Financial

Stella Intl. Q1 sales hurt by lower shipments but ASP improves

By 2023-04-21T08:39:00

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Hong Kong-based Stella Intl. Holdings Limited suffered a nearly 26 percent drop in Q1 revenues to $277.4 million from $374.6 million. Year-over-year footwear shipments declined by 31 percent to 9.6 million pairs from 14.0 million in the year-ago period as certain sport and casual customers pulled back on ordering to ...

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