World Footwear

Genesco

Genesco's focus on footwear is succeeding

May 31, 2019 / United States
The Nashville-based company announced net sales up by 2% in the first quarter of the year, which follows the sale of Lids (Hats, Fan Gear, Sports Apparel, Jerseys, Sports Merchandise) to focus on footwear

Genesco with new stock repurchase authorization

May 3, 2019 / United States
The Nashville-based footwear specialty retailer announced today that its board of directors has authorized it to repurchase up to 100 million US dollars of the company's common stock

Mimi Vaughn named Genesco COO

May 2, 2019 / United States
The US-based company announced Mimi Eckel Vaughn as the new Chief Operating Officer of the Company, effective from the 1st of May. In addition to her new role, Vaughn will continue as Chief Financial Officer until someone else is appointed

Genesco with highest sales increase in years

Mar 14, 2019 / United States
The Nashville-based company announced net sales from continuing operations of 2.2 billion US dollars in fiscal 2019. Comparable sales from continuing operations increased by 5% in the period

Sale of the Lids Group is complete

Feb 6, 2019 / United States
Genesco announced today that the company has completed the sale of its Lids Sports Group to FanzzLids Holdings for 101 million US dollars

Genesco reports increasing sales

Jan 18, 2019 / United States
The Nashville-based footwear retailer announced fourth quarter-to-date comparable sales increasing by 4%. As a result, Genesco reiterated most recent adjusted earnings per share guidance

Genesco sells struggling Lids

Dec 14, 2018 / United States
The Nashville-based group has announced it reached an agreement to sell Lids Sports Group. Payment in cash should amount to 100 million US dollars

Genesco with record sales increase

Dec 7, 2018 / United States
The Tennessee-based retailer giant announced the highest gain in more than two years. Company narrowed fiscal 2019 guidance range and reiterates mid-point

Genesco with positive quarter

Sep 7, 2018 / United States
The Nashville-based company has announced results for the second quarter, marked by positive growth in sales. The company confirmed its previously announced guidance

Genesco reports loss in the first quarter

Jun 11, 2018 / United States
The Nashville-based company has announced results for the first three months of the new fiscal year. Notwithstanding the reported loss in the period, Genesco confirms this is in line with previous expectations

Genesco’s quarter boosted by Journeys

Mar 19, 2018 / United States
Net sales for the fourth quarter of fiscal 2018 increased by 5%, totaling 883 million US dollars, much driven by a 11% increase in the Journeys Group

Genesco considers selling Lids Sports

Feb 13, 2018 / United States
If the sale is confirmed it will enable Genesco to focus on operating and growing its leading footwear platform to drive long-term shareholder value

Mimi Eckel Vaughn to be Genesco's COO

Jan 17, 2018 / United States
Currently the company's Senior Vice President and Chief Financial Officer, Mimi Eckel Vaughn is to be named Chief Operating Officer of Genesco once her successor as CFO is appointed

23% drop for Genesco's earnings

Dec 4, 2017 / United States
Despite reporting stable revenue for the third quarter (+0.8%), Genesco confirmed declined earnings for the period. The company lost one fifth of its earnings

Genesco with challenging quarter

Sep 7, 2017 / United States
Net sales in the second quarter decreased by 1.4%. While presenting flat comparable sales, Genesco also posted a loss in the period
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