World Footwear

Quarter Results

Shoe Carnival cuts full year guidance once gain

Nov 17, 2023 / United States
The US-based retailer reported soft trends after Labour Day due to unfavourable weather conditions, which resulted in lower sales and profits. Thus, it lowered its full year guidance

Steve Madden’s third quarter performance improves

Nov 16, 2023 / United States
The New York-based designer and marketer of footwear, accessories and apparel posted a slight fall in sales in the third quarter of 2023, but returned to a growth in profits year-over-year

Yue Yuen on a downward trajectory

Nov 16, 2023 / Hong Kong
The Hong Kong-based group recorded a decline in revenue and profits in the first nine months of the year, as compared to 2022, due to a weak performance of its manufacturing business

Wolverine Worldwide announces transformation initiatives after weak quarter

Nov 15, 2023 / United States
The US-based footwear company delivered a weak third quarter performance and announced a series of strategic initiatives that should put the company on a path to profitable growth

Tapestry’s sales growth slows down

Nov 15, 2023 / United States
The US-based company posted record net sales of 1.51 billion US dollars in the first quarter of fiscal 2024, but a figure only slightly higher than the one recorded a year ago

Under Armour reports better-than-expected results

Nov 13, 2023 / United States
The US-based company posted a better-than-expected second quarter performance, but due to the challenges faced in the North American region, it decided to lower its revenue guidance for fiscal 2024

Rocky Brands reports another net sales decline

Nov 10, 2023 / United States
The US-based footwear manufacturer reported a net sales decrease of 14.8% in the third quarter of 2023, as compared to the same period of 2022, while emphasising an improvement on the prior quarter

Owner of Melissa and Ipanema delivers weak third quarter performance

Nov 10, 2023 / Brazil
The Brazilian Grendene posted a revenue decline in the third quarter of 2023, as unfavourable domestic macroeconomic conditions and the global economic slowdown continue to impact consumer demand

Prada announces nine months results

Nov 9, 2023 / Italy
The Italian-based luxury group posted a 17% increase in revenue in the first nine months of 2023, as compared to the same period of last year, underpinned by solid retail sales growth in all regions

Columbia Sportswear’s net sales increase but profits decline

Nov 9, 2023 / United States
The US-based company reported a net sales growth of 3% but a net income decline of 7% year-over-year in the third quarter of 2023, highlighting some improvements in the US marketplace

Crocs with another strong quarter

Nov 8, 2023 / United States
The US-based footwear company posted a revenue increase of 6.2% in the third quarter of 2023, as compared to the same period of 2022, driven by double-digit revenue growth from the Crocs brand

Amazon posts robust third quarter

Nov 8, 2023 / United States
The Seattle-based online giant posted a strong performance in the third quarter of 2023, with profits rising significantly to 9.9 billion USD from 2.9 billion USD in the same quarter of 2022

Zalando lowers full year GMV and revenue guidance

Nov 7, 2023 / Germany
Despite confirming its 2023 profits guidance, the online retailer has lowered its GMV and revenue outlook revenue on the “expectation of continued pressure on demand for the rest of the year”

VF Corp launches turnaround plan

Nov 3, 2023 / United States
After another disappointing quarter, the US-based footwear announced the launch of Reinvent, a comprehensive transformation programme focused on improving operational performance and brand-building

Demand for Hoka and Ugg drives Deckers' growth

Nov 2, 2023 / United States
Deckers posted a 25% increase in net sales and a 79% growth in diluted earnings per share in the second quarter of fiscal 2024, as compared to the same period of last year, thus raising its full year outlook
Page 5 of 41