United States
Genesco closes the fiscal year with a drop of 19% in net sales
The Nashville-based footwear group has announced year end results. Genesco registered a 19% decline in net sales for the fiscal year ended on the 30th of January 2021
Vans co-founder Paul Van Doren dies at 90
Paul Van Doren, co-founder of the Vans company has died. He was 90.The company, based southeast of Los Angeles in Costa Mesa, announced Van Doren’s death on social media
Crocs is giving away 10.000 pairs of shoes a day to health care workers
Between the 10th and the 14th of May, the brand will give away 10.000 pairs of Crocs at Workshoes per day to frontline healthcare workers who continue to provide comfort in the communities
Sales down by 26.3% at Weyco
The Wisconsin-based footwear company has announced first quarter results. Weyco continues to register declining sales, especially on the wholesale segment. Sales were down by 26.3% in the first quarter
US Retail: Will retail go back to the trend?
Retail Sales in shoe stores started the year with a decreasing trend, putting an end in some recovery registered in the last months of 2020, especially when the stimulus checks started reaching the households. E-commerce is on an upward cycle, however, is not clear if the net result will be a good one, as its growth is taking place at the expenses of brick and mortar. Once again, as in other geographies already analysed in the past weeks, Consumer Confidence seems to be on a good track, translating the feeling that mass vaccination will knock COVID-19 soon. The question is: will retail go back to the trend?
Tapestry: sales of the group up by 19%
The New-York based house of modern luxury accessories and lifestyle brands, reported results for the fiscal third quarter ended on the 27th of March 2021. Quarter results above expectations with sales up by 19%
FFANY: in person event planned for the summer
The Footwear Distributors and Retailers of America (FDRA) has announced that FFANY Market Week will take place in person in New York City the week of the 2nd of August 2021
Vans sets sustainability targets for 2030
Vans, a brand of the portfolio of American group VF Corp., has announced a range of sustainability goals which are set to be achieved by 2030
Kristin Harrer is Vans new Global Chief Marketing Officer
As CMO, Kristin Harrer will lead the company’s global marketing and creative teams as Vans continues its brand purpose of empowering creative self-expression in youth culture across action sports, art, music and street culture. The words are from the brand
Steve Madden: revenue up by 0.5%
The New York-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced financial results for the first quarter ended on the 31st of March 2021. Revenue increased by 0.5%
VF is selling the occupational portion of its work segment
A global player of branded lifestyle apparel, footwear and accessories, VF Corporation, announced that it has entered into a definitive agreement to sell the occupational portion of its work segment to a subsidiary of Redwood Capital Investments, LLC, an holding company
Allbirds exploring IPO
The San Francisco-based casual footwear and sneaker maker, is in the process of interviewing banks in preparation for an initial public offering (IPO)
Tapestry appoints Scott A. Roe CFO and Head of Strategy
The New York-based house of modern luxury accessories and lifestyle brands, announced Scott A. Roe will be the new CFO, effective from the 1st of June 2021 onwards. Mr. Roe will have responsibility for all finance functions as well as leading the Company’s Strategy and Consumer Insights teams
Crocs reports record revenue and raises 2021 guidance
Revenue of the company famous for its clogs in the first three months of the fiscal year totalled 460.1 million US dollars, an increase of 63.6% from similar period last year. The company took the opportunity to raise its guidance for the full year
Skechers announces record first quarter
The US-based footwear brand posted net profit of 98.6 million US dollars in the first quarter of 2021, an increase of 100.8% compared to the 49.1 million dollars in similar period in the previous year. Record sales registered in the first quarter contributed to this result-
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