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Article Date: January 2024
Word Count: 150

Stella International Bounces Back in Q4


The high-end sneaker and fashion footwear maker’s sales grew 14% in the final quarter to $380.3 million from $335.1 million, lapping a down quarter last year when brands started cutting orders to combat excess inventories. Pairs sold accounted for most of the increase, gaining 11% to 13.2 million, while ASPs inched up 2% to $28.80 per pair. The rebound came in spite of 13% lower sales ... Log in to view full article.

 


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