World Footwear

Quarter Results

Deckers ends fiscal 2024 strong

May 29, 2024 / United States
The US-based company has ended its fiscal year 2024 on a positive note. Strong performances from Hoka and Ugg led to an 18% year-on-year increase in full year net sales to 4.29 USD

Weak performance in China affects Tod’s first quarter turnover

May 28, 2024 / Italy
Ahead of the delisting, the Italian luxury group has reported a 6.7% year-on-year fall in turnover in the first quarter of the year, mainly due to a weak performance in the Chinese market

VF Corp fourth quarter losses widen

May 27, 2024 / United States
The US-based footwear company has ended its fiscal 2024 in the red, with fourth-quarter sales falling and losses widening. Vans has failed to take off and the US market remains challenging

On reports strong first quarter

May 27, 2024 / Switzerland
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

May 24, 2024 / United States
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

May 23, 2024 / Brazil
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

May 22, 2024 / United Kingdom
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

May 21, 2024 / Brazil
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

May 20, 2024 / Brazil
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

May 17, 2024 / United States
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

May 16, 2024 / Hong Kong
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

May 15, 2024 / Germany
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

May 15, 2024 / Italy
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

May 14, 2024 / United States
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

May 14, 2024 / United States
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
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