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‘Athleisure’ continues to eat into Stella International’s fashion shoe business

20/03/2017

Footwear group Stella International has released its audited results for 2016. Full-year revenues were just over $1.5 billion, which represents a decline of 12.4% compared to the figure for 2015. In terms of volume, Stella sold 52.9 million pairs of shoes last year, 9.1% down year on year. On releasing the results, Stella said the lower figures...

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