All Financial results articles – Page 6
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ArticleYue Yuen’s manufacturing business underpins revenues
Yue Yuen recorded higher shipment volumes, driven by increased orders from multiple brands in the first half of 2025, as well as a rebound in average selling prices. However, the world’s largest manufacturer of footwear was again saddled with uneven production leveling and higher labor costs, both of which ...
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ArticleSkechers surprises with strong Q2
After a varied start to the year, Skechers surprised with strong momentum in the second quarter – thanks mainly to a boom in demand in Europe and positive currency effects. While US markets are stagnating and China is weakening, the company is benefiting from its strong international presence. Sales rose ...
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ArticleAzzas 2154’s adjusted footwear sales rise slightly
The Brazilian footwear and apparel group Azzas 2154 said that gross revenues for its footwear and accessories business unit fell by 2.0 percent in the second quarter of 2025 compared to the year earlier, reaching 1,105 million reais (€173.2m). But, when adjusted to only continued brands, the top line of ...
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ArticleAlpargatas’ Q2 earnings surge
In the second quarter, Alpargatas posted net sales of 1.101 billion Brazilian reais (€174.0m), up 8.3 percent, with the key Havaianas brand also rising by 8.3 percent to R$ 1.090 billion. The Brazilian footwear group sold 48.8 million pairs during the three months ended June 30, representing a 5.7 percent ...
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ArticleGrendene’s Q2 sales driven higher by exports
In the second quarter of 2025, Grendene’s gross revenues rose by 25.1 percent year-over-year to 756.2 million Brazilian reais (€119.6m), thanks to an 88.0 percent rise in international sales to R$ 183.7 million (€29.0m) and a 13.0 percent rise in domestic sales to 572.5 million (€90.5m). The volume of pairs ...
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ArticleAllbirds cuts its sales guidance but still sees growth in Q4
Allbirds cut its sales guidance for the full year but still expects initiatives focused on new products, marketing and ”customer experience” will help the US footwear group return to a sales growth in the fourth quarter. In the second quarter of 2025, net revenues come in at $39.7 million, ...
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Articles.Oliver expands its management to include the Rellecke brothers
The German clothing and footwear group s.Oliver reported positive results for 2024 and announced a restructuring of its management team as it continues to adjust its strategic direction. Effective Sept. 1, the brothers Julian and Johannes Rellecke will join the management team, with the former overseeing product, design and ...
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ArticleCrocs expects sales decline in Q3; omits full-year guidance
In the second quarter of 2025, Crocs reported an operating loss of $428 million versus a year-ago profit of $326 million, despite higher sales and an improved gross margin. The loss stems from asset impairments totaling $737 million for the Heydude trademark and goodwill. Sales grew by 2.7 percent at ...
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ArticleWeyco’s revenues decline in Q2 as US tariffs hit consumption
In the second quarter of 2025, Weyco’s net sales fell by 9 percent to $58.2 million, with all its key brands declining. The company blamed so-called reciprocal trade tariffs introduced in April by the US President, Donald Trump, of impacting consumer purchases in the US. “The tariff environment created headwinds ...
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ArticleSaucony, Merrell fuel growth for Wolverine in Q2
Wolverine Worldwide reported strong second-quarter results with gains in revenues, gross margin and operating income. The group’s results were driven by its key Saucony and Merrell brands. “Our second quarter results exceeded our expectations, which led to the strongest revenue growth we’ve seen in several years. This growth, coupled with ...
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ArticleZalando’s Q2 revenues grow by over 7%, earnings remain stable
In the second quarter of 2025, Zalando’s gross merchandise volume (GMV) increased by 5.0 percent year-over-year to €4.1 billion, while revenues grew by 7.3 percent to €2.8 billion euros. Adjusted earnings before interest and taxes reached €186 million, up from €172 million a year earlier, resulting in a stable margin ...
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News briefs
HDS/L celebrates 75th anniversary and elects a new board
The German footwear and leather goods trade association HDS/L hits the three-quarter century mark and prepares for the future with an overhaul of its board of directors. HDS/L, which currently has 131 members, celebrated its 75th anniversary at BASF’s Gesellschaftshaus in Ludwigshafen. The association has been at the ...
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ArticleBoot Barn lifts full-year guidance on stronger-than-expected Q1
In the fiscal first quarter ended June 28, Boot Barn posted net sales up by 19.1 percent to $504.1 million from $423.4 million a year earlier. Same-store sales rose by 9.4 percent, with comparable sales from physical shops up by 9.5 percent and like-for-like e-commerce revenues up by 9.3 percent. ...
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News briefs
Aeffe’s footwear and leather goods business at breakeven in H1
In the first half of 2025, the revenues of Aeffe’s footwear and leather goods division amounted to €45.9million, down by 18.7 percent, both at constant and current exchange rates compared with the previous year. The division comprises the luxury footwear brand Pollini. The Ebitda of the footwear and leather goods ...
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ArticleNext lifts guidance again as UK summer, M&S hack boosts sales
Next has once again lifted its guidance after a warmer summer and a cyber hack at its rival Marks & Spencer boosted sales. Full-price sales in the 13 weeks to July 26 rose by 10.5 percent compared with the same period last year, £49 million (€56.6m) ahead of the British ...
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ArticleFerragamo’s sales dragged down by the wholesale channel
Salvatore Ferragamo’s total revenues declined by a reported 9.4 percent year-over-year, and by 7.1 percent at constant exchange rates, in the first half of 2025 to €474 million, with wholesale revenues declining by double-digit rates due to a challenging business environment. The decrease in sales of the Italian fashion group ...
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ArticleVF aims for accelerated sales growth at The North Face, Timberland
VF Corp., the parent of Vans, The North Face, Timberland and other brands, reported a narrower-than-forecast loss and total first-quarter sales that exceeded projections. Total group revenues were down 2 percent on a constant currency basis to $1.76 billion as the operating loss came in at $86.6 million against a ...
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ArticleGeox's H1 sales dip 5% but profitability improves on cost-cutting measures
Geox generated sales of €305.3 million in the first half of 2025, down by 4.7 percent compared to the year earlier and 4.9 percent lower at constant currency rates, as the top line was affected by weaker consumer demand and the recent closure of the Italian company’s US and China ...
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ArticleSteve Madden’s Q2 results hit by US tariffs
Steve Madden swung to a loss in the second quarter of 2025 as its results were affected by the introduction of import tariffs by the US President, Donald Trump. “As anticipated, the second quarter was challenging, driven largely by the impact of new tariffs on goods imported into the United ...
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News briefs
Temasek buys a 10% stake in Ermenegildo Zegna
Temasek, a Singapore-headquartered investment company, has increased its stake in Ermenegildo Zegna to 10 percent. The Italian fashion house has sold 14.1 million treasury shares to Temasek at $8.95 each. Thanks to the deal, Ermenegildo Zegna receives $126.4 million in cash. The funds will reinforce its balance sheet “at a ...
