World Footwear

Results

Another disappointing quarter for VF Corp

Feb 8, 2024 / United States
The parent company of Vans and The North Face posted a 16% year-over-year decline in revenue in the third quarter of fiscal 2024, largely due to a “shift in the timing of wholesale deliveries”

Kering’s revenue declines after trying 2023

Feb 8, 2024 / France
The French-based luxury group has reported a 4% year-on-year decline in revenue in 2023, driven by weak performances of all its main Houses. Fourth quarter also disappointed

Columbia Sportswear warns of a challenging year ahead

Feb 7, 2024 / United States
The US-based company posted a year-on-year drop in profits in 2023, as well as a weak fourth quarter. It also warns of a challenging 2024, as economic and geopolitical uncertainty remains high

Geox growth slows in 2023

Feb 7, 2024 / Italy
The Italian-based footwear group has seen its growth slow from previous years due to a complex macroeconomic environment and unusual weather events in May and September

Deckers reports record quarterly revenue and earnings

Feb 6, 2024 / United States
The US-based footwear company has reported “record” third quarter revenue and earnings, driven by an “exceptional performance” from both the Hoka and Ugg brands

A strong 2023 for Skechers

Feb 5, 2024 / United States
The US-based footwear company has achieved record annual sales of 8.0 billion USD in 2023, up by 7.5% year-over-year, driven by a strong performance in the direct-to-consumer channel

H&M announces results for 2023, CEO steps down

Feb 2, 2024 / Sweden
The Sweden-based group has reported a 6% growth in net sales in 2023, as compared to the previous year. However, its CEO has stepped down amid sluggish sales at the start of the year

Tod’s posts strong 2023 results

Feb 2, 2024 / Italy
The Italian-based luxury group delivered a strong performance in 2023, highlighting the double-digit revenue growth at constant exchange rates across all its brands, as compared to 2022

Daniel Ervér is the new President and CEO of H&M

Feb 1, 2024 / Sweden
At the same time as reporting its 2023 results, the fashion group announced a change at the top. Daniel Ervér is the group’s new CEO, succeeding Helena Helmersson, who stepped down after four years in the role

Dr. Martens third quarter revenue declines

Jan 31, 2024 / United Kingdom
Amid a challenging consumer environment, the iconic British footwear brand recorded an 18% year-over-year decline in sales on a constant currency basis in the third quarter of fiscal 2024

Ferragamo reports decreasing full year revenue

Jan 31, 2024 / Italy
The luxury group has warned of a slowdown in luxury demand, with preliminary consolidated revenue for 2023 down by 7.6% at current exchange rates and 8.1% at constant exchange rates year-on-year

Puma announces preliminary results for 2023

Jan 29, 2024 / Germany
The sportswear company highlighted the impact of the devaluation of the Argentine peso on its results, with currency-adjusted sales growth of 6.6% in 2023, as compared to the prior year

LVMH reports another strong year

Jan 26, 2024 / France
The French-based luxury conglomerate highlighted a “remarkable performance” from its Fashion & Leather Goods business group, with organic revenue growth of 13% year-on-year in 2023

Birkenstock posts double-digit revenue growth

Jan 23, 2024 / Germany
The German footwear company reported a 20% increase in revenue for its fiscal 2023, as compared to the previous fiscal year, with growth across all regions and channels

Stella Holdings full year revenue declines

Jan 22, 2024 / Hong Kong
The footwear manufacturer posted an unaudited consolidated revenue decline of 8.5% in 2023, on a comparable basis to the prior year, but posted a positive performance in the fourth quarter
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