Stella Sales Soar as Manufacturing Biz Recovers
Footwear maker Stella International Holdings, which makes higher-end sneakers as well as fashion and casual shoes, saw a 28% increase in revenues to $439.3 million from $344.5 million in the third quarter. Pairs increased 22% to 14.9 million from 12.3 million, and the rest of the dollar change came from a 5% expansion in ASP to $28.90 from $27.50, which came from a shift in customer mix as well as ... Log in to view full article.
