United States
Designer Brands returns to comparable sales growth in the fourth quarter
The US-based company highlighted a return to comparable sales growth in the fourth quarter of fiscal 2024 as a sign of the success of its strategic initiatives. Despite short-term pressures, the company is optimistic about 2025
Schuh cuts jobs as part of wider restructuring
Following a voluntary redundancy process launched by the company in January, the footwear retailer has cut 39 head office and store jobs. This is part of a wider restructuring strategy
Donatella Versace leaves the creative helm at Versace
Dario Vitale will be the new creative director of Versace from the 1st of April, the parent company Capri Holdings has announced. Donatella Versace has been appointed Chief Brand Ambassador
Concerns over tariffs weigh on US retail spending
Despite growing year-over-year, US retail spending fell on a monthly basis in February amid concerns over tariffs, according to the CNBC/NRF Retail Monitor
Genesco ends the financial year 2025 with a positive set of signs
The US-based footwear retailer has reported a solid fourth quarter, with improvements in sales and profitability. Genesco also highlighted the continued turnaround of the Journeys brand
Matt Priest (FDRA) on Trump administration’s tariff policy: all of this has created a lot of uncertainty in our market
We bring you an interview with Matt Priest, CEO & President of the Footwear Distributors and Retailers of America (FDRA). The impact of the tariffs imposed on Mexico, Canada and China on US retailers, consumers and the country's economy dominated the conversation
Macy’s reports fourth quarter and fiscal 2024 results
The US-based department store chain has reported its fourth quarter and full year results, highlighting the success of its Bold New Chapter strategy in customer experience.
Foot Locker makes profit in the fourth quarter despite lower sales
The US-based sports retailer returned to profit in the fourth quarter of 2024. However, the company’s total sales still fell by 5.8% as compared to the same period of the previous year
Crocs offers Jibbitz customisation with AI-powered design platform
The US-based casual footwear company has partnered with the AI-powered fashion design platform Ablo to allow consumers to create one-of-a-kind Jibbitz charms
Steve Madden ends 2024 on a strong note
Steve Madden ended the year 2024 with strong revenue growth. Despite the cautious near-term outlook, the company is optimistic for 2025 and expects the pending acquisition of Kurt Geiger to be another growth driver
Saks Global to cut around 5% of its US corporate staff
Saks Global is laying off about 5% of its US workforce, Bloomberg reported, as the department store continues to integrate its recent acquisition of Neiman Marcus
Under Armour hires former Estée Lauder executive to lead its AI and analytics efforts
The sportswear company has appointed Liz Bacelar, the former executive director of global tech innovation at Estee Lauder, to lead its new artificial intelligence and advanced analytics division
Shein seeks to reassure investors amid US policy changes
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule
Rocky Brands reports solid fourth quarter
The US-based footwear manufacturer has reported a solid fourth quarter in 2024, resulting in a minor drop in net sales for the full year. Overall, Rocky Brands is optimistic about near-term prospects
Caleres partners up with Favorite Daughter
The US-based footwear company has signed an exclusive licensing agreement to launch the first line of Favorite Daughter shoes, starting with the Fall 2025 season-
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