Designer Brands swings to profit in Q1, sees full year earnings at high end of guidance
Designer Brands swung to a profit in its first quarter ended May 2, as it highlighted a boost to earnings margins from structural improvements made across inventory management, pricing discipline, sourcing and channel profitability.
Caleres beats Q1 earnings guidance as Brand Portfolio outperforms
Caleres generated sales at the top end of guidance and better-than-expected earnings in the first quarter of its fiscal year, as strength in its Brand Portfolio segment more than offset a weaker showing for its Famous Footwear banner.
Debenhams returns to growth and lifts gross margin
Debenhams Group, the British fast fashion retailer which previously traded under the Boohoo name, returned to slight sales growth in the first quarter and enjoyed a “substantial” increase in adjusted Ebitda as its turnaround strategy starts to bear fruit. The company also reaffirmed its full-year guidance.
Inditex posts strong sales in Q1
Inditex, the Spanish fashion retailer which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, said that in the first quarter ended April 30, sales grew by a reported 5.8 percent to €8.7 billion and were 8.8 percent higher at constant currencies.
Jimmy Choo plans to return to profitability this year
Despite higher losses in the fiscal year ended March 28, Jimmy Choo, the luxury footwear brand owned by Capri Holdings, is expected to return to profitability in the current financial year as sales pick up.
Genesco raises earnings guidance and unveils new cost savings plan
Genesco raised its earnings guidance and maintained its expectations for sales in fiscal year 2027 as it announced a new cost savings plan and turned in what it described as better-than-expected results in the first quarter.
Golden Goose continues to grow at a double-digit pace
In the first quarter of 2026, Golden Goose, the Italian brand of premium sneakers, saw its net revenues rise by 10 percent year-over-year at constant exchange rates to €173.2 million, driven by direct-to-consumer (DTC) sales.
ANWR Group increases its business volume amid sector transformation
ANWR Group increased its business volume in 2025, though revenues declined and overall performance fell slightly short of the previous year. The German buying group said in a statement that business volume rose 1.5 percent to €19.6 billion, while revenues stood at €625.6 million and earnings before taxes came in ...
Shoe Carnival pauses rebanner strategy, plans to close underperforming stores
Shoe Carnival now plans to rebanner just a “few” more stores into its premium Shoe Station banner over the next two years and will be closing 18 to 24 underperforming stores following a strategic review carried out during the first quarter of its fiscal year 2026.
Hoka powers Deckers to record $5.47bn in FY2026
Deckers closes fiscal 2026 with record $5.47bn in revenue, driven by Hoka’s 16% growth, and guides for further expansion through 2030.