Apparel
Nike placed in the winner’s circle for the sixth consecutive year. Deckers Outdoors joined Nike for the first time. Steve Madden delivers on improvement and performance but fails to deliver on value. With the many ups and downs through the pandemic, operating margins declined by 2%, while inventory turns declined by 14%. Over the decade, the industry chased lower labor costs and is currently struggling to deliver orders reliably in the face of demand volatility and shifting sourcing strategies.
Made with FlippingBook - Online Brochure Maker