United States
Shoe Carnival raises fiscal year guidance
Shoe Carnival, a retailer of footwear and accessories, updated its sales and earnings guidance for the fiscal year ending in February 2019. The Company also introduced an outlook for fiscal year 2019
DSW announces new brand Presidents
The Ohio-based designer, producer and retailer of branded footwear and accessories, announced the creation of several new executive positions, creating brand leadership following the 2018 acquisitions
New Balance looking for larger US footprint
Back in December, the Mayor of Methuen, a city in the state of Massachusetts, announced works are being developed to open a New Balance site for advanced manufacturing in the city
We made Coach cool again
The words are from Victor Luis, the man taking the reins of the Tapestry group, which announces itself as the first New York–based House of Modern Luxury Lifestyle Brands. The group's portfolio of brands includes Coach, Stuart Weitzman and Kate Spade
Amazon with record holiday sales
The US-based ecommerce giant announced a “record-breaking holiday season” with athleisure cited as a “top trend”. Amazon registered more items ordered worldwide than ever before, with customers shopping at record levels from a wide selection of products across every department
Nike names G. Scott Uzzell Head of Converse
Effective from the 22nd of January G. Scott Uzzell will become President & CEO of Converse, Inc. Uzzell comes to Converse from The Coca-Cola Company where he most recently served as President, Venturing & Emerging Brands Group (VEB)
Columbia closes buyout of China joint venture
As the new year started, Columbia Sportswear announced it has closed its buyout of the remaining 40% interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited
80 Sears and Kmart locations to close
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019
Foot Locker invests in children's footwear business
After a strong third quarter, Foot Locker announced it would be investing more in the business. The first strategic move is the acquisition of a minority stake in Super Heroic, Inc., a lifestyle brand focused on the young segments
Blake Nordstrom dies at age 58
The 58-year old co-President of Nordstrom, Blake Nordstrom, died early Wednesday morning. Blake's brothers, Pete and Erik Nordstrom, will continue as co-Presidents of the company
Strong results by Wolverine
The Michigan-based footwear giant reported a strong set of results for the third quarter of the current fiscal year. Wolverine decided to raise the full-year earnings outlook
Nike beats expectations
The Oregon-based sportswear giant reported earnings rising by 10.4% in the second quarter. A 9.6% revenue gain was registered. Earnings and revenues both topped expectations as margins improved and strong sales were witnessed in North America and China
Shoe Carnival: sales increase by 4.5%
US-based footwear retailer Shoe Carnival reported third quarter financial results with comparable store sales increasing by 4.5%. Company raised the oulook for the 2018 Fiscal Year results
Shoe Carnival with new share repurchase program
The US-based footwear retailer announced a new 50 million US dollars share repurchase program. The company also announced it will pay a quarterly cash dividend of 0.08 US dollars per share
Industry achievers acclaimed - Part II
Annual awards, dubbed the shoe “Oscars”, highlight industry achievements in New York fashion-
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