Results
H&M Group reports sales down by 18%
The Sweden-based fashion group announced net sales amounting to 187 031 million Sweden Krona (22.45 billion US dollars) in the 2020 financial year. In local currencies, net sales decreased by 18%
Asos sees UK sales climb by 36%
The UK-based marketplace ASOS, home to 900+ small businesses, has announced a trading update for the four months ended on the 31st December 2020 with revenue growth ”surpassing expectations”
2020 should be Crocs' best year
The brand of casual footwear for women, men, and children, known by its clogs, raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%
Caleres declares quarterly dividend
This dividend will be the 391st consecutive quarterly dividend paid by the company
Genesco: sales down but better than expected
Net sales for the third quarter of fiscal 2021 decreased by 11%. Genesco says this sales results exceeded expectations and translate the return of the company to profitability
Caleres: sales down by 18.3%
The US-based footwear group has announced results for its third quarter, marked by a decline of 18.3% in net sales. Declines registered in all segments, except for the online business
Under Armour with flat quarter's revenue
The Baltimore-based giant has reported third quarter results, marked by flat revenue at 1.4 billion US dollars, driven by growth in the international business and e-commerce
Dick's Sporting Goods announces planned leadership succession
The Pittsburgh-headquartered sporting goods retailer announced that Edward W. Stack, Chairman and Chief Executive Officer, will assume the role of Executive Chairman and continue as Chief Merchant, from the 1st of February onwards
Nordstrom: digital sales account for 54% of total business
The company has announced third quarter results marked by declining net sales from last year. The expansion of some online services might have driven digital business, which now accounts for 54% of total
Foot Locker: third quarter marked by sales growth
Third quarter comparable-store sales increased by 7.7% and total sales were up by 9.0% in the same period. Notwithstanding the good performance in the last quarter, year-to-date total sales and comparable-store sales are still down
Most profitable quarter reported by Shoe Carnival
Shoe Carnival reported net sales of 274.6 million US dollars for the third quarter. Net income was 14.7 million US dollars, 7% up from similar period in 2019. These resulted in the most profitable quarter in Shoe Carnival’s history
adidas talks about strong recovery despite sales plunge
The Germany-based sportswear giant said the third quarter was marked by a strong recovery of the business. In the period under analysis, revenue decreased by 3% in currency-neutral terms. In euro terms, revenue decreased by 7%
Burberry with growth in leather goods category
The UK-based luxury brand has announced a decline of 31% in revenue for the first semester of the current fiscal year. Despite that, Burberry is pleased with the year-on-year growth registered in the leather goods category
Ferragamo: sales down by 18.9% in the third quarter
The Italy-based luxury group announced third quarter results with sales down by 18.9%. The accumulated decline in 2020 reached 38.5%. The Asia Pacific area is confirmed as the group's top market, reaching over 42% of total revenue-
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