United States
Genesco with 2% increase in comparable sales
The Nashville-based company announced that comparable sales, including both stores and direct sales, increased by 2% for the quarter-to-date period ended on the 9th of January 2020
Nike donates 5 million US dollars to Obama Presidential Centre
The Nike Foundation is donating 5 million US dollars to create a public athletic facility in the new Obama’s Presidential Centre
US and China sign new deal
Representatives from the two countries have signed an agreement aimed at easing a trade war that has disturbed the global markets and is impacting the global economy. However, many fear this won't stop the tensions
Jim Pisani steps down as Timberland’s President
VF Corporation, the owner of the brand, announced that Jim Pisani has decided to step down from his role as Timberland's Global Brand President
Sequential Brands appoints David Conn CEO
Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, announced that brand executive David Conn has been appointed Director and CEO. Most recently, he served as CEO of ThreeSixty Brands
PVH in partnership with Fordham University
The New York-based company has announced a 1 million US dollars contribution to Fordham University’s Gabelli School of Business. The aim is to establish a leading academic hub for the study of Corporate Responsibility and Sustainability
Crocs raises guidance
The Colorado-based footwear company known for its clogs announced it raised its revenue guidance for the fourth quarter ended on the 31st of December 2019
Brazilian exports cross the 965 million US dollars threshold
Data gathered by the Brazilian Footwear Industries Association (Abicalçados) indicates that 114.55 million pairs of shoes were shipped abroad between January and December, generating 967 million US dollars in exports in 2019
Pentland acquires the Speedo North America
PVH Corp. has announced that it has entered into a definitive agreement to sell its Speedo North America business to Pentland Group, parent company of Speedo International Limited
Tapestry joins Australian relief efforts
The New-York based luxury group has announced a 100 000 US dollars gift from the Coach Foundation to Australian Relief Efforts
J.Crew Group announces quarter results
The New-York based company announced financial results for the third quarter and first nine months of fiscal 2019. On the occasion a Transaction Support Agreement with Ad Hoc Group of Creditors has also announced
Reef signs new EMEA distributors
Reef Lifestyle, LLC announced it has entered into several new distribution agreements with leading footwear distributor partners across Europe, the Middle East and Africa (EMEA)
Nordstrom reports third quarter results
The Seattle-based retailer announced net sales decreasing by 2.2% in the third quarter (ended on the 2nd of November), improving by more than 200 basis points from the first half of the current fiscal year
Genesco acquires footwear licensee Togast
The Nashville-based group has announced the acquisition of leading footwear licensee Togast. Genesco also confirmed it has entered into a new Levi's footwear license agreement
Toms ownership to be taken over by creditors
Toms Shoes LLC’s creditors have agreed to take over the maker of casual footwear in exchange for restructuring its debt, according to a company letter sent to employees and people familiar with the matter-
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