World Footwear


Genesco reports full year sales decline

Mar 13, 2024 / United States
Despite a slight improvement in the fourth quarter of fiscal 2024, the company’s full-year net sales were down as compared to the prior year. Genesco expects the market environment to remain challenging in the first half

Schuh strengthens executive team

Mar 11, 2024 / United States
The Genesco-owned footwear retailer has appointed Stephanie Legg as Chief Marketing Officer and Justin Lodge as Chief Digital Officer as part of its efforts to attract younger generations

Genesco lowers full year earnings guidance

Jan 12, 2024 / United States
After posting weak Christmas sales, the Nashville-based footwear company has lowered its earnings guidance for fiscal 2024. Journeys continues to struggle

Genesco names new Chief Merchandising Officer for Journeys

Jan 9, 2024 / United States
The Nashville-based footwear company has named Chris Santaella as Executive Vice President and Chief Merchandising Officer of the Journeys Group, effective from the 5th of February

Genesco reports drop in sales and profits

Dec 8, 2023 / United States
Amid a difficult operating environment, the footwear retailer reported a third quarter decline in sales and profits. Schuh and Johnston & Murphy results helped offset Journeys’ performance

Genesco appoints Andy Gray as President of the Journeys Group

Nov 29, 2023 / United States
The Nashville-based footwear company has announced the appointment of Andy Gray as President of the Journeys Group, effective from the 3rd of January 2024

President of Journeys to retire in February 2024

Sep 7, 2023 / United States
After working at Genesco for 44 years, Mario Gallione, who became President of Journeys in 2017, will step down from his role in February 2024. Search for a successor is already underway

Schuh's performance stands out in the second quarter

Sep 6, 2023 / United States
Against a difficult operating environment, Genesco emphasised the second quarter 21% sales growth at Schuh, as compared to the prior year, which helped offset Journey's continued declining performance

Journeys launches resale programme

Jul 25, 2023 / United States
The footwear retailer, owned by Genesco, has teamed up with the online resale platform thredUP to launch the ‘Journeys Second-Hand’ initiative, aimed at a more environmentally-conscious generation

Genesco lowers full year outlook

Jun 5, 2023 / United States
After recording a decline in sales in the first quarter of fiscal 2024, driven by lower consumer demand at the Journeys brand, the US-based footwear company reduced its guidance for the remaining year

Genesco reports a slight decline in sales

Mar 20, 2023 / United States
The Nashville-based footwear group posted a decrease in net sales of 2% over fiscal 2023, reaching 2.38 billion US dollars, amidst a challenging consumer demand environment

Genesco cuts again full year outlook

Dec 6, 2022 / United States
The Nashville-based footwear group, which posted a third quarter net sales growth of 1% year-over-year, lowered again its annual outlook amid higher industry-wide promotional activity and cost pressures

Genesco lowers full year outlook

Sep 8, 2022 / United States
As Journeys failed to meet expectations in the second quarter of fiscal 2023, and in light of the current impact inflation is having on consumer spending, the company lowered its guidance for the full year

Genesco appoints Gregory A. Sandfort lead independent Director

Jun 29, 2022 / United States
The former Chief Executive Officer and Director of Tractor Supply Company has joined the Genesco Board in 2021. Sandfort succeeds Matthew C. Diamond who has served in that role for the past four years

US: high levels of inventory worry retailers

Jun 23, 2022 / United States
Retailers overestimated consumer demand when making inventory decisions for 2022. Now, they are expecting that holidays and back-to-school shopping will help them ease the pressure
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