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Why Indonesia factory will help Stella grow its luxury business

17/10/2024

Footwear group Stella International has reported revenues of more than $1.1 billion for the first nine months of 2024, an increase of 4.9% year on year.

Over the nine-month period, Stella shipped 39.4 million pairs of shoes and other footwear, a rise in volume of 10.1%. But its average selling price per pair was down by 4.7% to reach $28.60.

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