Genesco
Journeys launches resale programme
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
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
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
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
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
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
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
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
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
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
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
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
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
Genesco: comparable sales decreased by 3%
The company reported that comparable sales, including both stores and direct sales, decreased by 3% for the quarter-to-date period ended on the 26th of December 2020. Same store sales decreased by 14% and sales for the company's e-commerce businesses increased by 49%
Genesco: sales down but better than expected
Net sales for the third quarter of fiscal 2021 decreased by 11%. Genesco says this sales results exceeded expectations and translate the return of the company to profitability-
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