Design

Rocky Brands reports 57 percent increase in Q1 revenue

2 days ago   |   By Fashion United

Image: The Original Muck Boot, Facebook
Rocky Brands, a designer, manufacturer and marketer of footwear and apparel, has reported a 57.3 percent increase in first-quarter revenue to 87.7 million dollars.
The US company saw sales in its wholesale segment increase 69.1 percent in the quarter, while sales in its retail segment were up 42 percent.
Net income increased 278.1 percent to 4.5 million dollars.
Rocky Brands acquired the performance and lifestyle footwear business of Honeywell International for 230 million dollars during the quarter.
The acquired portfolio comprised brands Muck Boot...
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Boohoo reports 41 percent revenue increase, earnings up 37 percent

2 days ago   |   By Fashion United

Boohoo, Facebook
Boohoo Group's revenue for the year increased by 41 percent to 1.745 billion pounds, while adjusted EBITDA was 173.6 million pounds, an increase of 37 percent on the previous year.
The company's profit before tax was 124.7 million pounds, an increase of 35 percent, while adjusted diluted earnings per share was 8.67p, up 47 percent on the prior year and diluted earnings per share rose to 7.25p, an increase of 36 percent.
Commenting on the company's full year results, John Lyttle, Boohoo CEO, said: “FY21 has been a year of significant investment for the group as we build a...
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