World Footwear

Year Results

Stella International launches three-year growth plan

Mar 29, 2023 / Hong Kong
The footwear manufacturer confirmed its positive 2022 results, while taking the opportunity to launch a three-year plan (2023 – 2025) that focuses on growth and margin expansion

Yue Yuen warns on cloudy short term outlook

Mar 28, 2023 / Hong Kong
Despite reporting revenue and earnings growth over 2022, the group highlighted that the demand for footwear remains cloudy in the short term due to the many global headwinds impacting the business

Shoe Carnival sales decline

Mar 23, 2023 / United States
The US-based footwear retailer posted a fourth quarter and annual sales decline in 2022 over the prior year, but profits exceeded pre-pandemic levels

Foot Locker unveils long-term growth strategy

Mar 22, 2023 / United States
After announcing its full year and fourth quarter results, in which both sales and earnings declined over fiscal 2021, the US-based retailer introduced its long-term growth plan ‘Lace Up’

Designer Brands announces cautious outlook for fiscal 2023

Mar 21, 2023 / United States
Following a slower fourth quarter, the North-American company is expecting a decline in earnings and sales for fiscal 2023, accounting for the volatile macroeconomic environment

Genesco reports a slight decline in sales

Mar 20, 2023 / United States
The Nashville-based footwear group posted a decrease in net sales of 2% over fiscal 2023, reaching 2.38 billion US dollars, amidst a challenging consumer demand environment

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
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