United States
Tapestry reinforces management
The New York-based luxury house has appointed Doreen Toben and Anne Gates to its Board of Directors. These appointments to the Board bring the total membership to ten. New international managers were also announced
Largest footwear importer slows down
The world’s largest importer, the US, reduced its imports in 2016. The trend continues with a slight decrease in value terms (-1.7%) occurred in the first semester of the current year
Nike consolidates revenue
The Oregon-based sportswear company announced its financial results for the second quarter, marked by revenue growth driven by international geographies and continued strength in Nike Direct
Better than expected month for athletic footwear
According to the NPD Group’s, US athletic footwear sales were better than expected in November, likely driven by the unprecedented promotional environment
VF Corporation with new sustainability & responsibility strategy
The North Carolina-based lifestyle apparel, footwear and accessories company announced its new global sustainability and responsibility strategy, Made for Change. VF aims to lead industrywide environmental and social improvements
Wolverine partners with Academy Sports + Outdoors
Over 300 students enrolled in the School of Construction Technology at Oklahoma State University Institute of Technology [OSUIT] were given a pair of work boots and other giveaways as a result of the partnership
Former Stuart Weitzman CEO back in business
Executive Wayne Kulkin, former CEO of Stuart Weitzman, re-enters the global footwear market with renewed focus on designing and marketing luxury sneakers under the brand StreetTrend LLC
Under Armour with strategic changes
The Baltimore-based sportswear group announced the new CFO and a series of changes impacting its digital business while it continues to align its digital business against the company's long-term growth objectives
23% drop for Genesco's earnings
Despite reporting stable revenue for the third quarter (+0.8%), Genesco confirmed declined earnings for the period. The company lost one fifth of its earnings
Head for footwear leaves Under Armour
Peter Ruppe leaves the company after two years as the head Under Armour's footwear segment. Ryan Drew will replace him
Caleres keeps on the growing path
Despite the impact of the hurricanes and the warm fall, the US-based footwear group posted positive growth of 5.8% in sales in the third quarter. Annual guidance was reaffirmed
Declining sales at J.Crew drive stores closures
J.Crew Group posted another decline in sales in its third quarter, despite strong sales from Madewell, which continues its positive contribution to the group’s performance. More stores expected to close
DSW results impacted by the weather
Net sales increased slightly in the third quarter. Results were impact by the hurricane season and the company has adjusted the outlook for the year, as a result
Stable quarter sales at Kohl's
The retailer registered strong results during the back-to-school shopping season. However, the middle of the latest quarter was soft however, due to abnormal weather condition
Sales at Shoe Carnival lift outlook
The US-based company has announced results for the third quarter of the year. Based on the sales increase of 4.7% registered in the period, the company raised its outlook for the year-
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