All Financial results articles – Page 3

  • steve madden logo
    Article

    Steve Madden lifts its sales guidance on Kurt Geiger’s momentum

    2026-05-08T14:20:00Z

    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, ...

  • News briefs

    Next lifts guidance, will hike prices to mitigate Iran war impact

    2026-05-08T14:20:00Z

    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 ...

  • Zalando_logo.svgz
    Article

    Zalando maintains its full-year guidance

    2026-05-07T15:10:00Z

    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 ...

  • News briefs

    Sergio Rossi posts a loss in 2025

    2026-05-06T14:04:00Z

    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 ...

  • prada logo
    Article

    Prada’s Q1 sales bolstered by Versace acquisition

    2026-04-30T17:26:00Z

    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 ...

  • Crocs Inc Logo
    Article

    Crocs raises 2026 sales, earnings guidance after better-than-expected Q1

    2026-04-30T17:26:00Z

    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 ...

  • News briefs

    Zegna posts more than 7% organic growth

    2026-04-30T17:25:00Z

    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 ...

  • Rocky Brands
    Article

    Rocky Brands’ sales momentum continues in Q1 but tariffs squeeze margins

    2026-04-29T13:51:00Z

    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
    Article

    Asos seeks £7m in US tariff refunds as H1 losses narrow

    2026-04-24T15:11:00Z

    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 ...

  • Clarks
    Article

    Clarks returns to profit after two years but warns of tough backdrop

    2026-04-24T14:36:00Z

    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 ...

  • Shoe Zone logo
    Article

    Shoe Zone expects to post a loss this year

    2026-04-23T16:05:00Z

    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 ...

  • lowa_sm_4c
    Article

    Lowa posts record results

    2026-04-22T14:22:00Z

    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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    Saucony enjoys strong growth in China

    2026-04-22T14:14:00Z

    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 ...

  • stella_international_ltd_logo
    Article

    Stella’s shipments decline in Q1 due to Ramadan celebrations

    2026-04-22T06:27:00Z

    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
    Article

    Yue Yuen warns of up to 55% profit drop as tariffs hit Q1 output

    2026-04-21T15:15:00Z

    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 ...

  • Hermès
    Article

    Hermès misses sales expectations

    2026-04-17T11:13:00Z

    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. “In a ...

  • News briefs

    LVMH posts weak sales in Q1 as Middle East conflict weighs

    2026-04-14T11:19:00Z

    LVMH’s fashion and leather goods division posted revenues of €9.247 billion in the first quarter of 2026, down by a reported 9 percent year-over-year and down by 2 percent organically. Financial analysts were expecting sales of nearly €9.5 billion. The group said that the division’s top line was impacted by ...

  • allbirds logo
    Article

    American Exchange Group to buy Allbirds for $39m

    2026-04-02T07:56:00Z

    American Exchange Group entered into an agreement to buy all of Allbirds’ intellectual property as well as certain other assets and liabilities for $39 million. The price tag is a far cry of the more than $4.0 billion market capitalization the California-based producer of Wool Runner merino shoes, and other ...

  • News briefs

    Debenhams beats its guidance

    2026-03-31T08:25:00Z

    Debenhams Group, the British fast fashion retailer which previously traded under the Boohoo name, said that it posted an adjusted Ebitda of £53 million (€61m) in the financial year to Feb. 28, 2026, beating its guidance of £50 million released in January. Full-year adjusted Ebitda rose by 36 percent year-on-year, ...

  • Designer_Brands_Logo
    Article

    Designer Brands sees sales flatlining, profit margins increasing

    2026-03-30T06:46:00Z

    Designer Brands expects sales in fiscal year 2026 to be unchanged at the midpoint of its guidance for the year, while it anticipates “meaningful” growth in operating income and earnings per share despite the volatile macroeconomic backdrop. The company, which owns the DSW chain, The Shoe Company and the Canadian ...