All Financial results articles – Page 11
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News briefs
Footasylum full-year revenues up by 9.4%
Footasylum, the UK-based sports fashion retailer, delivered record-breaking results for the fiscal year ending January 2025. Revenues reached £349.5 million (€404.9m), up by 9.4 percent from £319.5 million (€370.1m) a year earlier. Store sales rose by 3 percent to £172.6 million (€199.9m), while online sales increased by 6 percent ...
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ArticleLeder & Schuh reports moderate sales growth
Leder & Schuh increased its sales in 2024 as the launch of a new private label, the further expansion of its store network and an optimization of its product range helped spur growth. Last year, sales increased by approximately 1.1 percent year-on-year, reaching €371 million, while the gross profit ...
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ArticleClarks’ profits fall again as consumers continue to rein in spending
Clarks reported lower annual profits for 2024 as headwinds from the prior year continued with challenging trading conditions persisting in the UK, Europe and the US and consumers seeking cheaper prices. Ebitda for the 12 months to Dec. 31 fell to £25.8 million (€30.1m) from £42.5 million a year earlier. ...
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ArticleH&M’s Q2 earnings above expectations
H&M Hennes & Mauritz posted lower sales and earnings in its second quarter, which ran from March 1 to May 31, due to foreign exchange headwinds and fewer stores. However, the bottom line was above market expectations. The Swedish affordable fashion retailer’s sales came in at SEK 56.714 billion (€5.01bn), ...
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ArticleSchuh Mücke to close Munich store amid sales drop
The German footwear and sporting goods retailer Schuh Mücke, part of the ANWR Group, continues its strategic repositioning and will close its Munich store in early 2026 amid declining sales. Schuh Mücke reported revenues of €101.8 million in 2024, down from €104.7 million in 2023, when sales briefly returned to ...
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ArticleDesigner Brands shifts focus to cutting costs, protecting margin after ‘soft start’ to 2025
Designer Brands said it was withdrawing sales and earnings guidance for the full year and shifting its focus to cutting costs, protecting margins and mitigating the impact of tariffs amid macroeconomic uncertainty, deteriorating consumer sentiment and a “soft start” to its fiscal year. The company, which owns the DSW chain, ...
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ArticleInditex posts disappointing Q1 sales
In the first quarter ended April 30, Inditex saw its sales grow by 1.5 percent to €8.3 billion. The top line was 4.2 percent higher at constant currencies and up by 5.3 percent adjusted for the calendar effect of the leap year. The group said that its spring/summer collections were ...
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ArticleDr. Martens to cut discounts, widen offering as part of new CEO’s turnaround plan
Dr. Martens is cutting discount sales and promoting other products as it forecast a return to profit this financial year under a turnaround plan led by its new boss Ije Nwokorie. The British footwear group said its narrow focus on boots “failed to take full advantage of our strong shoes, ...
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ArticleGenesco reaffirms earnings guidance after better-than-expected Q1
Genesco reaffirmed its earnings guidance for its full fiscal year, after turning in a better-than-expected top and bottom line performance in the first quarter and putting in place mitigation measures to offset the impact of US import duties. In the three months ended May 3, Genesco’s sales rose by 4 ...
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News briefs
Bata India's revenues, earnings slip
In the fourth quarter ended on March 31, Bata India’s revenues slipped by 1 percent year-on-year to 7.888 billion rupees (€80.4m) and net profit dropped 28 percent to INR 459 million (€4.7m). The operating profit dropped to INR 374 million (€3.8m) in the fourth quarter from INR 583 million the ...
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ArticleCaleres cuts costs, accelerates shift away from China after worse-than-expected Q1
Caleres said it will cut costs and continue a shift away from sourcing from China, after posting worse-than-expected sales and earnings in its first quarter ended May 3. The disappointing performance came as US import tariffs started to have an effect and amid signs of worsening customer credit issues. Sales ...
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ArticleShoe Carnival accelerates rebannering, confirms guidance as Shoe Station outperforms
Shoe Carnival announced it was once again speeding up plans to rebrand stores to its premium Shoe Station label, with Shoe Station now set to represent over 80 percent of its store fleet by March 2027, a significant increase from its previous 51 percent target. The footwear retailer’s ambitious plans ...
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ArticleJimmy Choo’s sales weighed down by the Americas, Asia
In the fiscal fourth quarter ended March 29, Jimmy Choo, the luxury footwear brand owned by Capri Holdings, posted revenues of $133 million, down by a reported 2.9 percent and by 1.5 percent at constant currency rates, due to lower sales in the Americas and Asia-Pacific Revenues in the Europe, ...
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News briefs
Golden Goose posts a double-digit growth rate in Q1
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first quarter of 2025 net revenues rose by 12 percent year-over-year at constant exchange rates to €164.5 million, driven by the direct-to-consumer (DTC) channel. Overall DTC sales were up by 19 percent, ...
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ArticleDeckers’ Q1 sales seen rising less than expected as tariffs start to bite
Deckers Brands forecasted that sales in the first quarter ending June 30 will rise to $890-910 million from the $825 million reported the year earlier, falling below an analyst consensus for a top line of about $919 million. Deckers said the first-quarter forecast factored in the impact of US import ...
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ArticleShoe Zone stumbles to H1 loss on weaker demand, weather
Shoe Zone has swung to a half-year loss and scrapped its dividend, blaming weakening consumer confidence and unseasonal winter weather conditions in the first quarter, sending shares in the retailer crashing by a fifth. The British footwear retailer posted a pre-tax loss of £2.3 million (€2.72m) for the 26 weeks ...
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ArticleCoats upbeat despite US tariff uncertainty
Coats said that its first-half results are on track to finish higher than last year, despite US President Donald Trump’s global tariff regime causing “elevated uncertainty” in a number of its markets. The industrial thread and footwear components maker said revenues in the four months to April 30 had risen ...
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ArticleBoot Barn starts Q1 with double-digit sales growth, sees tariff impact in H2
Boot Barn has continued to report double-digit sales growth at the start of its new fiscal year after its top line rose by 16.8 percent to $453.7 million in the fourth quarter ended March 29. Management has cautioned, however, that both sales and profit margins are expected to come under ...
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ArticleBirkenstock hikes its guidance after strong Q2
Birkenstock Holding, the UK-based parent company of the German sandal maker, increased its full-year guidance after posting a strong set of results for its fiscal second quarter ended March 31. The company now anticipates full-year revenue growth at the high end of its guidance of a 15 to 17 percent ...
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ArticleFerragamo suffers a decline in Q1 sales
Salvatore Ferragamo’s sales declined slightly in the first quarter of 2025, raising doubts about the Italian fashion house’s ability to effectively relaunch its business. In March, Marco Gobbetti stepped down as Chief Executive Officer and General Manager, three years after joining the company from Burberry. The company booked overall revenues ...
