Footwear group Stella International has reported revenues of $327.4 million for the first quarter of 2026, growth of 2.2% compared to the same period last year.

In terms of volume, the group shipped 11.9 million pairs over the three-month period. This figure represents a fall of 1.7% year on year. 

It said this fall in production volume was because of fewer working days at its factories in Bangladesh and Indonesia, where workers were celebrating the end of Ramadan.

Stella’s average price per pair in the January-March period in 2025 was $26.40. In the same period in 2026 was $27.40, an increase of 3.8%.

Chief executive, Chi Lo Jen, said the group expected demand from customers from categories including high-fashion to remain robust.

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