United States
Irma impact on US retail could reach 2.75 billlon US dollars
According to the FDRA, the Footwear Distributors and Retailers of America Association and based on estimates from Planalytics, a weather-analytics company
Shoe Carnival expands board
The US-based retailer of footwear and accessories announced that its Board of Directors has elected Charles Tomm, a Principal at Heritage Capital Group, as a director effective from the 12th of September
Foot Locker disappointed with results
The New York-based specialty athletic retailer announced second quarter comparable-store sales decreasing by 6.0% and total sales also falling by 4.4%. Foot Locker confirms disappointment with this new set of results
Nike offers shoes customised in 90 minutes
For decades, Nike has worked directly with athletes to create cutting-edge and highly personalized products. Now the brand wants to start to expand this concept
Genesco with challenging quarter
Net sales in the second quarter decreased by 1.4%. While presenting flat comparable sales, Genesco also posted a loss in the period
Wolverine commits over 2.5 million US dollars to Hurricane Harvey relief efforts
The US-based company has announced it will allocate over 2.6 million US dollars to Hurricane Harvey relief efforts through financial, footwear and apparel donations
Gallione named President of Journeys retail division
Genesco, the parent company, has named Mario Gallione President Of its Journeys Retail Division
Ross Stores joins Hurricane Harvey relief efforts
The California-based retailer has announced a 400 000 US dollars donation to the American Red Cross to assist with disaster relief efforts in Texas and Louisiana for the thousands of people impacted by Hurricane Harvey
Dr. Martens boots recalled due to hazard involved
Dr. Martens recalled more than 30 000 vegan boots in the United States and Canada after discovering that the shoes could expose users to the toxic chemical benzidine
Vans and Karl Lagerfeld in collaboration
The launch of an exclusive Vans x Karl Lagerfeld capsule collection for Fall 2017, featuring 12 styles was just announced by the two brands
Sales improvement at Shoe Carnival
Despite announcing a better sales trend for the quarter, the US-based footwear company has reported declining sales for the semester. Net income is also down
Sales up by 8.7% at Caleres
The management highlighted the solid sales improvement across the business. Net earnings keep on the up side as well
Reebok shrinks presence in the US
The adidas group has closed 35 Reebok stores in the US this year and plans to close more before the year ending
Phoenix Footwear narrows losses
Phoenix Footwear, owner of Trotters and Softwalk, narrowed its net loss for the first six months to 612 000 US dollars. The company added Bueno footwear to its portfolio and is expecting a positive contribution from this line in the coming months
Coach with strong quarter
The New York-based design house of modern luxury accessories, closed the year with a 6% sales growth in the last quarter. Coach now expects revenue for fiscal 2018 to increase by 30%-
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