World Footwear

Companies

Crocs: record revenue in 2020

Feb 24, 2021 / United States
The brand known for its clogs just posted the highest quarterly revenue in its history. Record 2020 revenue of 1.4 billion US dollars increased 12.6% over last year. Digital sales grew 50.2% in 2020 to represent 41.5% of revenue

Peter Foot is leaving Shoe Zone

Feb 23, 2021 / United Kingdom
Shoe Zone announced that Peter Foot, its Finance Director, has left the business with immediate effect

Asian recovery helps Hermès to limit impact of the crisis in 2020

Feb 23, 2021 / France
The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe

Deckers with first billion-dollar revenue quarter

Feb 22, 2021 / United States
Strong direct to consumer and ecommerce performance have pushed Deckers to a record quarter with its first time billion-dollar quarter revenue

Zouri: footwear with apple peels in children's version

Feb 22, 2021 / Portugal
The Portuguese-based brand launched a new collection of footwear for children. This time Zouri is using apple peels as a material to make shoes

Tod's closes the year with sales down by 30.4%

Feb 19, 2021 / Italy
In fiscal year 2020, Tod's consolidated sales totaled 637.2 million euros, down by 30.4% from 2019. In the fourth quarter of 2020, sales amounted to 184.5 million euros, down by 22.6%. China is already growing in double digits

Revenue down by 13.0% at Mizuno

Feb 19, 2021 / Japan
The Osaka-based sportswear company reported revenue down by 13.0% in the first nine months of the current fiscal year. Sales decreased significantly in all regions due to the COVID-19 pandemic

Shoe Zone expects 24.3% decline in revenue

Feb 18, 2021 / United Kingdom
Ahead of releasing its final results for the 52-week period ended on the 3rd of October 2020, Shoe Zone announces that it expects to report revenue for the period of approximately 122.6 million British pounds, a 24.3% decline from the previous year

Skechers donates 6 million US dollars to save dogs and cats

Feb 18, 2021 / United States
Through sales of its BOBS from Skechers collection, the sportswear giant has helped save and support more than one million shelter dogs and cats in the United States and Canada

Kering with sales slowdown

Feb 17, 2021 / France
Quarterly revenue at the French-based luxury group was down by 4.8% on a comparable basis to 4 billion euros, while sales at Gucci, the main segment of the Kering's revenue, contracted by 10.3% to 2.3 billion euros

adidas to sell Reebok and focus on core brand

Feb 17, 2021 / Germany
As part of the development of its new five-year strategy, the Germany-based group has concluded its assessment of strategic alternatives for Reebok. As a result of the review, adidas has decided to begin a formal process aimed at divesting Reebok

Prada with recovery in December to 2019 levels

Feb 16, 2021 / Italy
The Italian luxury group has announced progressive volume recovery in all geographical areas, with marked revenue growth in Asia Pacific. Prada also confirmed a full recovery to 2019 levels in the month of December

Under Armour with 15% decline in 2020 revenue

Feb 16, 2021 / United States
The Baltimore-based announced unaudited financial results for the fourth quarter and fiscal year ended on the 31st of December 2020. Revenue was down by 15% in 2020 and by 3% in the last quarter

Revenue down by 14.1% at Wolverine

Feb 16, 2021 / United States
The Michigan-based footwear giant has announced third quarter revenue down by a two digits rate. E-commerce revenue grew by 56.4% in the period. Management expects return to meaningful growth to take place in the first quarter of FY 2021

Amazon announces year end results and CEO transition

Feb 15, 2021 / United States
The ecommerce giant announced its financial results for the fourth quarter and year ended on the 31st of December 2020. Founder and CEO Jeff Bezos will transition to the role of Executive Chair and Andy Jassy will become Chief Executive Officer
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