World Footwear

Results

Challenging external market weighs on Grendene’s full year results

Mar 4, 2024 / Brazil
The owner of Melissa and Ipanema brands ended 2023 in the red, with the macroeconomic environment remaining unfavourable to consumption in the fourth quarter of last year

Solid fourth quarter for Steve Madden

Mar 1, 2024 / United States
The New York-based designer and marketer of footwear, accessories and apparel ended its fiscal 2023 with a solid performance, despite a decline in full year revenue and profits

Puma achieves full year sales growth despite a weak fourth quarter

Feb 29, 2024 / Germany
Amid a “volatile environment”, Puma posted currency-adjusted sales growth of 6.6% year-on-year in 2023. Results would have been better had it not been for the devaluation of the Argentine peso in the last quarter, it added

CCC announces record quarterly sales

Feb 26, 2024 / Poland
Against a challenging backdrop, the Polish-based footwear group achieved a record fourth quarter revenue of 2.5 billion Polish zloty (579 million euros) and its EBITDA almost tripled year-over-year

Wolverine Worldwide ends 2023 in the red but is optimistic about a turnaround

Feb 23, 2024 / United States
The company posted a revenue decline of 20.8% year-over-year and a diluted loss per share of 1.15 US dollars in the fourth quarter of 2023, but is optimistic about the outcome of its turnaround plan

US market and handbags fuel growth for Kurt Geiger

Feb 21, 2024 / United Kingdom
The British footwear and accessories brand has reported strong annual results, driven by a successful international expansion strategy, particularly in the US, and “flourishing” handbag sales

Lower sales volumes impact Alpargatas’ full year revenue

Feb 20, 2024 / Brazil
The parent company of Havaianas and Rothy’s posted a decline in revenue and profits in 2023, mainly driven by lower volumes sold in both domestic and international markets

A strong year 2023 for Crocs

Feb 16, 2024 / United States
The US-based casual footwear brand delivered a strong performance in 2023, with revenue and diluted earnings per share up by 11.5% and 46.8%, respectively, as compared to the prior year

Hermès posts full year revenue growth

Feb 14, 2024 / France
The French-based luxury group reported “an outstanding performance” across all regions in 2023, with total revenue up by 21% year-on-year at constant exchange rates to 13.42 billion euros

Capri’s performance hit by weak consumer demand

Feb 13, 2024 / United Kingdom
The parent company of Versace, Michael Kors and Jimmy Choo continued its downward trend in the third quarter of fiscal 2024, mainly due to slower consumer demand in the Americas region

Tapestry raises full year earnings guidance

Feb 12, 2024 / United States
The owner of Coach, Kate Spade and Stuart Weitzman has raised its earnings guidance for fiscal 2024 after posting better-than-expected revenue and profit growth in the second quarter

Another disappointing quarter for VF Corp

Feb 8, 2024 / United States
The parent company of Vans and The North Face posted a 16% year-over-year decline in revenue in the third quarter of fiscal 2024, largely due to a “shift in the timing of wholesale deliveries”

Kering’s revenue declines after trying 2023

Feb 8, 2024 / France
The French-based luxury group has reported a 4% year-on-year decline in revenue in 2023, driven by weak performances of all its main Houses. Fourth quarter also disappointed

Columbia Sportswear warns of a challenging year ahead

Feb 7, 2024 / United States
The US-based company posted a year-on-year drop in profits in 2023, as well as a weak fourth quarter. It also warns of a challenging 2024, as economic and geopolitical uncertainty remains high

Geox growth slows in 2023

Feb 7, 2024 / Italy
The Italian-based footwear group has seen its growth slow from previous years due to a complex macroeconomic environment and unusual weather events in May and September
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