Year Results
Kering fourth quarter sales declined by 7%
The weak performance of Gucci in the last quarter of 2022 (sales down by 15% year-over-year) due to the situation in China impacted Kering’s performance in the quarter. But the group’s full year revenue still grew by 9%
Saye posts a revenue increase of 20% in 2022
The sustainable sneakers brand reached 6.7 million euros in revenue last year, up by 20% over 2021, which reflects a positive performance albeit below previous forecasts
Geox announces full year preliminary results ahead of expectations
The Italian brand posted a sales growth of 21% in 2022 over the prior year, sustained by double-digit growth on all distribution channels and across all the main regions
Columbia Sportswear announces full year results
The US-based company reported a net sales increase of 11% in 2022 over the prior year. But, amid supply chain constraints, net income in the same period declined by 12% year-over-year
Skechers announces record annual sales
The US-based company reported an increase in sales of 18% in 2022, year-over-year, reaching a record total of 7.4 billion US dollars, as the result of four quarterly sales records
H&M confirms full year sales increase
Despite a "turbulent year characterized" by "geopolitical challenges and substantial cost inflation", the Sweden-based fashion group posted a full year 2022 sales increase of 12% over fiscal 2021
Ferragamo reports full year revenue growth
The Italian-based luxury group has announced preliminary consolidated results for the year 2022. Sales grew in all regions, except for Asia Pacific, due to a COVID-19-related slowdown in China
Tod's Group turnover exceeded one billion euros in 2022
The Italian-based luxury group posted revenue growth of 13.9% in 2022, year-over-year, thus exceeding the one billion mark, driven by the retail channel and Tod’s brand performances
LVMH posts record annual sales
The French-based luxury group reported to have reached a revenue of 79.2 billion euros in 2022, with profit from recurring operations totalling 21.1 billion euros, both up by 23% over 2021
Digitization and new consumer trends drove growth in 2021
2020 was a challenging year for most companies thanks to the outbreak of the COVID-19 pandemic, which led to severe supply chain disruptions throughout the globe, periods of halting in operations and physical retail, and an increase in raw materials and transportation costs. However, by mid-2021, there were already signs that things were taking a turn for the better, and some companies have managed to equal and even exceed their pre-pandemic performances. We took a look into the full-year 2021 results of some of the largest companies worldwide to observe how they pulled through the challenges brought by the COVID-19 pandemic
Stella confirms growth
The Hong Kong-based footwear manufacturer and retailer has reported audited results for fiscal 2021, confirming revenue growth over 2020, and announcing a new investment in Indonesia
Yue Yuen turns around
The company posted revenue growth of 1% to 8.53 billion US dollars over the full year 2021, as compared to the previous year, amidst a challenging operating environment
Skechers announces record year
The US-based footwear giant announced a new fourth quarter 2018 sales record of 1.08 billion US dollars. The full year results also brought a record of sales (4.64 billion US dollars)-
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