World Footwear

Quarter Results

H&M’s operating performance improves in the first quarter

Apr 3, 2024 / Sweden
Despite a slight decline in net sales, the Sweden-based fashion group surprised with a “substantial improvement” in operating profit and total profit in the first quarter of its fiscal year

A slight increase in revenue for Nike

Mar 28, 2024 / United States
The US-based company has reported a slight increase in revenue on both a reported and currency basis in the third quarter of fiscal 2024, as compared to the same period of the prior fiscal year

Designer Brands announces fourth quarter and full year results

Mar 28, 2024 / United States
The North American company ended the fiscal year 2023 with better-than-expected results due to its brand portfolio, but highlighted the challenging environment it faced

Shoe Carnival delivers consistent fourth quarter results

Mar 27, 2024 / United States
The US-based footwear retailer reported fourth quarter and full year 2023 results in line with previous expectations, highlighting the positive contribution from the December holiday season

Remarkable performance by Temu owner PDD

Mar 25, 2024 / China
The Chinese e-commerce group PDD Holdings reported a “pivotal” year in the company's history, with revenue up by 123% year-on-year and profits up by 146% in the fourth quarter, driven by growing demand

Caleres posts solid fourth quarter

Mar 22, 2024 / United States
The US-based company reported a very small increase in net sales in the fourth quarter of its fiscal year 2023, but a significant improvement in profits, as compared to the same period last year

Kering warns of a 20% slump in Gucci sales for the first quarter

Mar 20, 2024 / France
The French-based luxury group has issued a preliminary statement for the first quarter, warning of a 10% drop in sales, led by its star house Gucci

Amazon closes 2023 with strong fourth quarter

Mar 19, 2024 / United States
The Seattle-based online giant ended 2023 on a high note, with a strong fourth quarter that saw significant increases year-on-year in net sales, operating income and net income

Allbirds appoints new CEO amid sales decline

Mar 14, 2024 / United States
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales

Genesco reports full year sales decline

Mar 13, 2024 / United States
Despite a slight improvement in the fourth quarter of fiscal 2024, the company’s full-year net sales were down as compared to the prior year. Genesco expects the market environment to remain challenging in the first half

Foot Locker reports slight improvement in sales as year ends

Mar 13, 2024 / United States
The US-based sportswear retailer reported better-than-expected fourth-quarter results, with sales up by 2.0% on a comparable basis to the same period of 2022

Macy’s announces fourth quarter and fiscal 2023 results

Mar 8, 2024 / United States
The US company has posted a year-on-year decline in sales and profits for both the fourth quarter and full year, but said it’s in a better financial position to continue its modernisation strategy

Net sales decrease at Rocky Brands

Mar 6, 2024 / United States
The US-based footwear company reported a 9.3% year-over-year decline in net sales in the fourth quarter, a slight improvement from the previous quarter. For the full year, net sales were down by 25.0%

Challenging external market weighs on Grendene’s full year results

Mar 4, 2024 / Brazil
The owner of Melissa and Ipanema brands ended 2023 in the red, with the macroeconomic environment remaining unfavourable to consumption in the fourth quarter of last year

Solid fourth quarter for Steve Madden

Mar 1, 2024 / United States
The New York-based designer and marketer of footwear, accessories and apparel ended its fiscal 2023 with a solid performance, despite a decline in full year revenue and profits
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