World Footwear

Year Results

Caleres announces record annual sales

Mar 17, 2023 / United States
The US-based footwear group reached record annual net sales of 2.97 billion US dollars in 2022, up by 6.9% over the prior year, led by its brand portfolio segment

Inditex posts strong yearly performance

Mar 16, 2023 / Spain
The Spanish-based fashion group, owner of Zara and Stradivarius, among others, reported a sales growth of 17.5% in 2022, as compared to the prior year, reaching 32.6 billion euros

Prada reports annual revenue growth of 21%

Mar 15, 2023 / Italy
The Italian-based luxury group reported a net sales growth of 21% in 2022 over the prior year. Both the Prada and Miu Miu brands performed “strongly”

Grendene posts fourth quarter results below expectations

Mar 14, 2023 / Brazil
The Brazilian footwear company suffered a revenue decline and an earnings loss in the last quarter of 2022, mainly due to a decline in the consumers’ disposable income caused by the difficult macro environment

Ferragamo confirms full year 2022 results

Mar 13, 2023 / Italy
The Italian-based luxury group recorded revenue growth of 10.2% in 2022 over the prior year, reaching 1.25 billion euros, with sales growing in all regions except for Asia Pacific

adidas posts weak fourth quarter

Mar 10, 2023 / Germany
The company swung to loss in the last quarter of 2022 and saw its annual profit fall by 83%, reflecting the impact of a poor performance in China and the end of the Yeezy partnership

Zalando reports slower growth

Mar 9, 2023 / Germany
Amidst a challenging macroeconomic environment, the German-based online retailer posted a GMV growth of 3.2% in 2022, year-over-year, with revenue remaining stable at 10.3 billion euros

Rocky Brands reports full year sales growth

Mar 8, 2023 / United States
The Ohio-based company reported reaching net sales of 615.5 million US dollars last year, up by 19.7% over 2021. Net income for the year, was, however flat, at 20.5 million US dollars

Wolverine Worldwide posts profit loss

Mar 7, 2023 / United States
Despite a sales growth, the Michigan-based company reported a fourth quarter and full year 2022 profit loss, impacted by higher transitory supply chain costs and excess inventory

Puma hits record full year sales

Mar 3, 2023 / Germany
The company achieved record annual sales and EBIT in 2022. Still, it warned on the challenges ahead due to “a high degree of geopolitical, macroeconomic and commercial uncertainty”

Steve Madden reports annual revenue growth

Mar 2, 2023 / United States
Despite a full year revenue growth of 13.7% last year over 2021, the US-based company adopted a more cautious near term outlook thanks to the “increasingly challenging backdrop” as well as more “conservative initial Spring orders”

Farfetch: growth slowed down in the fourth quarter of 2022

Feb 27, 2023 / United Kingdom
Despite achieving a record full year revenue, the luxury online retailer reported a fourth quarter 5% revenue decline and a 12% GMV decrease, as compared to the same quarter of fiscal 2021

Parent company of Havaianas posts profit loss

Feb 22, 2023 / Brazil
The Brazilian Alpargatas reported fourth quarter and full year results below expectations, with inflation eroding consumers’ purchasing power notably in Brazil

Amazon reports net loss in 2022

Feb 21, 2023 / United States
Despite a better-than-expected fourth quarter last year, the Seattle-based company posted a full year net loss of 2.7 billion USD, as compared to a net income of 33.4 billion USD in 2021

Hermès posts robust full year results

Feb 20, 2023 / France
The luxury group posted a sales growth of nearly 30% in 2022 over the prior year, reaching 11.60 million euros. Despite the global uncertainty, the group is approaching 2023 with confidence
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