All Financial results articles – Page 5
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ArticleSpartoo continues to see a decline in sales
In the first half of 2025, Spartoo suffered an 8.3 percent year-over-year decline in gross merchandise value (GMV) to €83.4 million, resulting in an 8.2 percent drop in revenues to €59.9 million. In the full year 2024, the group posted a 7.7 percent decrease in GMV to €184.7 million, resulting ...
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ArticleBirkenstock hikes its full-year sales guidance
Birkenstock Holding, the UK-based parent company of the German sandal maker, has increased its full-year sales guidance and is acquiring a manufacturing site in Germany. The company expects fourth-quarter revenues to total at least €520 million, representing year-over-year growth of at least 14 percent on a reported basis and 18 ...
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ArticleNeroGiardini hopes to stabilize revenues as it celebrates its 50th anniversary
NeroGiardini is celebrating its 50th anniversary. During Micam, the international footwear trade show held from Sept. 7 to 9 at the Fieramilano Rho exhibition center outside Milan, the Italian shoemaker held an event at its showroom in central Milan for domestic and international customers. As part of the celebrations, there ...
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ArticleNext posts profit jump but warns of ‘anaemic’ growth in UK
Next posted a surge in half-year earnings boosted by international sales, sunny weather and cyber-attack disruption at rival Marks & Spencer, but warned of “anaemic” UK growth in the second half due to higher taxes. Total sales for the British fashion retailer in the six months to July 30 ...
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ArticlePrimark warns weak consumer confidence hit UK, European sales in H2
Primark’s underlying sales are expected to decline in the second half of the year as weaker demand in Europe and economic uncertainty around potential tax rises in the UK hit consumer confidence, said Associated British Foods (ABF), the parent company of the fast-fashion retailer. Total like-for-like sales at Primark for ...
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ArticleDesigner Brands ‘cautiously optimistic’ after Q2 earnings beat
Designer Brands said it was “cautiously optimistic” about its outlook for the full fiscal year after posting better-than-expected earnings in the second quarter and as positive sales momentum seen during the period continued at the start of the third quarter. The company, which owns the DSW chain, The Shoe Company ...
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ArticleInditex enjoys a strong start to the autumn/winter season
In the first half ended July 31, Inditex posted sales of €18.4 billion, up by a reported 1.6 percent year-on-year and 5.1 percent higher at constant currencies. The Spanish fashion retailer, which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, added that its autumn/winter collections were well-received, ...
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ArticleCaleres’ earnings, sales fall in Q2 on declining sales and margins
Caleres saw its earnings fall sharply in the second quarter of its fiscal year as sales continued to decline and margins were squeezed due to US import tariffs, added inventory reserves and higher clearance promotions at its Famous Footwear chain. Given the continued uncertainty tied to tariffs, Caleres said it ...
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ArticleShoe Carnival lifts earnings guidance as rebranding strategy gains momentum
Shoe Carnival raised its earnings guidance for the full year after posting higher-than-expected profits in the second quarter ended Aug. 2 as a strategy of rebranding stores to its premium Shoe Station label gained momentum. The footwear retailer now expects to report earnings per share of $1.70 to $2.10 for ...
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ArticleZegna’s H1 earnings lifted by exceptional items
Ermenegildo Zegna posted a net profit of €47.9 million in the first half of 2025 compared to €31.3 million a year earlier, driven up by the fair value remeasurement of liabilities for put options and a positive impact from foreign currency exchanges with the depreciation of the US dollar compared ...
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ArticleGolden Goose continues to post a double-digit growth rate
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first half of 2025 net revenues rose by 13 percent year-over-year at constant exchange rates to €342.1 million, driven by the direct-to-consumer (DTC) channel. In the sole second quarter, the top line ...
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ArticleGenesco raises sales outlook as Journeys' momentum continues but margins under pressure
Genesco raised its sales guidance for the full year, as the momentum of the Journeys banner continues to drive better-than-expected top-line growth. The footwear retailer now anticipates total sales growth for the year of 3-4 percent and comparable sales growth of 4-5 percent, an improvement on prior guidance for a ...
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News briefs
Alibaba’s revenues decline in Q1
Alibaba announced that revenues for the fiscal first quarter ended June 30, were up by 2 percent year-on-year to 247.652 billion yuan renminbi ($34.571 billion). Excluding revenues from the disposed businesses of Sun Art and Intime, like-for-like revenues for the Chinese e-commerce retailer increased by 10 percent. Diluted earnings per ...
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News briefs
BasicNet’s revenues decline slightly in H1
BasicNet, which owns Kappa, Superga, Sebago and other brands, reported consolidated revenues of €172.6 million for the first half of 2025, down by 0.7 percent year-over-year. Ebitda dropped by 14.2 percent to €15.1 million. Aggregate brand sales for the Italian group grew by 4.3 percent to €567.1 million, with revenues ...
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News briefs
JD’s sales slip in Q2
JD Sports Fashion said that in the second quarter, or the 13 weeks to Aug. 2, sales fell by a like-for-like 3.0 percent to £3.106 billion (€3.601bn), but were up by 2.2 percent organically. In the first half, sales totaled £5.940 billion (€6.887bn), down a like-for-like 2.5 percent and up ...
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News briefs
Manolo Blahnik’s 2024 sales down 19%
Manolo Blahnik reported that it posted a 19 percent drop in sales to €86.4 million in 2024, after suffering a 10 percent decline in 2023. Last year’s decrease was due to the company’s focus on direct-to-consumer (DTC) channels and macroeconomic headwinds. DTC sales grew by 13 percent to represent 32 ...
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News briefs
Vulcabras’ domestic sales surge
Domestic sales at the Brazilian footwear group Vulcabras grew by 19 percent to 861.2 million (€136.5m) in the second quarter of 2025, while revenues outside the country dipped by 10.4 percent to R$33.6 million (€5.3m). The group reported a 153 percent year-over-year increase in quarterly net income to R$353.3 million ...
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ArticleBirkenstock’s sales lifted by higher volumes and average selling price
In the fiscal third quarter ended June 30, Birkenstock Holding, the UK-based parent company of the German sandal maker, posted revenues of €635.0 million, up by 12 percent on a reported basis and by 16 percent in constant currency rates compared to the previous year. Revenue growth was supported by ...
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News briefs
Shoe Zone halves its earnings guidance again
Shoe Zone halved its full-year guidance for adjusted profit before tax to approximately £2.5 million pounds (€2.9m) from previous expectations of £5.0 million due to poor trading conditions. It also withdrew its current dividend policy. The financial year of the British footwear retailer ends on Sept. 27. In December 2024, ...
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ArticleSabu reports steady performance for 2024 after a record 2023
The German shoe retail cooperative Sabu reported stable results for 2024, with its wholesale unit, Sabu Schuh & Marketing GmbH, posting a sales drop following record figures in 2023, while Unitex GmbH saw an increase in sales. Sabu said it was satisfied with the overall performance and confirmed that member ...
