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Article Date: December 2007
Word Count: 176

STELLA sales rose 15% to $285.1 million


STELLA salesrose 15% to $285.1 million, and net earnings increased 35% to $40.9 million forQ3 ended Sep. 30. A 10% higher ASP ($21.50) and development of the group’sretail chain contributed to the bottom line increase. For the first nine monthsof the year, sales went up 17% to $702.4 million, and net earnings grew 27% to$91.1 million. ASP for the first nine months of the year rose 8% to $19.60, andproduction increased 9% to 35.4 million pairs. Women’s fashion shoes more thandoubled to $231.5 million, passing both men’s casual ... Log in to view full article.

 


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