Crocs raises 2026 sales, earnings guidance after better-than-expected Q1
Crocs nudged its sales and earnings guidance for 2026 slightly higher after turning in a better-than-expected performance for both its top and bottom lines in the first three months of the year.
Prada’s Q1 sales bolstered by Versace acquisition
In the first quarter of 2026, Prada Group posted a 14 percent rise in net revenues to €1,428 million thanks the acquisition of the Versace brand. Organic growth was 3 percent. Versace, whose acquisition was completed on Dec. 2, 2025, contributed €143 million to net revenues.
Rocky Brands’ sales momentum continues in Q1 but tariffs squeeze margins
Rocky Brands’ sales momentum continued in the first quarter of 2026, as Xtratuf and The Original Muck Boot Company both reported a “high teens” percentage increase in their top lines. Profit margins continued to be squeezed by US import tariffs, although management expects tariff headwinds to lessen as the second ...
Asos seeks £7m in US tariff refunds as H1 losses narrow
Asos is seeking refunds for the £7m (€8.1m) in US tariffs paid during the first half of its fiscal year as it also reported narrower interim losses.
Clarks returns to profit after two years but warns of tough backdrop
Clarks has swung back into profit after a two-years in the red, driven by cost cuts that offset weaker consumer demand and a more volatile retail backdrop due to tariffs.
Shoe Zone expects to post a loss this year
Shoe Zone has warned it is set to swing to an annual loss, citing declining consumer confidence and the Middle East war.
Lowa posts record results
The German outdoor footwear manufacturer Lowa reported record financial results for the 2025 fiscal year, achieving its strongest performance to date despite a challenging market environment. The company sold approximately 3.1 million pairs of shoes, representing a five percent increase year over year. Revenue rose by 3.5 percent to €242.1 ...
Stella’s shipments decline in Q1 due to Ramadan celebrations
In the first quarter of 2026, Stella International Holdings reported a 1.9 percent increase in revenues to $337.4 million from $331.0 million a year earlier despite a 1.7 percent drop in shipments to 11.9 million pairs because of fewer working days due to Ramadan celebrations in Indonesia and Bangladesh, which ...
Yue Yuen warns of up to 55% profit drop as tariffs hit Q1 output
The world’s largest contract footwear manufacturer has flagged a 50–55 percent profit decline for Q1 2026, citing tariff headwinds, rising wages and production bottlenecks as compounding pressures on global footwear supply chains.
Hermès misses sales expectations
Hermès’ first quarter sales fell a reported 1 percent to €4.1 billion, reflecting a €290 million adverse currency impact, but rose by 6 percent at constanst currencies with double-digit growth in the Americas, Japan, and Europe, excluding France. However, financial analysts were expecting currency-neutral growth above 7 percent.