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.