United States
KEEN welcomes Tim Bartels
Portland-based outdoor and lifestyle footwear brand as announced Tim Bartels as the new Vice President of sales for the Outdoor, Lifestyle and Kids (OLK) categories at KEEN
Foot Locker remains a highly profitable company
Richard Johnson, Chairman of the Board and CEO of the New York-based specialty athletic retailer commented the financial results for Foot Locker's fourth quarter and full year
Retail sales increase by 4.4%
According to the FDRA, Footwear Distributors and Retailers of America, quoting the National Retail Federation, February retail sales increased by 4.4% year-over-year as the economy continued to grow. The numbers exclude automobiles, gasoline stations and restaurants
Macy’s CFO to retire
Macy’s, Inc. announced Karen Hoguet, Chief Financial Officer, will retire by February 2019. Transition plan is underway
Nine West near bankruptcy plans to sell footwear
The New York-based footwear, accessories, women's apparel, and jeanswear company with a portfolio of brands that includes Nine West, Anne Klein, and Gloria Vanderbilt announced that it has filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code
Shoe Carnival’s athletic mix expands to 53%
The company recently reported 2017 results, marked by earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%. Now more details were made public
Finish line sales below forecast
The Indianapolis-based retail chain pre-announced fourth quarter and full year results. Same-store sales arrived below guidance
Shoe Carnival’s earnings at upper end of guidance
Shoe Carnival Inc. reported earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%
JD Sports to acquire Finish Line
The UK-based sports retailer has entered into an agreement to buy Finish Line, an American retail chain dedicated to athletic shoes, apparel and accessories. The new owner will win instant presence in the US
Tapestry appoints Anna Bakst CEO & Brand President
The New York-based house of modern luxury accessories and lifestyle brands announced the appointment of Anna Bakst as Chief Executive Officer and Brand President of Kate Spade
Nike with robust earnings from digital sales
Nike reported financial results for its fiscal 2018 third quarter ended on the 28th February. Revenue growth was led by international geographies and Nike Direct globally
Kathmandu focus on international expansion
The outdoor equipment retailer has returned to international expansion with the acquisition of a US shoe wholesaler about three years after closing its unprofitable British stores
Genesco’s quarter boosted by Journeys
Net sales for the fourth quarter of fiscal 2018 increased by 5%, totaling 883 million US dollars, much driven by a 11% increase in the Journeys Group
New high in DSW annual revenue
The US-based company reported increasing revenue in the last quarter and in the full year, despite falling earnings in the fourth quarter with the impact of the charges to write down and exit its Ebuys business
New Balance's 17 million US dollars military contract
Following the US Berry Amendment, the Department of Defense has awarded New Balance a 17.3 million US dollars firm-fixed price contract to produce athletic shoes for military going through basic training-
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