Net income dipped 15% to €109,583,000 ($126.0 mm) from €129,228,000 for the fiscal third quarter ended June 30 on revenue that was up 13% (+15% CC) to €719,527,000 ($827.5 mm) from €635,042,000 on growth across regions and channels. The quarter was highlighted by a 50% gain in direct-to-consumer brick-and-mortar and APAC’s continued rapid expansion. In the bid for year-round relevance, closed-toe styles gained another 500 b.p. in top-line share during the quarter.

The B2B channel was up 13% to €441.7 million on double-digit gains at key partners across regions. The majority of ... Log in to view full article.