United States
Nine West close to filing for bankruptcy
The deal would allow Nine West to restructure about 1.5 billion US dollars in debt and would include sale of assets. Speculation about the next move of the company has been around for months
Mimi Eckel Vaughn to be Genesco's COO
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
Challenging year ahead for the sports industry
In his predictions for 2018, Matt Powell, Vice President and Senior Industry Advisor from the NPD Group is forecasting a transition challenging year for the sports industry in the US
Genesco: stable sales, but different segment performances
The Nashville-based group announced that comparable sales, including both stores and direct sales, increased by 1% for the quarter-to-date period ended on the 4th of January. Same store sales decreased by 2% and sales for the e-commerce businesses increased by 17%
Steve Madden reports sales growth
The US-based designer and marketer of fashion footwear and accessories announced fourth quarter and yearly results. Growth marked the company's revenue in the period under analysis
Crocs increases fourth quarter guidance
The US-based casual footwear company has updated its guidance for the fourth quarter and full year ended on the 31st of December. Crocs is more optimistic about its performance
Vans annual custom culture competition
Once again, Vans invites high school art students nationwide to participate in the ninth year of Vans Custom Culture, an art competition built to inspire creativity and show support for art programs in schools
Macy’s with solid holidays season
The Cincinnati-based company reported positive sales for November and December. The cost saving strategy continues in place with the company aiming to reinvest the savings of 300 million US dollars back into the business
Tapestry reinforces management
The New York-based luxury house has appointed Doreen Toben and Anne Gates to its Board of Directors. These appointments to the Board bring the total membership to ten. New international managers were also announced
Largest footwear importer slows down
The world’s largest importer, the US, reduced its imports in 2016. The trend continues with a slight decrease in value terms (-1.7%) occurred in the first semester of the current year
Nike consolidates revenue
The Oregon-based sportswear company announced its financial results for the second quarter, marked by revenue growth driven by international geographies and continued strength in Nike Direct
Better than expected month for athletic footwear
According to the NPD Group’s, US athletic footwear sales were better than expected in November, likely driven by the unprecedented promotional environment
VF Corporation with new sustainability & responsibility strategy
The North Carolina-based lifestyle apparel, footwear and accessories company announced its new global sustainability and responsibility strategy, Made for Change. VF aims to lead industrywide environmental and social improvements
Wolverine partners with Academy Sports + Outdoors
Over 300 students enrolled in the School of Construction Technology at Oklahoma State University Institute of Technology [OSUIT] were given a pair of work boots and other giveaways as a result of the partnership
Former Stuart Weitzman CEO back in business
Executive Wayne Kulkin, former CEO of Stuart Weitzman, re-enters the global footwear market with renewed focus on designing and marketing luxury sneakers under the brand StreetTrend LLC-
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