United States
Steve Madden: first quarter exceeds expectations
The US-based designer and marketer of fashion footwear and accessories announced first quarter net sales increasing by 6.2%, driven by growth in both the retail and wholesale segments
Tapestry appoints CEO & Brand President for Stuart Weitzman
The New York-based group announced the appointment of Eraldo Poletto as Chief Executive Officer and Brand President of Stuart Weitzman. He is expected to join the Company by the end of April
Nordstrom opens flagship in New York
The US- based retailer opened the doors to its very first flagship today. Located in New York City, with three-level 47 000 square foot, this is the first ever stand-alone men's store of the brand
KEEN welcomes Tim Bartels
Portland-based outdoor and lifestyle footwear brand as announced Tim Bartels as the new Vice President of sales for the Outdoor, Lifestyle and Kids (OLK) categories at KEEN
Foot Locker remains a highly profitable company
Richard Johnson, Chairman of the Board and CEO of the New York-based specialty athletic retailer commented the financial results for Foot Locker's fourth quarter and full year
Retail sales increase by 4.4%
According to the FDRA, Footwear Distributors and Retailers of America, quoting the National Retail Federation, February retail sales increased by 4.4% year-over-year as the economy continued to grow. The numbers exclude automobiles, gasoline stations and restaurants
Macy’s CFO to retire
Macy’s, Inc. announced Karen Hoguet, Chief Financial Officer, will retire by February 2019. Transition plan is underway
Nine West near bankruptcy plans to sell footwear
The New York-based footwear, accessories, women's apparel, and jeanswear company with a portfolio of brands that includes Nine West, Anne Klein, and Gloria Vanderbilt announced that it has filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code
Shoe Carnival’s athletic mix expands to 53%
The company recently reported 2017 results, marked by earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%. Now more details were made public
Finish line sales below forecast
The Indianapolis-based retail chain pre-announced fourth quarter and full year results. Same-store sales arrived below guidance
Shoe Carnival’s earnings at upper end of guidance
Shoe Carnival Inc. reported earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%
JD Sports to acquire Finish Line
The UK-based sports retailer has entered into an agreement to buy Finish Line, an American retail chain dedicated to athletic shoes, apparel and accessories. The new owner will win instant presence in the US
Tapestry appoints Anna Bakst CEO & Brand President
The New York-based house of modern luxury accessories and lifestyle brands announced the appointment of Anna Bakst as Chief Executive Officer and Brand President of Kate Spade
Nike with robust earnings from digital sales
Nike reported financial results for its fiscal 2018 third quarter ended on the 28th February. Revenue growth was led by international geographies and Nike Direct globally
Kathmandu focus on international expansion
The outdoor equipment retailer has returned to international expansion with the acquisition of a US shoe wholesaler about three years after closing its unprofitable British stores-
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