The footwear maker’s manufacturing revenue in the final quarter was down 9% to $339.9 million from $374.3 million as it lapped an exceptionally strong Q4 last year and is currently prioritizing margin improvement over revenue growth. Full year footwear sales were down 1% to $1,530.3 million from $1,550.7 million. Stella’s small European retail operation, which has been downsizing and restructuring for several quarters, was down 18% to $2.7 million in Q4 and down 46% to ... Log in to view full article.