United States
Shoe Carnival updates guidance
The US-based retailer of footwear and accessories reported results for the second quarter and six months ended on the 4th of August. Earnings guidance uplifted as a result of good set of results
Double-digit growth for Nike's revenue
The Oregon-based sportswear giant has announced results for the fourth quarter and fiscal 2018. Revenue grew by 13% in the last quarter pf the year. Year closed with a 6% increase in revenue
Vans revenue to grow by 2 billion US dollars
VF Corporation, owner of Vans, estimates revenue growth for its brand of 2 billion US dollars, to reach 5 billion US dollars by fiscal year 2023, representing growth rates between 10% to 12% over the five-year period
JackRabbit acquires Rhythm Running
Going back to the acquisition market, JackRabbit announced the company has acquired Nashville-based Rhythm Running. In addition, the company is opening new stores
Nike to sell on Jet.com
Walmart-owned Jet.com will start offering Nike product in October ahead of the holiday season as part of a relaunch focused on urban dwellers. Converse will also be available
Miscellaneous Tariff Bill signed into law
Last night President Trump signed the Miscellaneous Tariff Bill (MTB) into law. The MTB will provide temporary tariff cuts for certain items not made or available in the US including 65 different types of footwear. The House and Senate passed the bill with overwhelming bipartisan support
Dick's Sporting Goods with dedicated eCommerce Head
The Pittsburgh-based retailer has announced a new Chief eCommerce and Supply Chain Officer. The company is focusing on enhancing the customer's digital experience
Crocs to outsource all manufacturing
The US-based company famous for its clogs, has announced it is closing its last facility and going forward will outsorce all production
Genesco with positive quarter
The Nashville-based company has announced results for the second quarter, marked by positive growth in sales. The company confirmed its previously announced guidance
Kohl’s to sell Nine West products
Kohl’s announced a strategic partnership with Authentic Brands Group (ABG), owner of the Nine West brand, to include the iconic lifestyle brand into its powerful brand portfolio
Shoe Carnival with new Executive Vice President
Back in August the Evansville-based retailer of footwear and accessories, announced the appointment of brand and marketing veteran, Mark Worden, to the newly created role of Executive Vice President, Chief Strategy and Marketing Officer
Caleres second-quarter profit rises
The St. Louis-based company has announced a set of good results for the second quarter and first half. Increasing sales and two digits growth rate in net earnings marked the pace of the company's performance
Foot Locker and Asics launch exclusive collection
The two brands have gathered to announce the launch of the "Welcome to the Dojo" pack, an exclusive apparel and footwear collection inspired by ASICS' Japanese heritage
Wolverine raises full-year earnings outlook
A solid underlying revenue growth now announced by the Rockford-based footwear group lead to strong operating margin expansion over prior year. Wolverine raised full-year earnings guidance and updated its full-year outlook
Steve Madden performs in line with expectations
The US-based designer and marketer of fashion footwear and accessories for women, men and children, announced financial results for the second quarter ended on the 30th of June. Results are in line with the management's expectations-
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