Stella Sees Modest Growth in 2018
Strong growth in the fashion athletic manufacturing segment helped offset the impact of the Rockport bankruptcy on its FY ended Dec. 31 as manufacturing revenue increased 3% to $1,550.7 million from $1,510.3 million with pairage up 6% to 60.2 million and ASP off 3% to $25.80. In its retail operations in Europe, revenue rose 11% for the year to $17.3 million from $15.6 million on a 2.7% comp gain. Stella also divested its ... Log in to view full article.