United States
Tomorrow’s challenges by Victor Luis
We spoke with Mr. Luis about the current state of the accessories market and the fashion world and went over the challenging momentum of today's markets. That was the starting point to go on a reflection about tomorrow's main challenges within the fashion industry
Payless to close all US stores
The Kansas-based discount footwear retailer Payless ShoeSource confirmed it is closing all of its 2 100 remaining stores in the US and sales already started
Micam closes with over 43 thousand visitors
The 87th edition of the international footwear show Micam, held at Fiera Milano (Rho) between the 10th and the 13th of February, closed with a total of 43 thousand visitors, in line with the February 2018 edition
Under Armour with another year of growth
US-based Under Armour announced revenue growing by 2% in the last quarter, with overall increase of sales for the whole year reaching 4%. Revenue in the financial year totalled 5.2 billion US dollars
Skechers reaches 3 000 stores
The US-based footwear company has tripped its retail presence in five years and now while opening its new store in China, is crossing the 3 0000 threshold and opening its largest retail space
Foot Locker with strategic investment in Goat Group
US-based athletic retailer Foot Locker is making a 100 million US dollars strategic minority investment in a marketplace for sneakers operating the Goat and Flight Club brands (Goat Group)
Skechers announces record year
The US-based footwear giant announced a new fourth quarter 2018 sales record of 1.08 billion US dollars. The full year results also brought a record of sales (4.64 billion US dollars)
Reflecting on today's challenges with Victor Luís
We spoke with Mr. Luis about the current state of the accessories market and the fashion world, as we recalled his most challenging moments while heading Tapestry. Today we bring you his reflections on today's challenges within the fashion industry
Crocs to relocate global headquarters
The US-based footwear maker is investing for growth with a state-of-the-art facility, central location and access to additional talent. The global headquarters of the brand will relocate to Broomfield, Colorado in 2020
Sale of the Lids Group is complete
Genesco announced today that the company has completed the sale of its Lids Sports Group to FanzzLids Holdings for 101 million US dollars
Deckers: net sales up by 7.8%
The California-based giant focusing in designing, marketing and distributing footwear, apparel and accessories, announced financial results for the third fiscal quarter. Deckers also updated its outlook for the full fiscal year
Neiman Marcus’ Chief Merchandising Officer resigns
Jim Gold, president and chief merchandising officer of Neiman Marcus Group, will resign from his position, effective fromt he 15th of March
Iconix appoints CFO
The US-based group announced John T. McClain as new CFO, effective from the 11th of February 2019. He will report to Robert Galvin, CEO, President and a member of the Board of Directors at Iconix
US: online sales grow by 16.5% in the holiday season
According to the Adobe Digital Insights Holiday Recap 2018, 126 billion US dollars were spent online this holiday season in the US, which represents an increase of 16.5% year-over-year
Forecasting the growth for Tapestry
We have asked Victor Luis, the man heading the Tapestry group, to share with us his expectations about the business prospects of each brand of the group. Tapestry's portfolio includes Coach, Stuart Weitzman and Kate Spade-
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