United States
Caleres reiterates its guidance for fiscal 2023 despite falling sales and profits
The US-based company reiterated its full year outlook, after posting a “strong” consolidated operating margin and better-than-expected adjusted earnings per share in the second quarter
AAFA supports California bill on greenhouse gas emissions
The bill proposes that companies with more than 1 billion US dollars in gross revenue doing business in the state of California must annually and publicly disclose their greenhouse gas emissions
Shoe Carnival lowers full year guidance
Despite seeing an improvement over the first quarter of 2023, the US-based retailer still posted a year-on-year decline in net sales and profits in the second quarter, thus reducing its full year outlook
Foot Locker further reduces its full year outlook
As its total sales fell for the second consecutive quarter in the three months to the end of June due to continued weak demand, the US-based retailer lowered again its full year outlook
ABG announces partnership to grow Hunter Boots in China and Southeast Asia
Authentic Brands Group has entered a joint venture with the Shanghai-based provider of brand management solutions Baozun to grow the Hunter brand in China and Southeast Asia
Amazon reports solid second quarter
After a strong first quarter, the Seattle-based online retail giant continued its positive trajectory, once again reporting net sales and profit growth in the second quarter of 2023
VF Corp appoints Chief People Officer
The US-based footwear group announced that Brent Hyder has been appointed as Chief People Office, effective from the 5th of September
Under Armour signs sourcing deal with Hemp Black
The agreement between the sportswear giant and the manufacturer, involves the provision of specialty yarns treated with a patented activated carbon process, which has received certification from the Cradle-to-Cradle Institute
Under Armour reiterates its full year guidance
The US-based company posted a solid first quarter in fiscal 2024, stressing the performances of the international and direct-to-consumer segments, and confirmed its previous full year guidance
Wolverine's announces unexpected CEO change
The Board of Directors has appointed Christopher E. Hufnagel as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Mr. Hufnagel succeeds Brendan L. Hoffman, who is no longer with the company
Tapestry acquires Capri in 8.5 billion US dollars deal
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars
Steve Madden posts decline in revenue
The New York-based designer and marketer of footwear, accessories and apparel posted a 16.8% revenue decline in the second quarter of 2023, as compared to the same period of last year
Columbia Sportswear announces second quarter results
The US-based company's sales increased by 7% year-on-year in the second quarter of 2023. The company emphasised its good performance in international markets, while the US market proved more challenging
Rocky Brands second quarter sales fall by 38%
As retailers continue to work with excess inventory levels, the US-based footwear manufacturer posted another sales and profits drop in the second quarter of 2023 from the same period of 2022
VF Corp posts a weak first quarter
The US-based footwear company posted an 8% decline in revenue in the first quarter of fiscal 2024, as compared to the same period of last year. Vans continues to struggle-
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