Quarter Results
Tapestry raises full year earnings guidance
The owner of Coach, Kate Spade and Stuart Weitzman has raised its earnings guidance for fiscal 2024 after posting better-than-expected revenue and profit growth in the second quarter
Another disappointing quarter for VF Corp
The parent company of Vans and The North Face posted a 16% year-over-year decline in revenue in the third quarter of fiscal 2024, largely due to a “shift in the timing of wholesale deliveries”
Kering’s revenue declines after trying 2023
The French-based luxury group has reported a 4% year-on-year decline in revenue in 2023, driven by weak performances of all its main Houses. Fourth quarter also disappointed
Columbia Sportswear warns of a challenging year ahead
The US-based company posted a year-on-year drop in profits in 2023, as well as a weak fourth quarter. It also warns of a challenging 2024, as economic and geopolitical uncertainty remains high
Deckers reports record quarterly revenue and earnings
The US-based footwear company has reported “record” third quarter revenue and earnings, driven by an “exceptional performance” from both the Hoka and Ugg brands
A strong 2023 for Skechers
The US-based footwear company has achieved record annual sales of 8.0 billion USD in 2023, up by 7.5% year-over-year, driven by a strong performance in the direct-to-consumer channel
H&M announces results for 2023, CEO steps down
The Sweden-based group has reported a 6% growth in net sales in 2023, as compared to the previous year. However, its CEO has stepped down amid sluggish sales at the start of the year
Dr. Martens third quarter revenue declines
Amid a challenging consumer environment, the iconic British footwear brand recorded an 18% year-over-year decline in sales on a constant currency basis in the third quarter of fiscal 2024
Puma announces preliminary results for 2023
The sportswear company highlighted the impact of the devaluation of the Argentine peso on its results, with currency-adjusted sales growth of 6.6% in 2023, as compared to the prior year
LVMH reports another strong year
The French-based luxury conglomerate highlighted a “remarkable performance” from its Fashion & Leather Goods business group, with organic revenue growth of 13% year-on-year in 2023
Stella Holdings full year revenue declines
The footwear manufacturer posted an unaudited consolidated revenue decline of 8.5% in 2023, on a comparable basis to the prior year, but posted a positive performance in the fourth quarter
Parent company of Uniqlo posts solid performance
Fast Retailing posted a revenue growth of 13.2% in the three months to the start of November 2023, as compared to the same period of 2022, driven by the performance of Uniqlo abroad
361 Degrees provides fourth quarter update
The Chinese-based company has issued an operational update on its fourth quarter performance, with retail sales of its 361º Kids brand standing out with 40% year-over-year growth
Burberry warns on profits as luxury demand slows
The British luxury group has once again cut its profit guidance for fiscal 2024, following a period of weak sales in December. It also warned of tough times ahead for the luxury sector as demand wanes
Genesco lowers full year earnings guidance
After posting weak Christmas sales, the Nashville-based footwear company has lowered its earnings guidance for fiscal 2024. Journeys continues to struggle-
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