Results
Shoe Zone reports full year sales growth
The UK-based retailer reported a 6.1% growth in revenue in its unaudited trading update for fiscal 2023, as compared to the prior year. Its full year profit outlook has also increased
Spartoo posts an improvement in EBITDA
In the first half of the year, amidst a challenging macroeconomic environment, the French-based retailer reported a decline in GMV and sales, but an improvement in its profitability
LVMH’s growth slows in the third quarter
The French-based luxury conglomerate posted an organic revenue growth of 9% in the third quarter, as compared to an organic growth of 17% recorded in the previous quarters of 2023
Manolo Blahnik’s sales and profits soared in 2022
The UK-based footwear and accessories brand posted a “record financial performance” in 2022, and thanked its employees by distributing more than 1 million euros in bonuses last November
Caleres reiterates full year outlook and announces three-year strategic growth plan
The US-based footwear company confirmed its third quarter and fiscal 2023 guidance and introduced a three-year strategic and financial plan focused on four key areas
C & J Clark International recorded a decline in sales and profits in 2022
The operating subsidiary of the British footwear retailer Clarks saw its turnover and profits fall last calendar year due to supply chain issues following the COVID-19 pandemic
Nike announces first quarter results
The US-based sportswear giant reported an increase of 2% on both a reported and currency-neutral basis in the first quarter of fiscal 2024, as compared to the same period of last fiscal year
H&M profits rise in the third quarter
Despite the slowdown in sales during the third quarter, the Sweden-based fashion group saw its profits rise significantly in the period to 3.32 billion Swedish Krona (285.9 million euros)
Leder & Schuh on growing mode
The Austrian-based footwear retailer posted a 25% increase in revenue in 2022, as compared to the previous year, and added that sales have continued to grow so far this year
JD Sports on track to meet full year profit outlook
The UK-based retailer reported in its interim results a strong first half performance, with a 12% year-over-over growth in organic sales, saying it's on track to achieve its full year profit outlook
H&M anticipates 'flattish' sales
The Sweden-based fashion group has released a sales development update for the third quarter of fiscal 2023, ahead of the publication of the nine-month report scheduled for the end of September
Golden Goose posts strong first half
The Italian-based luxury sneaker brand saw its revenue increase by 21% in the first half of the year, as compared to the same period in 2022, with all its markets showing double-digit growth
Primark to close the year with sales growth
Primark's parent company, Associated British Foods (ABF), issued a trading update just before the end of its financial year, anticipating sales growth for both the last quarter and the full year
Inditex profits soar by 40% in the first half
The Spanish-based fashion group, which owns, among others, Zara and Massimo Dutti, posted a strong performance in the first half of 2023, marked by significant growth in profits
Birkenstock files for IPO
The German footwear brand has filed for an initial public offering with the US Securities and Exchange Commission, revealing its finances for the first time-
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