07 Dec Overheard On Wall Street: Analysts Buzz About Brands At FFANY
It has been an epic week at Footwear News and in the shoe industry at large.
With the 29th Annual FN Achievement Awards — which caused quite the media stir, with appearances by some of the industry’s biggest names — FFANY’s December shoe show and the Two Ten Footwear Foundation Gala all happening in close proximity, the shoe industry’s elite have been on the move.
Some of the buzziest chatter on Wall Street is related to FFANY’s December shoe show and which brands are racking up the largest orders.
Read on for the FFANY lowdown.
On Caleres:
“The showroom was busier than it had been for many years at the December FFANY show. The showrooms of Naturalizer, Franco Sarto, Via Spiga and Vince were full of customers. Management commented on the success of their meetings. Caleres believes retail sentiment regarding the overarching poor environment is focused around ‘how can we fix it’ rather than doom and gloom.”
— Sam Poser, Sterne Agee CRT analyst