News

Inventory challenges hurt Stella International in Q1

21/04/2023

Footwear group Stella International shipped 9.6 million pairs of shoes in the first quarter of 2023. This represents a fall in volume of more than 30% year on year.

In terms of value, its first-quarter sales this year brought in $277.4 million, a fall of 25.9% compared to the same period in 2022.

To continue reading this story, please sign in or register.