All Shoe Intelligence articles in Volume 26, Issue 11+12 – Page 4
-
ArticleStuart Weitzman books lower sales and a loss in Q3
Stuart Weitzman, the premium footwear brand of the US fashion group Tapestry, posted sales of $56.1 million in the fiscal third quarter ended March 30, down by 18 percent year-on-year on a reported basis and by 17 percent at constant currency rates. During the quarter, the brand posted an operating ...
-
ArticleWeyco posts weaker sales but expects an improvement in H2
Weyco’s net sales in the first quarter of 2024 dropped by 17 percent year-on-year to $71.6 million, driven by the Bogs brand in the North American wholesale channel. “Although we expect sales to remain soft through the second quarter, we are optimistic that demand will improve in the back half ...
-
ArticleBoohoo losses widen as Shein, weak demand hit revenues globally
Boohoo, the British online fashion retailer which is facing competition from rival Shein, weak demand and high return rates, reported wider annual losses after revenues fell by 17 percent. Boohoo posted a loss before tax of £160 million (€186.6m), compared with a £90.7 million loss a year earlier. Adjusted Ebitda ...
-
News briefs
Imbox Protection opens new headquarters in Denmark
Imbox Protection, a provider of in-store footwear protection technology, has opened its new global headquarters at Ved Skoven 54, 8541 in Skødstrup, Denmark. The company highlighted that “solar power constitutes a substantial part of powering the headquarters,” which comprise a 14,000 square foot office and a 9,700 square foot warehouse. ...
-
News briefs
Wolverine names a new CFO
Wolverine Worldwide, the Michigan-based footwear company, has named Taryn Miller as chief financial officer (CFO). She will report directly to Chris Hufnagel, the company’s president and CEO. Miller previously served as the vice president of corporate and commercial finance at Corteva Agriscience, an international agriculture company. In this role, ...
-
ArticleCrocs maintains its sales guidance and names a new CFO
Crocs Inc. maintained its guidance for the full year of 3 to 5 percent sales growth, despite downgrading its expectations for Heydude, as the Crocs brand instead is seen outpacing previous expectations after a strong first-quarter showing. The outlook was released along first-quarter results that showed revenues at the enterprise ...
-
ArticleCentral Asia and Caucasus expand footwear exports to Russia
In 2023, Russia saw a hike in footwear imports from Armenia, Kazakhstan and Kirgizstan, all members of the Russian-led Eurasia Economic Union trade block. But, the increase is primarily attributed to re-exports of footwear from Europe. Armenia exported shoes worth $33 million in 2023, which was 11 times higher than ...
- Previous Page
- Page1
- Page2
- Page3
- Page4
- Next Page
