United States
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%
Payless exits bankruptcy
Payless ShoeSource has emerged from Chapter 11 bankruptcy after closing approximately 700 stores and eliminating more than 435 million US dollars in debt. The process took 4 months
Wolverine raises full year guidance
The US-based company presented a strong set of results for the quarter, and is now working towards a revised outlook for the full financial year
Eric C. Wiseman announces retirement
VF announced that Eric C. Wiseman will retire as Executive Chairman of the Board and as a Director. This will be effective from the 28th of October onwards
Weyco consolidates net sales
The US-based company announced net sales for the second quarter totaling 57.5 million US dollars, up by 1% as compared to second quarter 2016 net sales of 56.9 million US dollars-
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