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Article Date: October 2020
Word Count: 133

Stella’s Struggles Continue into Q3


Manufacturing sales at footwear maker Stella International improved sequentially in the third quarter, but were still down 25% to $336.7 million from $447.9 million on reduced demand from customers due to Covid-19. Pairs declined by 24% to 12.3 million from 16.1 million, and ASP was off 1% to $27.50 from $27.80. Including the company’s branding and other businesses, total sales declined 23% to $344.5 million from $449.3 ... Log in to view full article.

 


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