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Tendam's Q3 revenues increase by 31.3 percent
Image: Tendam Brands
Tendam Brands, Tendam's parent company reported third quarter revenues of 258.8 million euros, up 31.3 percent versus the same period in 2020 and outperforming the sales figure for Q3 2019 by 2.5 million euros.
The company said, like-for-like sales between September and November were up 26.5 percent versus the same period in 2020 and 5.7 percent versus Q3 2019. In the first nine months of 2021, from March to November, like-for-like sales grew by 22.2 percent versus 2020 and 0.7 percent versus 2019.
Commenting on the company's results, Tendam chairman and CEO Jaume...
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Dr. Martens posts Q3 revenues growth of 11 percent
Image: Kenny Wilson, CEO, Dr. Martens
Third quarter group revenue at Dr. Martens was 307 million euros, up 11 percent or 15 percent on a constant currency basis. On a two-year basis, revenue was up 21 percent.
The company delivered DTC revenue growth of 33 percent and 50 percent on a two-year basis. Ecommerce grew strongly in addition to a very good recovery of retail, resulting in improved DTC mix, up 10 pts to 64 percent.
“We delivered a good performance during our largest quarter, with direct to consumer revenues growing 33 percent versus Q3 last year to 64 percent revenue mix. We...
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