World Footwear


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

Genesco announces first quarter results

May 31, 2022 / United States
The Nashville-based footwear group reported a small decline in sales in the first quarter of fiscal 2023, but remains optimistic for the year ahead as inventories return to more normal levels

Genesco reports revenue increase

Dec 6, 2021 / United States
The Nashville-based footwear group has announced net sales increase of 25% in the third quarter of fiscal 2022, reaching 601 million US dollars, as compared to the third quarter of 2021

Sales rebound at Genesco

Sep 17, 2021 / United States
The Nashville-based footwear group has announced the results for the second fiscal quarter ended on 31st of July 2022.Sales at Genesco increased by 42% from similar quarter last year, which generated revenue of 555 million US dollars

Genesco with changes at its Board of Directors

May 26, 2021 / United States
The Nashville-based specialty retailer and branded company, which sells footwear and accessories, has announced new entries to its Board of Directors and the leaving of current directors Kathleen Mason and Marty Dickens

Parag Desai named Chief Strategy and Digital Officer at Genesco

May 15, 2021 / United States
The Nashville-based Genescoannounced that Parag Desai has been named Genesco's Senior Vice President - Chief Strategy and Digital Officer. He previously served as Senior Vice President, Strategy, and Shared Services since December 2014

Genesco closes the fiscal year with a drop of 19% in net sales

May 12, 2021 / United States
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
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