Quarter Results
Allbirds shows progress on losses
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
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
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
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
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
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
Solid start to the year 2024 for Rocky Brands
The US-based footwear manufacturer started the year on a positive note, with a net sales growth of 2.2% to 112.9 million US dollars on a comparable basis to the first quarter of 2023
Zalando reports improved financial results
The German-based online fashion retailer has reported a 1.3% increase year-over-year in gross merchandise volume in the first quarter of the year and a 29.6-million-euro reduction in losses
Steve Madden on an upward trajectory
Building on a positive fourth quarter in 2023, the New York-based footwear, accessories, and apparel designer reported continued growth in revenue and profits in the first quarter of the year
Crocs posts strong first quarter
The US-based casual footwear company kicked off the year with a first quarter revenue growth of 6.2% over the same period of last year, driven by the performance of the Crocs brand
Amazon announces first quarter results
A solid start to 2024 for the Seattle-based online giant. Amazon reported a 13% year-over-year increase in net sales in the first quarter, with all segments contributing to the result
adidas surprises in the first quarter
The German-based company had a strong start to the year, beating expectations for sales, gross margin and operating profit. This performance appears to mark a turnaround for adidas after a tough 2023
Skechers starts 2024 on a positive note
The US-based footwear company has posted a better-than-expected performance in the first quarter, with sales up by 12.5% on the same period of last year to 2.25 billion US dollars
Miu Miu drives growth for Prada
The Italy-based luxury group posted a strong performance in the first quarter of the year, with the Miu Miu brand standing out with a retail sales growth of 89% as compared to the same period in 2023
Hermès reports strong first quarter
The luxury group reported a first quarter sales growth of 17% at constant exchange, as compared to the same period of last year, “with solid activity in all geographical areas”-
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