Sales
Yue Yuen: revenue increases by 26.6%
Revenue in the first three months of 2021 increased 26.6% to 2.49 billion, compared to the corresponding period of last year. Profit was 85.4 million US dollars, compared with a loss of 56.3 million US dollars attributable in the same period of last year
Growing retail sales in Bulgaria
According to working-day adjusted data published by the National Statistical Institute (NSI), Bulgaria's retail sales at constant prices increased by 25.9% on the year in April
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%
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
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
Retail in the UK: weekly footfall rises
Footfall in UK retail destinations rose by 0.5% in the week terminating on the 15th of May, which was driven by a footfall rise of 3.9% cent on UK high streets
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
Asics EMEA reports 35% sales growth
The group reported a consolidated net revenue increase of 35% year to date and operating income increase to 42.7 million euros for the first quarter of 2021 in the region of Europe, Middle East and Africa
Geox: sales still impacted by stores closure
During the first three months of the year, over one third of the network stores by Geox, were temporarily closed due to lockdowns, with a particularly significant suspension of activities in the main markets (Italy, France, Germany and the UK)
British Retail Consortium talks about promising signs
The UK trade association for retail businesses confirms a total sales increase of 7.3% in the month of April, following the reopening of brick of mortar. However, the British Retail Consortium (BRC) this is still fragile
Zalando upgrades its outlook for fiscal 2021
Following exceptionally strong and profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook for the second half of the year, Zalando is upgrading its outlook for the current fiscal year
Genesco closes the fiscal year with a drop of 19% in net sales
The Nashville-based footwear group has announced year end results. Genesco registered a 19% decline in net sales for the fiscal year ended on the 30th of January 2021
US Retail: Will retail go back to the trend?
Retail Sales in shoe stores started the year with a decreasing trend, putting an end in some recovery registered in the last months of 2020, especially when the stimulus checks started reaching the households. E-commerce is on an upward cycle, however, is not clear if the net result will be a good one, as its growth is taking place at the expenses of brick and mortar. Once again, as in other geographies already analysed in the past weeks, Consumer Confidence seems to be on a good track, translating the feeling that mass vaccination will knock COVID-19 soon. The question is: will retail go back to the trend?-
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