings decline
The US-based company reported a net sales increase of 8% in the first quarter of 2023, but a net income decrease of 31%, as compared to the same period of last year
Under Armour reports solid fourth quarter
The US-based company posted profits in the fourth quarter of fiscal 2023, on a comparable basis to the same period of fiscal 2022, and delivered full-year revenue and earnings in line with the previous outlook
Hugo Boss raises full year outlook
The German-based fashion group has raised its forecast for the current financial year on the back of strong results recorded in the first quarter of 2023, in which its sales rose by 25% year-on-year
Alpargatas posts a decline in revenue and profits
The Brazilian owner of Havaianas announced that it is looking to increase efficiency after posting a decline in revenue and profits in the first quarter of 2023. The company's CEO has resigned
Skechers announces first quarter results
The US-based footwear company has reported record sales of 2.00 billion US dollars in the first quarter of 2023, up by 10% as compared to the same period of the previous year
Puma reports solid performance
The German-based sportswear company posted double-digit growth of 14.4% in the first quarter of 2023, year-over-year, with a noteworthy performance of its direct-to-consumer channel
Amazon posts profit in the first quarter
The Seattle-based online retail giant reported a first quarter 2023 net income of 3.2 billion US dollars, as compared to a net loss of 3.8 billion US dollars in the same period last year
Crocs raises full year guidance
The US-based footwear company has raised its full year outlook as a result of a 34% revenue growth in the first quarter of 2023, as compared to the same period last year
Kering posts mixed first quarter performance
The French-based luxury group posted a 1% year-over-year marginal revenue growth in the first quarter of 2023, with Gucci slightly recovering from a 14% revenue decline in the fourth quarter of 2022-
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