United States
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
Genesco appoints John F. Lambros to its Board of Directors
Lambros is President of GCA-US, a global investment bank. He serves as the head of GCA's digital media banking practice and is a member of its board of directors and executive committee. With this appointment Genesco's board now has eight members
Joanne Crevoiserat is Tapestry's new CEO
The New York-based house of luxury accessories and lifestyle brands announced that its Board of Directors has appointed Joanne Crevoiserat as Chief Executive Officer, effective immediately
Crocs: third quarter revenue grew by 16%
Revenue totaled 361.7 million US dollars, an increase of 15.7% from the same period last year, or 15.9% on a constant currency basis. E-commerce revenue grew by 36.3%, while wholesale increased by 12.4% and retail went up by 8.9%
Free shipping will make a difference this holiday
According to NPD's insights, free shipping was identified, for the first time, as the number one factor influencing where consumers decide to shop this holiday in the US. A finding in line with consumers increasing use of online shopping due to the COVID-19 pandemic
Kering overcomes expectations despite 4.3% sales decline
The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance-
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