World Footwear

Results

Zalando reports slower growth

Mar 9, 2023 / Germany
Amidst a challenging macroeconomic environment, the German-based online retailer posted a GMV growth of 3.2% in 2022, year-over-year, with revenue remaining stable at 10.3 billion euros

Rocky Brands reports full year sales growth

Mar 8, 2023 / United States
The Ohio-based company reported reaching net sales of 615.5 million US dollars last year, up by 19.7% over 2021. Net income for the year, was, however flat, at 20.5 million US dollars

Wolverine Worldwide posts profit loss

Mar 7, 2023 / United States
Despite a sales growth, the Michigan-based company reported a fourth quarter and full year 2022 profit loss, impacted by higher transitory supply chain costs and excess inventory

Puma hits record full year sales

Mar 3, 2023 / Germany
The company achieved record annual sales and EBIT in 2022. Still, it warned on the challenges ahead due to “a high degree of geopolitical, macroeconomic and commercial uncertainty”

Steve Madden reports annual revenue growth

Mar 2, 2023 / United States
Despite a full year revenue growth of 13.7% last year over 2021, the US-based company adopted a more cautious near term outlook thanks to the “increasingly challenging backdrop” as well as more “conservative initial Spring orders”

Farfetch: growth slowed down in the fourth quarter of 2022

Feb 27, 2023 / United Kingdom
Despite achieving a record full year revenue, the luxury online retailer reported a fourth quarter 5% revenue decline and a 12% GMV decrease, as compared to the same quarter of fiscal 2021

Caleres foresees record annual sales

Feb 23, 2023 / United States
The US-based footwear group reported preliminary and unaudited fiscal 2022 sales and earnings ahead of previous expectations, following a stronger-than-anticipated holiday performance

Parent company of Havaianas posts profit loss

Feb 22, 2023 / Brazil
The Brazilian Alpargatas reported fourth quarter and full year results below expectations, with inflation eroding consumers’ purchasing power notably in Brazil

Amazon reports net loss in 2022

Feb 21, 2023 / United States
Despite a better-than-expected fourth quarter last year, the Seattle-based company posted a full year net loss of 2.7 billion USD, as compared to a net income of 33.4 billion USD in 2021

Hermès posts robust full year results

Feb 20, 2023 / France
The luxury group posted a sales growth of nearly 30% in 2022 over the prior year, reaching 11.60 million euros. Despite the global uncertainty, the group is approaching 2023 with confidence

Crocs reports record annual revenue

Feb 17, 2023 / United States
The US-based company reported having reached a “record” revenue of 3.6 billion US dollars, up by 53.7% over 2021, driven by strong consumer demand. As a result, it anticipates a strong 2023

Kering fourth quarter sales declined by 7%

Feb 16, 2023 / France
The weak performance of Gucci in the last quarter of 2022 (sales down by 15% year-over-year) due to the situation in China impacted Kering’s performance in the quarter. But the group’s full year revenue still grew by 9%

Under Armour announces third quarter results

Feb 15, 2023 / United States
The Baltimore-based company reported revenue growth of 3% in the third quarter of fiscal 2023, reaching 1.6 billion US dollars, as compared to the same period of the prior fiscal year

Saye posts a revenue increase of 20% in 2022

Feb 15, 2023 / Spain
The sustainable sneakers brand reached 6.7 million euros in revenue last year, up by 20% over 2021, which reflects a positive performance albeit below previous forecasts

Tapestry delivers record second quarter earnings

Feb 14, 2023 / United States
The owner of Coach, Kate Spade and Stuart Weitzman posted record earnings per diluted share of 1.36 US dollars in the second quarter of FY 2023, even though net sales fell by 5% year-over-year
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