International sales represented 65 percent of total sales, the company noted.
https://footwearnews.com/business/earnings/skechers-skx-q1-2024-earnings-1203619672/
The brand expects expects U.S. wholesale revenue to be down double-digits in 2025.
https://footwearnews.com/business/earnings/dr-martens-stock-us-sales-results-challenged-1203614470/
Adidas' latest Yeezy drop generated revenues of around 150 million euros.
CEO Régis Schultz faced a barrage of questions from analysts on Thursday related to its business with Nike.
https://footwearnews.com/business/earnings/jd-sports-nike-product-demand-wanes-1203606325/
Shares for JD Sports Fashion Plc were up nearly 15 percent on Thursday.
https://footwearnews.com/business/earnings/jd-sports-fiscal-2024-earnings-outperform-1203606193/
Revenue increased 16.2 percent to a record 62.36 billion Chinese yuan ($8.63 billion) in 2023.
Analysts say Nike missed out on some crucial distribution channels by mainly focusing on DTC sales.
https://footwearnews.com/business/earnings/nike-wholesale-push-q4-analysts-1203604082/
The sales and earnings beat came after a challenging Q2 in December, when Nike announced new measures to “streamline” its organization.
https://footwearnews.com/business/earnings/nike-q3-sales-earnings-restructure-1203603908/
Despite Nike growth, DSW still wants to grow its penetration of owned brands.
https://footwearnews.com/business/earnings/dsw-nike-penetration-nearing-pre-covid-levels-1203603666/
Net sales for the full year fell 3.7 percent to $6.16 billion, down from $6.40 billion in 2022.