January 12, 2021
Adobe Analytics found that U.S. e-commerce sales were up 32% to $188.2 billion this holiday season, while Salesforce was more optimistic, reporting a 43% jump in U.S. online sales to $236 billion.
Rocky said it expects its business in Q1 and Q2 to easily beat last year, but after that will return to long term trends of low- to mid-single-digit wholesale growth, and low-double-digit retail growth, it told investors at the ICR conference.
Revenues exceeded guidance, falling just 2% in the fiscal first quarter to $94.0 million from the prior year’s $95.9 million, the company revealed in preliminary results released ahead of the ICR conference.
Hydro Flask parent Helen of Troy mapped its plan to move Hydro Flask forward after its down Q3, in a presentation at the ICR Conference.
Revenues at the Chinese shoe maker and retailer were off 16% to $8,445,383,000 last year from $10,106,013,000 in 2019, but a strong finish to the year sent Pou Sheng retail up 1% in dollars to $3,962,333,000 from $3,929,716,000.
Mule Town in Guiping, in China’s Guangxi region, held the Guiping China International Cultural Tourism and Casual Sportswear Festival on Jan. 1 to mark the start of the development of the Guiping Textile and Garment Industrial Park.