United States
VF raises outlook
The North-Carolina company has raised its full-year fiscal 2019 outlook after a 6% revenue increase in its second-quarter results
Skechers with record sales
The US-based footwear giant reported sales of 1.176 billion US dollars for the third quarter, an increase of 7.5%, or 8.5% on a constant currency basis, another record quarter. International wholesale sales increased by 11.8%
Caleres acquires Vionic
The St. Louis-based footwear group has announced it has acquired Vionic Group for 360 million US dollars, subject to certain adjustments. The deal allows Caleres to continue to expand its brand portfolio and gives it additional access to the growing contemporary comfort footwear category
Authentic Brands and DSW acquire Camuto
Authentic Brands Group LLC (ABG) has entered into a definitive agreement to purchase a majority stake in the intellectual property of the Camuto Group's proprietary brands in partnership with DSW Inc.
Allen Edmonds with new brand campaign
Men’s footwear brand Allen Edmonds is launching a storytelling campaign that leverages the brand's focus on American crafted footwear
Double digit growth for Deckers
The California-based company has announced net sales increasing by 19.5%. Deckers took the opportunity to update its outlook for the full fiscal year (ending on the 31st of March 2019)
US industry bodies planning to merge
At their joint annual meeting, the US Hide, Skin and Leather Association (USHSLA) and Leather Industries of America (LIA) have agreed to seek a merger
VF to sell Reef to Rockport
The North-Carolina lifestyle apparel, footwear and accessories group announced that it has entered into a definitive agreement to sell the Reef brand to The Rockport Group
New CFO at JCPenney
The US-based department store chain has announced Jill Soltau as new Chief Executive Officer
Tapestry posts strong results
The New York-based house of modern luxury accessories and lifestyle brands reported results for the fourth quarter of the fiscal year marked by strong revenue performance
Shoe Carnival updates guidance
The US-based retailer of footwear and accessories reported results for the second quarter and six months ended on the 4th of August. Earnings guidance uplifted as a result of good set of results
Double-digit growth for Nike's revenue
The Oregon-based sportswear giant has announced results for the fourth quarter and fiscal 2018. Revenue grew by 13% in the last quarter pf the year. Year closed with a 6% increase in revenue
Vans revenue to grow by 2 billion US dollars
VF Corporation, owner of Vans, estimates revenue growth for its brand of 2 billion US dollars, to reach 5 billion US dollars by fiscal year 2023, representing growth rates between 10% to 12% over the five-year period
JackRabbit acquires Rhythm Running
Going back to the acquisition market, JackRabbit announced the company has acquired Nashville-based Rhythm Running. In addition, the company is opening new stores
Nike to sell on Jet.com
Walmart-owned Jet.com will start offering Nike product in October ahead of the holiday season as part of a relaunch focused on urban dwellers. Converse will also be available-
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