Companies
Genesco: net sales down by 20%
Net sales for the second quarter of fiscal 2021 decreased by 20%, mainly driven by store closures, a later start to back-to-school, lower store comps and lower wholesale sales. This was partially offset by digital comparable growth of 144%
Caleres: net sales down by 33.4%
The US-based footwear company has registered a decline of 33.4% in net sales in the second quarter of the current fiscal year. Caleres expects the second half of 2020 to continue to be unpredictable
Capri appoints Hannah Colman as Jimmy Choo CEO
Company veteran Hannah Colman has been nominated as Jimmy Coo's new CEO. She started at the brand 24 years ago, as store manager at the brand's first boutique, in London
Timberland raises sustainability goals
Timberland’s products are now aimed to have a net positive impact on nature by 2030. To achieve it all products will be designed for circularity and made from natural materials sourced from regenerative agriculture
Geox announces first half results
Preliminary consolidated sales in the first half of 2020 amounted to 243.6 million euros, down by 39%. The group's direct e-commerce channel recorded significant growth with more 40% compared with the end of June 2019
Ferragamo: revenue down by 46.6%
The group's consolidated revenue was down by 46.6% in the first half of the current year. However, Ferragamo sees encouraging signs as revenue performance in July is increasing in China, Korea and Japan
Foot Locker with increase in sales
Comparable store sales in the period increased by 18.6%. Given the meaningful increase in sales reported, the Board reinstated the quarterly dividend program
Payless plans its comeback
The US-based discount footwear chain Payless is planning to open between 300 to 500 standalone stores over the next five years. This follows the company turning up from bankruptcy protection in January after closing all its 2 100 stores in the US
Première Vision turns digital
The upcoming edition of Première Vision Paris will now be held in a digital format on the previously scheduled dates, from the 15th to the 16th of September
Crocs revenue down by 7.6%
Revenue of the brand totalled 331.5 million US dollars in the second quarter, a decline of 7.6% from the similar period in 2019. Given the unprecedent times related to COVID-19 the company is not providing third quarter guidance
Tapestry reports full year results
The New-York based luxury group has reported fourth quarter results marked by a 52.79% decline in revenue. Declining revenues have impacted the three brands of the Tapestry's portfolio
Sales of shoe stores in the US down by 56%
According to data from the USA Census Bureau and the analysis of the WorldFootwear.com, growth of sales of the shoe stores in the US has been on the red since the beginning of year
Deckers posts increase in net sales
The California based company announced first quarter results for the period ended on the 30th of June 2020. Skechers announced its net sales increased by 2.3% in the period
Prada: sales impacted by the lockdowns
With falling sales across all geographies and after 40% of stores being closed globally from February to May 2020, Patrizio Bertelli, Prada Group CEO said he is confident in growth for the second half of the year
Changes at adidas Supervisory Board
Thomas Rabe is the new Chairman of the Supervisory Board – Igor Landau’s term of office ends after 16 years – and Christian Klein was newly elected to the Supervisory Board-
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