Stella Says Order Cuts are Moderating
The high-end sneaker and fashion footwear maker said manufacturing revenues declined just 3% in the second quarter to $419.5 million from $432.8 million, a big improvement after the 26% first quarter plunge. Pairs shipped dropped 7% to 14.0 million, while ASP increased 5% to $30.20 per pair, with both product ... Log in to view full article.