All Stella articles
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News briefsStella Intl. generates higher FY sales, shipments
Stella International, the publicly traded developer of footwear and leather goods, experienced a 3.5 percent increase in unaudited consolidated revenues to $1,545.1 million for the 12 months ended Dec. 31.
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News briefsStella Intl. increases FY operating profit despite lower sales
Hong Kong-based Stella Intl. reported a 15 percent improvement in year-over-year operating profit to $152.0 million after changes in fair value of financial instruments. Annual Ebit rose by 21 percent to $161.3 million from $133.2 million and FY profit increased by 20 percent to $140.3 million. Stella’s annual revenues contracted ...
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News briefsStella is seeing a slowdown in sales
In the third quarter of 2022, Stella International, a Southeast Asia shoe manufacturer that is also a retailer, increased overall revenues by 4.8 percent year-over-year to $460.5 million, with manufacturing revenues rising to $453.6 million from $431.6 million. In the first nine months of the year, revenues increased by 13.5 ...
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News briefsStella will produce more in Indonesia
While starting up its new shoe manufacturing facility in Solo, Indonesia, Stella International Holdings Limited is already planning to add a second factory to make 15 million pairs a year in the country, following a $120 million investment from its largest client, which represented 34 percent of its revenues last ...