Results
Shoe Zone raises full year guidance
The UK-based footwear retailer has raised its full year profit guidance for the second time in five weeks, following an “exceptional” sales month in June
Uniqlo's parent company posts revenue growth
The Japanese-based company posted a 21.4% increase in revenue from September 2022 to May 2023, as compared to the same period of last year, highlighting the performance of Uniqlo abroad in the third quarter
Dr Martens to focus on the Americas region
The British footwear brand reported that its first quarter trading was in line with its previous guidance, but emphasised the need to focus on the Americas region, which saw its revenue decline year-over-year
Burberry delivers a strong first quarter
The luxury group posted an 18% growth in comparable store sales in the first quarter of fiscal 2024, as compared to the same period of last year, driven by the ongoing recovery in Mainland China
Stella Holdings posts a slight improvement in the second quarter
The Hong Kong-based footwear manufacturer posted a slower decline in its consolidated revenue and shipment volume in the second quarter of the year, as compared to the previous quarter
H&M announces first half results
The Sweden-based company saw its sales increase in the first half of fiscal 2023, but underlined the negative impacts of high raw materials and freight costs combined with a strong US dollar on results
Ecco's 2022 earnings remained below pre-pandemic levels
The Danish-based footwear group reported a 30% rise in sales in 2022 over the previous year, but with earnings “considerably below pre-pandemic levels”, it added that results were not satisfactory
Nike posts a decline in profits
Despite seeing its revenue grow during the fourth quarter of fiscal 2023, the US-based company posted a 28% decline in net income from the same period of fiscal 2022
JD Sports reiterates full year outlook
After reporting a positive trading update for May, the UK-based retailer said that it maintains its outlook of 1.04 billion British pounds in profit before tax and adjusted items
Asos returns to profitability
Despite a third quarter revenue decline, the UK-based online retailer returned to profitability, saying that its turnaround strategy is starting to work. This led Frasers to increase its stake in the company
H&M releases second quarter sales development
The Sweden-based fast fashion company has reported that net sales in local currencies in the second quarter of fiscal 2023 were “flattish”, as compared to the same quarter of last year
Burberry reports full year revenue growth
The UK-based luxury group has posted a 10% rise in revenue during fiscal 2023 from the prior year, underlining a rebound in performance in the Mainland China in the fourth quarter
Golden Goose delivers revenue growth
The luxury sneakers brand saw its revenue grow by 20% in the first quarter of the year, as compared to the same period of 2022, due to “continued investment in and expansion of the retail channel”
Shoe Zone delivers positive trading update
The UK-based retailer reported that trading exceeded expectations during May and June due to strong early demand for summer products and lower container rates, which helped to improve margins
Designer Brands announces first quarter results
After seeing its sales and earnings decline in the first quarter of 2023, the North American company has decided to approach the rest of the year with “heightened” caution, lowering its full year guidance in result-
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