Unaudited figures from footwear group Stella International indicate that the group shipped 53 million pairs of shoes and boots in 2024, bringing in revenues of $1.5 billion.

These figures indicate growth of 8.2% in volume and of 3.5% in value compared to Stella’s results for 2023.

The group achieved an average sales price of $28.40 per pair in 2024, down by 4.4% year on year.

Chief executive, Chi Lo-Jen, said Stella had benefited from having a diverse customer portfolio. He said orders from “customers in higher-margin categories” had increased and that the group believes this trend will continue into 2025.

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