World Footwear

Results

Kering posts revenue decline

Oct 26, 2023 / France
The French-based luxury group posted a 13% revenue decline in the third quarter of 2023, as compared to the same period of last year, due to weak performances at all of its main Houses

Demand for premium styles offsets the decline in Stella’s shipment volumes

Oct 25, 2023 / Hong Kong
The Hong Kong-based group posted its third quarter and nine months results, emphasising that the decline in shipment volumes was partially offset by an increase in average selling prices

Ferragamo posts net sales decline

Oct 23, 2023 / Italy
In the first nine months of 2023, the luxury group posted a net sales decline of 8.3% at current exchange rates or 9.2% at constant exchange rates, as compared to the same period of 2022

adidas announces third quarter preliminary results

Oct 19, 2023 / Germany
The German-based sportswear company has raised its guidance for the full year, mainly as a result of the continued positive impact of the sale of the remaining Yeezy inventory

Shoe Zone reports full year sales growth

Oct 18, 2023 / United Kingdom
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

Oct 13, 2023 / France
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

Oct 12, 2023 / France
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

Oct 11, 2023 / United Kingdom
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

Oct 9, 2023 / United States
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

Oct 4, 2023 / United Kingdom
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

Oct 2, 2023 / United States
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

Sep 28, 2023 / Sweden
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

Sep 27, 2023 / Austria
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

Sep 22, 2023 / United Kingdom
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

Sep 19, 2023 / Sweden
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
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