United States
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
Miscellaneous Tariff Bill signed into law
Last night President Trump signed the Miscellaneous Tariff Bill (MTB) into law. The MTB will provide temporary tariff cuts for certain items not made or available in the US including 65 different types of footwear. The House and Senate passed the bill with overwhelming bipartisan support
Dick's Sporting Goods with dedicated eCommerce Head
The Pittsburgh-based retailer has announced a new Chief eCommerce and Supply Chain Officer. The company is focusing on enhancing the customer's digital experience
Crocs to outsource all manufacturing
The US-based company famous for its clogs, has announced it is closing its last facility and going forward will outsorce all production
Genesco with positive quarter
The Nashville-based company has announced results for the second quarter, marked by positive growth in sales. The company confirmed its previously announced guidance
Kohl’s to sell Nine West products
Kohl’s announced a strategic partnership with Authentic Brands Group (ABG), owner of the Nine West brand, to include the iconic lifestyle brand into its powerful brand portfolio-
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