Companies
Target plans to discontinue Canadian operations
Target Canada is seeking court approval to begin the liquidation process under the Companies' Creditors Arrangement Act (CCAA)
New leadership appointments at Pentland Brands
The UK-based company has announced a series of senior leadership appointments, including three new roles providing organisation-wide expertise
Genesco announces 10% sales increase
Genesco Inc. announced that comparable sales, including both stores and direct sales, increased 10% for the quarter-to-date period ended 3rd of January, from similar period last year
Vulcabras returns to positive net result
The Brazil-based company announced third quarter results, characterized by a recovery in net income, which reached 1.0 million euros
UGG raises 125 000 US dollars for charity
UGG partnered with Boys & Girls Clubs of America for the fifth consecutive year, raising more than 100 000 US dollars for the organization
Macy’s and J.C. Penney announce closure of stores
The two US-based giant retailers announced they are shrinking their physical distribution network, by closing some of the stores currently in business
Modest sales growth for Steve Madden
The US-based fashion footwear brand announced preliminary sales results for the fourth quarter and fiscal year ended 31st December 2014 and updated its fiscal year 2014 EPS guidance
Get to know Guava
One of the most original Portuguese footwear brands with distinctive features such as asymmetric heels, vibrant colors and unique details
CCC continues dynamic growth
Two digits growth continues to characterize the performance of one of the largest distributor and manufacturers of footwear in Poland
Nike’s future orders slow down
Reported future orders of the US-based company grew with a slower pace during the second quarter of the financial year, indicating a decrease in demand of their products
Coach confirms acquisition of Stuart Weitzman
Modern luxury accessories and lifestyle company Coach announced the definitive agreement with private equity firm Sycamore Partners to acquire Stuart Weitzman. The transaction can reach up to 574 million US dollars
Coach might close deal to buy Stuart Weitzman soon
Accessories retailer Coach Inc. is being quoted as being in the final stage of the process to acquire shoe company Stuart Weitzman
Alpargatas consolidates revenue growth
The Brazil-based company posted consolidated net revenue up by 4.5% in the third quarter of the year. Net income totaled 17.2 million euros, down by 25% from similar period last year
Hermès with solid results
Sales for the third quarter were up by 10.6% (11.1% at constant rates), reaching 990.6 million euros
DSW donates 75 000 US dollars to charity
As part of the Shoe Lovers Care Leave Your Mark campaign, a donation will be made to the National Parkinson Foundation, the winner of the competition-
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