Zara
Zara’s parent company, Spanish clothing retail giant Inditex Group, announced its results for the first three quarters of fiscal year 2021 (February-October). Net sales for the current period were 19.325 billion euros (approximately US$21.9 billion), compared with 14.085 billion euros in the same period last year. Operating profit (EBIT) for the current period was 3.293 billion euros, compared with 946 million euros in the same period last year. Net profit for the period was 2.5 billion euros, compared with 671 million euros in the same period last year.
H&M
The third quarter financial report released by H&M Group showed revenue of 56 billion Swedish krona (approximately US$6.185 billion), an increase of 9% compared with the same period last year, but it has not yet returned to pre-epidemic levels and was lower than the third quarter of 2019. SEK 63 billion. The financial report shows that China has fallen out of the list of H&M’s top ten markets.
Uniqlo
Japan’s Fast Retailing, the parent company of Uniqlo, released its fiscal year results as of the end of August 2021. Fiscal year revenue was 2,133 billion yen (approximately US$18.7 billion), compared with 2,008.8 billion yen in the previous fiscal year. Operating profit was 249 billion yen, a significant increase from 149.3 billion yen in the previous fiscal year. Net profit for the fiscal year was 169.8 billion yen, compared with 90.3 billion yen in the previous fiscal year.
Gap
Retail apparel company Gap Inc. announced its performance report for the third quarter of 2021 as of the end of October. During the period, it achieved net sales of US$3.943 billion, which was basically the same as the previous year. Compared with the same period in 2019 before the epidemic, comparable sales increased by 5%. Among them, the eponymous brand Gap achieved net sales of US$1.039 billion in the quarter, Old Navy net sales reached US$2.105 billion, Banana Republic net sales reached US$479 million, and Athleta brand net sales reached US$320 million. Gap Group recorded a total net profit of US$272 million in the first three quarters. By the end of the third quarter, it had 3,459 stores in more than 40 countries, including 2,873 company-operated stores.
Nike
Nike (Nike) released its financial report for the first fiscal quarter of the new fiscal year (quarter ended August 31), with revenue of US$12.25 billion, a year-on-year increase of 16%. Revenue in Greater China increased by 11% year-on-year to US$1.98 billion, the smallest increase among all regions. North American revenue increased 15% to $4.88 billion. Nike brand online revenue increased by 29% year-on-year.
Adidas
Adidas announced its financial report for the third quarter of 2021. Quarterly revenue was 5.752 billion euros (approximately 6.506 billion U.S. dollars), a slight increase of 3% year-on-year; net profit from continuing operations was 479 million euros. Following a 16% drop in the second quarter, revenue in mainland China, Taiwan and Hong Kong fell another 15% in the third quarter.
puma
German sporting goods manufacturer PUMA released its third quarter performance report for 2021. Quarterly sales increased by 20% year-on-year to 1.9 billion euros (approximately US$2.15 billion). Sales in the Asia-Pacific region increased by 1.7% to 387 million euros. Net income reached 144 million euros, up from 114 million euros in the same period last year.
Skechers
American sports and leisure brand SKECHERS released its third quarter 2021 results. Quarterly sales were US$1.551 billion, compared with US$1.301 billion in the same period last year. Net profit for the quarter was US$103 million, compared with US$64.28 million in the same period last year.
Under Armor
Under Armor announced its third quarter 2021 financial report, with quarterly net profit increasing to US$113.4 million, compared with US$38.9 million in the same period last year. Revenue increased from US$1.43 billion in the same period last year to US$1.55 billion, a year-on-year increase of 8%.
Lululemon
Lululemon announced its financial results for the third quarter of fiscal 2021. Quarterly net revenue was US$1.45 billion, a year-on-year increase of 30%; net profit was US$188 million, compared with US$144 million in the same period last year, a year-on-year increase of 30.73%.
ASICS
The consolidated financial report released by Japanese sporting goods manufacturer ASICS from January to September 2021 shows that sales increased by 30% compared with the same period last year, reaching 322.2 billion yen (approximately US$2.82 billion). The final profit and loss was a profit of 19 billion yen, compared with a loss of 3.4 billion yen in the same period last year.
Tx
The TJX Companies, Inc. released its third quarter 2021 results report. Quarterly net sales were US$12.532 billion, compared with US$10.117 billion in the same period last year. Net profit for the quarter was US$1.023 billion, compared with US$867 million in the same period last year. Among them, Marmaxx US net sales were US$7.214 billion, HomeGoods US net sales were US$2.254 billion, TJX Canada net sales were US$1.301 billion, and TJX International (Europe and Australia) net sales were US$1.763 billion.
VF
VF Corporation announced its second quarter results for fiscal year 2021 ended September 30. Quarterly net revenue was US$3.198 billion, compared with US$2.608 billion in the same period last year. Quarterly net profit was US$464 million, compared with US$257 million in the same period last year.
<pclQuarterly results. Quarterly net sales were US$1.481 billion, compared with US$1.172 billion in the same period last year; quarterly net profit was US$270 million, compared with US$232 million in the same period last year. By brand, Coach’s net sales were US$1.115 billion, Kate Spade’s net sales were US$300 million, and Stuart Weitzman’s net sales were US$66.5 million.
Michael Kors
Capri Holdings Ltd., the parent company of Michael Kors, announced its second quarter results for the fiscal year ended September 25, 2021. Total quarterly revenue was US$1.3 billion, compared with US$1.11 billion in the same period last year. Among them, Jimmy Choo’s revenue was US$137 million, Versace’s revenue was US$282 million, and Michael Kors’s revenue was US$881 million. Net profit for the quarter was US$200 million, compared with US$122 million in the same period last year.
Hugo Boss
German fashion group Hugo Boss released its third quarter 2021 results. Quarterly sales were 755 million euros (approximately US$855 million), compared with 533 million euros in the same period last year. Quarterly net profit was 54 million euros, compared with 3 million euros in the same period last year.
Burberry
British luxury brand Burberry announced its interim results for the 2021 fiscal year ending September 25. Revenue for the current period was 1.213 billion pounds (approximately 1.62 billion U.S. dollars), compared with 878 million pounds in the same period last year. Adjusted operating profit for the current period was 196 million pounds, compared with 51 million pounds in the same period last year.
ferragamo
Italian luxury goods company Salvatore Ferragamo released its results for the first nine months of 2021. Revenue for the current period was 785 million euros (approximately US$889 million), compared with 587 million euros in the same period last year. Quarterly net profit was 3,990 euros, compared with a net loss of 96.5 million euros in the same period last year.
Canada Goose
Canada Goose announced its financial results for the second quarter of fiscal 2022 ended September 26, 2021. Quarterly revenue was 233 million Canadian dollars (approximately US$182 million), a year-on-year increase of 19.5%; net profit was 9 million Canadian dollars, a year-on-year decrease of 13.5%.
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