United States
VF Corp announces sale of Dickies to Bluestar Alliance
The US-based outdoor and activewear group has entered into a definitive agreement with the management firm Bluestar Alliance to sell the Dickies brand for 600 million US dollars in cash
Skechers goes private following 3G Capital acquisition
The Brazilian private equity firm 3G Capital has completed its acquisition of Skechers. After almost three decades as a public company, Skechers has gone private
Designer Brands sees recovery signs despite second quarter sales dip
The US-based footwear group reported a 4.2% year-on-year decline in the second quarter, but said that there were signs of recovery fuelled by the back-to-school season within the US retail segment
Dick’s Sporting Goods closes Foot Locker acquisition
The US-based sporting goods retailer has finalised its acquisition of the footwear and apparel retailer Foot Locker, which was announced in May and valued at 2.4 billion US dollars
Caleres reports quarter-on-quarter improvement
In a challenging market environment, the US-based company saw its sales decline in the second quarter, albeit to a lesser extent than in the previous one. Stuart Weitzman’s acquisition has been completed
Crocs appoints ex-Nike executive to lead global finance
The US-based footwear company has named Patraic Reagan as Chief Financial Officer, drawing on his international consumer experience to strengthen financial leadership and drive brand growth
Macy’s second quarter performance reflects progress under Bold New Chapter strategy
The performance of the US-based department store chain in the second reflects the progress of its Bold New Chapter strategy, with comparable sales at Reimagine outperforming those at Macy’s
Shoe Carnival’s rebanner strategy delivers strong gross margin results
Despite a decline in net sales, strong gross margin improvements in the second quarter have reflected the successful implementation of the rebanner strategy at Shoe Carnival year-to-date
Genesco lifts full year sales outlook driven by Journeys’ strength
The US-based footwear company has reported a solid performance in the second quarter of this year, with rising year-on-year sales. Journeys continues to gain traction
3G Capital and Skechers receive regulatory approval for acquisition
Skechers and 3G Capital have announced that all the necessary regulatory approvals have been received for 3G Capital to proceed with its acquisition of the California-based footwear brand
Columbia launches new campaign to fuel growth
The ‘Engineered for Whatever’ campaign aims to breathe new life into Columbia brand’s signature across different media, as part of Columbia Sportswear’s ACCELERATE Growth strategy
Wolverine Worldwide launches junior board
The US-based outdoor company has now set up an advisory board consisting of 11 early-career professionals, with the aim of further strengthening its culture of innovation and collaboration
Crocs delivers solid second quarter but lowers guidance on macro headwinds
The US-based footwear company reported a solid performance in the second quarter of the year. However, it lowered its revenue guidance for the next quarter due to macroeconomic headwinds
Capri Holdings reports encouraging first quarter results
The owner of Michael Kors and Jimmy Choo reported first quarter results that exceeded revenue and profitability expectations, following the removal of Versace from its financial statements
Authentic Brands to acquire the majority of Guess?'s intellectual property
Authentic Brands Group has reached an agreement with lifestyle brand Guess? to acquire a majority stake in its intellectual property in a deal valued at approximately 1.4 billion USD-
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