Results
Richemont: profits rise despite falling sales
Despite a still uncertain economic scenario, luxury giant Richemont managed to register net profit rising by almost 40% in the fiscal year ending at the end of March 2021
Foot Locker's first quarter comparable store sales increase by 80.3%
The US-based retailer has announced the first set of results for 2021, with first quarter comparable store sales growing by 80.3%. Net income in the period totalled 202 million US dollars
Inditex: sales grow by 50%
Sales of one of the largest fashion groups grew by 50% in the first quarter of 2021 totalling 4.9 billion euros. Online sales in local currencies grew by 67%
Wolverine expects second quarter revenue to exceed 2019
One of the world’s largest global portfolios of footwear and lifestyle brands provided a business update ahead of investor meetings taking place during the Baird 2021 Global Consumer, Technology, and Services Conference
Sales bounce back at Tod's
Triple-digit growth in China, strong ecommerce and a good performance of the Roger Vivier brand have helped the Italy-based fashion group Tod’s to bounce back to grow by 17% at current rates in the first quarter (+18.8% at constant rates)
Designer Brands returns to profitability
The US-based company registered net sales increasing by 45.6% to 703.2 million US dollars in the first quarter of fiscal 2021 compared to the same period last year. The company highlighted its return to profitability
Dick's Sporting Goods with record results
The sporting goods retailer reported sales and earnings results for the first quarter ended on the 1st of May 2021. Net sales for the first quarter of 2021 increased 119% compared to the first quarter of 2020 and increased 52% compared to the first quarter of 2019
Capri announces flat revenue
The fashion group reported a drop in sales of its Michael Kors brand - in the order of 4% in the fourth quarter. This contrasts with the success of the brands Versace and Jimmy Choo, whose sales increased by 10% and 16%
Caleres: net sales increase by 60.8%
Net sales registered by Caleres in the 13 weeks period ended on the 1st of May of 2021 totalled 638.6 million US dollars, up by 60.8% from the first quarter of fiscal 2020
Under Armour raises full year outlook
The Baltimore-based sportswear giant has reported first quarter results marked by 35% growth in revenue. Under Armour updated the outlook for the year to reflect the good performance registered so far
Hoka and UGG drive sales of Deckers Brands
The California-based group announced financial results for the fourth fiscal quarter and fiscal year ended on the 31st of March 2021. Decker’s net sales increased by 49.7% in the fourth quarter of the year, and by 19.4% in the full year
Stuart Weitzman reduces losses substantially
In the fiscal third quarter ended on the 27th of March 2021, Stuart Weitzman managed to significantly cut its operating losses thanks to higher revenue and a reduction in expenses
Rocky Brands with record first quarter results
Net sales of the company increased by 57.3% to 87.7 million US dollars. The wholesale segment sales increased by 69.1% and the retail segment sales increased by 42.0%. Net income increased by 278.1% to 4.5 million US dollars
Puma: double-digit growth registered across all regions
Sports giant Puma has reported revenue of more than 1.5 billion euros for the first quarter of 2021, an increase of 25.8% compared to the same quarter last year. Double-digit growth registered across all regions
Shoe Carnival with sales jump
The Indiana-based company reported a 122.7% increase in net sales in the first quarter of 2021. Net income for the period reached 43.2 million US dollars, or 3.02 US dollars per diluted share. Shoe Carnival talks about record-breaking quarter-
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