World Footwear

Quarter 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

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

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

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

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

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

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

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

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

Deckers with first billion-dollar revenue quarter

Feb 22, 2021 / United States
Strong direct to consumer and ecommerce performance have pushed Deckers to a record quarter with its first time billion-dollar quarter revenue

Revenue down by 13.0% at Mizuno

Feb 19, 2021 / Japan
The Osaka-based sportswear company reported revenue down by 13.0% in the first nine months of the current fiscal year. Sales decreased significantly in all regions due to the COVID-19 pandemic

Kering with sales slowdown

Feb 17, 2021 / France
Quarterly revenue at the French-based luxury group was down by 4.8% on a comparable basis to 4 billion euros, while sales at Gucci, the main segment of the Kering's revenue, contracted by 10.3% to 2.3 billion euros

Under Armour with 15% decline in 2020 revenue

Feb 16, 2021 / United States
The Baltimore-based announced unaudited financial results for the fourth quarter and fiscal year ended on the 31st of December 2020. Revenue was down by 15% in 2020 and by 3% in the last quarter

Revenue down by 14.1% at Wolverine

Feb 16, 2021 / United States
The Michigan-based footwear giant has announced third quarter revenue down by a two digits rate. E-commerce revenue grew by 56.4% in the period. Management expects return to meaningful growth to take place in the first quarter of FY 2021

Amazon announces year end results and CEO transition

Feb 15, 2021 / United States
The ecommerce giant announced its financial results for the fourth quarter and year ended on the 31st of December 2020. Founder and CEO Jeff Bezos will transition to the role of Executive Chair and Andy Jassy will become Chief Executive Officer
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