Stella International Weakens in Q4
After a strong H1, the high-end sneaker and fashion footwear maker’s sales fizzled in the final quarter as revenues fell 15% to about $343.3 million from $405.8 million. Full-year sales inched up 6% to about $1,631.0 million from $1,540.6 million. Pairs sold were flat at 56.0 million from 55.8 million for the year, and the ... Log in to view full article.