Results

Revenue down by 26.5% in 2020 at Stella

Mar 19, 2021 / Hong Kong

The group’s consolidated revenue for the year ended on the 31st of December 2020 declined by 26.5% to 1 135 million US dollars, while shipment volumes for the year declined by 26.9% to 43.4 million pairs

Companies Footwear Hong Kong Manufacturing Results Retail Shoes Stella

Wolverine exceeds expectations in fourth quarter and aims for strong recovery in 2021

Mar 18, 2021 / United States

The US-based footwear giant has announced fourth-quarter revenue exceeding expectations. Performance in owned eCommerce and two largest brands, Merrell and Saucony, give Wolverine prospects of a strong recovery in 2021

Brands Companies Coronavirus - Covid19 ecommerce Footwear Online Quarter Results Results United States Wolverine Worldwide, Inc.

Prada: 24% drop in revenue and 200% growth in the online business

Mar 16, 2021 / Italy

Total net sales for the twelve months ended on the 31st of December 2020 totaled 2.39 billion euros, down by 23.6% at constant exchange rates (down by 24.9% at current exchange rates) compared with approximately 3.18 billion euros in 2019

Brands Companies Coronavirus - Covid19 Fashion Footwear Italy Luxury Prada Quarter Results Results

H&M sales fall by 21%

Mar 15, 2021 / Sweden

In the first quarter of 2021 H&M group’s net sales decreased by 21% in local currencies compared to similar period in the previous fiscal year. The Sweden-based group’s net sales amounted to 40 060 million Swedish Krona in the period

Brands Companies Coronavirus - Covid19 Fashion Footwear Quarter Results Results Retail Sweden

Italy with sharp fall in turnover, production and exports in 2020

Mar 11, 2021 / Italy

The COVID-19 pandemic has hit the Italian footwear industry hard, with double-digit reductions across all the main variables, according to Assocalzaturifici, the Italian Footwear Manufacturers' Association

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Dick's Sporting Goods: closes 2020 with 9.5% increase in net sales

Mar 10, 2021 / United States

The Pittsburgh-based sportswear retailer announced fiscal 2020 results. The year was marked by a 9.5% increase in sales, despite the challenges of the COVID-19 pandemic

Brands Companies Coronavirus - Covid19 Dicks Sporting Goods Footwear Quarter Results Results Sales Shoes United States

Inditex: sales down by 28% in 2020

Mar 10, 2021 / Spain

The Spanish-based retail group Inditex also generated profit of 1.1 billion euros in its 2020 financial year, with the figures attributed to a leap in online sales and strong customer engagement

Brands Companies Coronavirus - Covid19 Fashion Footwear Manufacturing Results Retail Spain

Nordstrom sales drop by 20%

Mar 9, 2021 / United States

The Seattle-based luxury department store has announced results for the fourth quarter and fiscal year ended on the 30th of January 2021. Annual sales were down by 20%. Digital sales reached 2 billion US dollars and represented 54% of the business

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Kohl's expects sales to increase by two digits in 2021

Mar 3, 2021 / United States

The US-based retailer has announced they currently expect full year 2021 net sales to increase in the mid-teens percentage range as compared to the prior year. Total revenue declined by 20.1% in fiscal 2020

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Farfetch reaches profitability

Mar 2, 2021 / United Kingdom

The luxury e-commerce platform has announced revenue in 2020 which increased by 64% to 1.7 billion US dollars, with future sights set on China, after investments and deals made last year

Brands Companies ecommerce Fashion Footwear Quarter Results Results United Kingdom

Foot Locker: sales down by 5.7% in 2020

Feb 26, 2021 / United States

The sportswear giant has announced declining sales in 2020. Which did not come as a surprise given the COVID-19 scenario. The company’s Board of Directors approved a 33% boost in its quarterly dividend to 20 cents per share

Brands Companies Coronavirus - Covid19 Foot Locker, Inc. Footwear Quarter Results Results Sales Shoes Sportswear United States

Steve Madden: revenue down by 32.8%

Feb 25, 2021 / United States

The US-based footwear brand has reported its results for the fourth quarter and year ended on the 31st of December 2020. Steve Madden's revenue was down by 32.8% in 2020

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Crocs: record revenue in 2020

Feb 24, 2021 / United States

The brand known for its clogs just posted the highest quarterly revenue in its history. Record 2020 revenue of 1.4 billion US dollars increased 12.6% over last year. Digital sales grew 50.2% in 2020 to represent 41.5% of revenue

Brands Companies Coronavirus - Covid19 Crocs ecommerce Footwear Online Quarter Results Results Retail Shoes United States

Asian recovery helps Hermès to limit impact of the crisis in 2020

Feb 23, 2021 / France

The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe

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