All Financial results articles – Page 25

  • Vibram_Carrarmato
    News briefs

    Vibram's FY sales up over 30%

    2023-02-09T17:09:00Z

    Vibram recorded sales of €300 million in 2022, representing an increase of more than 30 percent from 2021, FashionNetwork.com reported. The increase was driven by sales growth across all the main markets and product categories. The U.S. market accounted for 50 percent of the company’s sales. E-commerce sales accounted for ...

  • VF_Corp_Logo
    Article

    VF takes action to improve performance, divesting pack brands

    2023-02-09T16:10:00Z

    VF Corp. is vowing to take all necessary actions to improve its operating performance heading into its FY24 

  • Jimmy Choo logo
    Article

    Jimmy Choo’s quarterly sales hit by Covid resurgence in China

    2023-02-09T09:36:00Z

    In the fiscal third quarter ended Dec. 31, Jimmy Choo posted revenues of $168 million, down by 5.6 percent year-over-year on a reported basis but up by 3.4 percent at constant currency rates. The brand’s performance was affected by the surge in Covid-19 cases in China as the country reopened. ...

  • ANWR
    Article

    ​ANWR Group FY revenues rise nearly 10%

    2023-02-09T09:36:00Z

    ANWR Group reported a 9.6 percent increase in business volumes to €21.7 billion in 2022 driven by the footwear, sports and leather goods divisions, which posted double-digit growth. “This is a remarkable development given the challenging conditions we faced in 2022,” said Frank Schuffelen, the CEO of the German ...

  • News briefs

    Amazon Q4 revenues top forecasts while profit decreases

    2023-02-07T15:23:00Z

    Amazon posted net sales of $149 billion for its fourth quarter ended Dec. 31, 2022, for a 9 percent increase compared with the fourth quarter of 2021. Revenues topped forecasts and were driven by “a record-breaking holiday season,” the company said. The company expected fourth-quarter net sales of $140.0 to ...

  • Deckers
    Article

    Deckers raises sales and earnings guidance after better-than-expected Q3

    2023-02-06T16:51:00Z

    Deckers Brands raised its sales and earnings guidance for the full financial year after revenues in the third quarter ended Dec. 31 rose by 13.3 percent to $1,346 million, beating analysts’ expectations for a top line of about $1,250 million and supported by a near doubling in sales of the ...

  • Skechers_SKX_BLK-logo
    Article

    ​Skechers looks to produce in India as Q4 sales jump 14%

    2023-02-06T10:14:00Z

    Skechers said it is planning to begin production in India, one of its fastest growing markets in the Asia Pacific region. Sales in the country displayed “particular strength” in the fourth quarter of 2022, as the company’s overall top line jumped by 13.5 percent to $1,878.8 million billion to reach ...

  • Lloyd Germany
    Article

    Lloyd reports strong sales increase, expects to return to pre-Covid sales in 2023

    2023-02-06T08:36:00Z

    Lloyd Shoes posted a strong sales growth in 2022 and anticipates a bright year ahead. The German shoe maker recorded a 47 percent increase in sales in 2022 to €114.95 million, driven by improvements across all business areas, and expects to return to pre-pandemic sales levels in the current ...

  • Geox logo
    Article

    Geox eyes operating profit as 2022 sales jump 21%

    2023-02-06T08:36:00Z

    Geox said it expects to post an operating profit in 2022 after three years in the red, as it benefits from higher-than-expected sales and a restructuring that has allowed it to cut costs and channel investments to more strategic areas of its business. According to preliminary figures from the Italian ...

  • News briefs

    Castañer’s FY sales rise 25%

    2023-02-06T08:35:00Z

    Castañer posted a 25 percent increase in revenues to €24 million in 2022, lifting the top line of the Spanish footwear company back to pre-Covid-19 levels. The company noted that online sales grew by more than 20 percent year-over-year.

  • News briefs

    LVMH’s FY fashion and leather goods organic sales up 20%

    2023-02-06T08:35:00Z

    LVMH saw organic sales of its fashion and leather goods division rise by 20 percent in 2022. On a reported basis, the division of the French luxury goods conglomerate posted increased sales by 25 percent to €38.648 billion. The division’s full-year profit from recurring operations grew by 22 percent to ...

  • News briefs

    Aku posts 28.6% sales growth in 2022

    2023-02-03T17:21:00Z

    Aku posted revenues of €29.2 million in 2022, representing a 28.6 percent increase from the previous year, primarily driven by international sales. Export accounted for 82 percent of the company’s sales. Europe recorded a 14 percent sales increase, while Asian sales jumped by 99 percent. In 2022, the Italy-based outdoor ...

  • Boot Barn
    Article

    ​Boot Barn continues with openings as new stores drive 6% Q3 sales growth

    2023-01-30T16:51:00Z

    Boot Barn expects to open 10 more stores in the fourth quarter ended April 1, 2023, bringing new openings in the full financial year to 43, as it sets its sights on expanding its future store count to about 900, nearly triple its current level. New stores were responsible for ...

  • Salvatore Ferragamo
    Article

    Ferragamo posts weak Q4 sales due to China

    2023-01-30T09:45:00Z

    Salvatore Ferragamo’s total full-year revenues reached €1.252 billion, up by 10.2 percent year-on-year on a reported basis and by 5.7 percent at constant currency rates. Total revenues were dented by a €25.7 million hedging loss and missed market expectations by about €20 million due to a weak final quarter. The ...

  • HM-Logo
    Article

    H&M posts a Q4 loss on higher costs

    2023-01-30T09:44:00Z

    In the fiscal full year ended Nov. 30, H&M’s net profit fell to SEK 3.566 billion (€318m) from SEK 11.010 billion a year earlier, after posting a loss of SEK 864 million (€77m) in the fourth quarter compared with a profit of SEK 4.621 billion a year earlier. Financial analysts ...

  • News briefs

    Aeffe’s full-year footwear, leather goods sales up 17%

    2023-01-27T09:23:00Z

    Aeffe, the Italian fashion house that owns the footwear brand Pollini, saw its 2022 sales rise by 8.4 percent to €352 million. At constant currency rates, the top line grew by 7.7 percent. Sales of the footwear and leathergoods business reached €163.6 million, up by 16.9 percent both on a ...

  • tods-logo again
    Article

    Tod’s breaks through €1 bn sales threshold, sees ‘excellent’ start to 2023

    2023-01-27T09:23:00Z

    Diego Della Valle, the chairman and CEO of Tod’s, said he is “very confident” about future results of the Italian footwear company due to an “excellent” start to 2023 in stores and the solidity of its order portfolio for next season. Della Valle’s optimism came as Tod’s announced preliminary results ...

  • Zegna
    Article

    ​Zegna’s Q4 revenues dip 0.5% but shoes post ‘exceptional performance’

    2023-01-26T10:29:00Z

    The Italian fashion house Ermenegildo Zegna generated revenues of €407 million in the fourth quarter of 2022, down by a reported 0.5 percent on the year earlier and 2.9 percent lower at constant exchange rates, as sales were hit by new Covid-19 restrictions affecting the Greater China region. The owner ...

  • primark logo
    Article

    Primark posts a rise in Christmas sales

    2023-01-25T12:54:00Z

    Primark reported a rise in Christmas sales as consumers continued returning to city shopping centers and retail parks after the easing of Covid-19 restrictions. Revenues in the 16 weeks to Jan. 7 stood at £3.145 billion (€3.562 bn), up by 18 percent on a reported basis and by 15 percent ...

  • boohoo logo 2
    Article

    Boohoo lowers its guidance on declining sales

    2023-01-20T14:16:00Z

    Boohoo has lowered its full-year revenue guidance after sales fell sharply in the last four months of 2022 due to longer delivery times and shoppers returning to physical stores. But more worrisome, the British online fashion retailer is losing market share in the U.S. and Continental Europe. Company’s sales fell ...