United States
Tapestry: Pam Lifford and Thomas R. Greco join Board of Directors
The New York-based house of modern luxury accessories and lifestyle brands announced that Pam Lifford and Tom Greco have been appointed to Tapestry’s Board of Directors. This brings the Board Membership to Ten
Caleres: sales down by 18.3%
The US-based footwear group has announced results for its third quarter, marked by a decline of 18.3% in net sales. Declines registered in all segments, except for the online business
Under Armour with flat quarter's revenue
The Baltimore-based giant has reported third quarter results, marked by flat revenue at 1.4 billion US dollars, driven by growth in the international business and e-commerce
Caleres names Jay Schmidt President
The St. Louis-based footwear group announced several transformational changes to its leadership structure with the aim to align with its strategic direction, while accelerating its growth initiatives
Genesco announces appointment of interim CFO
The Nashville-based group has announced that Thomas A. George is joining the company as Senior Vice President-Finance and Interim Chief Financial Officer, effective from the 14th of December. He succeeds Melvin G. Tucker, who resigned last month
J.Crew Group appoints Libby Wadle as Chief Executive Officer
In her new functions Libby Wadle will oversee J.Crew and J.Crew Factory in addition to her current leadership responsibilities at Madewell. Jan Singer, who was previously J.Crew Group's CEO, is pursuing other endeavours
Dick's Sporting Goods announces planned leadership succession
The Pittsburgh-headquartered sporting goods retailer announced that Edward W. Stack, Chairman and Chief Executive Officer, will assume the role of Executive Chairman and continue as Chief Merchant, from the 1st of February onwards
Nordstrom: digital sales account for 54% of total business
The company has announced third quarter results marked by declining net sales from last year. The expansion of some online services might have driven digital business, which now accounts for 54% of total
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-
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