Results
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
Zalando's revenue up by 21.6%
Zalando has announced revenue increasing by 21.6% in the third quarter. Sales volume was up by 29.9%. The company considered this as a quarter of exceptionally strong and profitable growth
Capri reports revenue and earnings above expectations
The global fashion luxury group announced its financial results for the second quarter of fiscal 2021. John D. Idol, the Company’s Chairman and Chief Executive Officer, said revenue and earnings surpass the company's expectations
Puma’s sales and profitability rebound in the third quarter
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic
Tapestry with 14% decline in sales
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations
Skechers announces third quarter results
The California-based footwear company reported sales of 1.30 billion US dollars in the third quarter of the year, a 3.9% decrease year-over-year, but a 78.3% increase from the second quarter of 2020
Wolverine declares quarterly dividend
The Michigan-based footwear group has announced its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock
Crocs: third quarter revenue grew by 16%
Revenue totaled 361.7 million US dollars, an increase of 15.7% from the same period last year, or 15.9% on a constant currency basis. E-commerce revenue grew by 36.3%, while wholesale increased by 12.4% and retail went up by 8.9%
Hermès returns to growth
Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas
Kering overcomes expectations despite 4.3% sales decline
The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance
VF shows signs of recovery with higher than expected results
The owner of brands such as Vans, The North Face and Timberland, registered declining revenue in the second quarter (-18%). Notwistanding, VF's results have surpassed their internal expectations, which is being taken as a positive sign of recovery
LVMH: fashion and leather goods division with improved revenue
The luxury group recorded revenue of 30.3 billion euros in the first nine months of 2020, down by 21%. Revenue was down by 7% in the third quarter, reflecting an improvement in trends, with a return to growth in the Fashion & Leather Goods segment-
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