All Financial results articles – Page 2
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ArticleShoe Zone sees tough trade ahead as H1 losses widen
Shoe Zone has warned that it still faces tough trading conditions due to increased consumer caution and the Iran war after earnings slid further into the red at the half-year stage. Revenues of the British footwear retailer fell by 12 percent in the 26 weeks to March 28 to £63 ...
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ArticleAlpargatas’ sales momentum continues in Q1
Alpargatas continued to see top line momentum in the first quarter of 2026, with net sales increasing by 12.5 percent compared to the year earlier to 1,229.5 million Brazilian reais (€212.3m), up slightly from the 11.8 percent growth rate seen in the previous quarter. Total sales for the Havaianas brand, ...
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ArticleAzzas 2154’s Q1 footwear, accessories sales fall 7%
The Brazilian footwear and apparel group Azzas 2154 said that first-quarter gross revenues for its footwear and accessories business unit decreased by 7.0 percent to 967.0 million reais (€167.4m) and were down by 6.9 percent when adjusted to exclude discontinued brands. The sales decline was driven by sell-in channels, which ...
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ArticleGrendene’s sales decline on lower shoe prices
In the first quarter of 2026, Grendene posted gross revenues of 682.9 million Brazilian reais (€118.4m), a decrease of 3.2 percent compared to a year earlier due to lower shoe prices. Sales volumes were up by 1.6 percent to 25.7 million pairs but the gross revenue per pair declined by ...
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ArticleWeyco’s sales steady in Q1 as market, tariff uncertainty continues
Weyco said it generated $68.0 million in sales in the first quarter of 2026, steady compared the year earlier, as its Florsheim brand performed strongly but other brands faced headwinds in a market environment the company described as uncertain. First-quarter net sales from Weyco’s North America wholesale segment decreased by ...
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ArticleSteve Madden lifts its sales guidance on Kurt Geiger’s momentum
In the first quarter of 2026, Steve Madden increased revenues by 18 percent year-over-year to $653.1 million, thanks to the acquisition of Kurt Geiger, which completed on May 6, 2025. Excluding the British brand, revenues decreased by 4.8 percent, driven lower by footwear sales in the wholesale channel. Nevertheless, ...
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News briefs
Next lifts guidance, will hike prices to mitigate Iran war impact
Next lifted its full-year guidance and said it planned to raise prices by up to 8 percent in some countries outside Europe due to the Iran war. The British fashion retailer increased cost estimates stemming from the Middle East conflict to £47 million (€54.4m) from £15 million (€17.36m) on the ...
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ArticleZalando maintains its full-year guidance
Zalando maintained its full-year guidance with the release of its first-quarter results as it claims that consumer demand persists despite a difficult business environment. In the first quarter, the revenues of the German online fashion retailer rose by 23.8 percent to €2.996 billion, partially lifted by the acquisition of About ...
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News briefs
Sergio Rossi posts a loss in 2025
Sergio Rossi, the Italian shoemaker owned by the Chinese luxury goods firm Lanvin Group, increased its contribution loss to €3 million in 2025, partially mitigated by strict cost control, as its gross margin decreased to 32 percent because of changes in channel mix and lower production scale. Meanwhile sales declined ...
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ArticlePrada’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. Retail sales for the ...
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ArticleCrocs 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. Revenues for the full year are now expected to be in a range of down 1 percent to ...
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News briefs
Zegna posts more than 7% organic growth
Ermenegildo Zegna generated revenues of €470.2 million in the first quarter of 2026, up by a reported 2.5 percent compared to the year earlier and reflecting 7.4 percent organic growth. By sales channel, direct-to-consumer (DTC) sales rose by 7.8 percent to €371.9 million, with organic growth of 14.2 pecent and ...
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ArticleRocky 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 ...
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ArticleAsos 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. The British fast fashion retailer said it had started the process using a government portal opened up after the US Supreme Court ruled ...
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ArticleClarks 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. Pre-tax profit came in at £44.8 million (€51.64m) for the year to Dec. 31, compared to a loss of £39.2 ...
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ArticleShoe 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. The British footwear chain, which has 259 stores nationwide, also said recent government budget measures October had “increased customer caution”. Shoe Zone, which employs about 2,000 people, said ...
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ArticleLowa 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 ...
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News briefs
Saucony enjoys strong growth in China
Xtep International Holdings’ first-quarter update reveals a two-speed picture: modest recovery for its core label and an accelerating trajectory for Saucony, the US heritage running brand it operates in mainland China. The Hong Kong-listed group reported mid-single-digit year-on-year retail sell-through growth for its core brand in mainland China during the ...
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ArticleStella’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 ...
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ArticleYue 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. Yue Yuen Industrial (Holdings) Limited has issued a profit warning disclosing that net profit attributable to shareholders for ...
