United States
Caleres to close 133 Naturalizer stores in US and Canada
More than 130 Naturalizer stores in the United States and Canada will be closed by early 2021 as Caleres announces it will adopt a digital sales strategy for the shoe chain
Foot Locker: third quarter marked by sales growth
Third quarter comparable-store sales increased by 7.7% and total sales were up by 9.0% in the same period. Notwithstanding the good performance in the last quarter, year-to-date total sales and comparable-store sales are still down
US: consumer confidence slips in October
Consumer confidence dwindled in October, reflecting less optimism about the jobs market and the US economy in the next six months amid another outbreak of COVID-19 cases, according to the Consumer Confidence Survey by Nielsen
Most profitable quarter reported by Shoe Carnival
Shoe Carnival reported net sales of 274.6 million US dollars for the third quarter. Net income was 14.7 million US dollars, 7% up from similar period in 2019. These resulted in the most profitable quarter in Shoe Carnival’s history
Deckers targets 100% LWG leather by 2022
The US-based footwear group has announced its commitment to source all of its leather from Leather Working Group-rated tanneries by 2022. Deckers currently sources roughly 97% of its leather from there
Caleres names Michael Edwards President of Famous Footwear
Michael Edwards will replace Molly Adams, who resigned her position, effective from the 20th of November onwards to pursue an opportunity outside the organization
Steve Madden to focus on private label business
Steve Madden anticipates its private label business with Walmart and Target will increase over the next year as mass retailers have shown strong resilience to the Covid-19 pandemic
VF to buy Supreme
The branded lifestyle apparel, footwear and accessories group VF announced a definitive merger agreement has been achieved to acquire Supreme, a privately-owned global streetwear brand from current investors, The Carlyle Group and Goode Partners
Imports of footwear with a dark picture in the first semester
The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country
Steve Madden: sales above expectations
The New York-based fashion name has announced financial results for the third quarter. Notwithstanding, revenue decline of 30.9% compared to similar period in 20119, Steve Madden is pleased with results above expectations
Genesco announces departure of CFO
The Nashville-based group announced that Melvin G. Tucker, Senior Vice President and Chief Financial Officer, has resigned his position, effective from the 27th of November, in order to pursue an opportunity outside of the company
Tapestry with 14% decline in sales
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations
Footwear sales in the US expected to stabilize and bounce back slightly in 2021
The forecast is from the NPD Group, which estimates that fourth quarter sales are positioned to significantly improve over year-to-date trends
Skechers announces third quarter results
The California-based footwear company reported sales of 1.30 billion US dollars in the third quarter of the year, a 3.9% decrease year-over-year, but a 78.3% increase from the second quarter of 2020
Wolverine declares quarterly dividend
The Michigan-based footwear group has announced its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock-
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