“The second quarter proved challenging as store traffic remained soft and consumers shopped closer to need. As a result, our comparable store sales turned positive in July as customers shopped Shoe Carnival’s broad selection of brand-name athletic and casual shoes at exceptional values for back-to-school,”...
VF Corporation, the parent of The North Face, Vans and Timberland, announced a collaboration with the International Finance Corporation (IFC), a member of the World Bank Group, to provide up to $10 million in financing for building upgrades and fire and safety improvements in vendor...
Stride Rite, working in concert with The Little Gym, is anticipating a donation of tens of thousands of shoes to benefit Soles4Souls, the international charity that collects shoes and distributes them to people in need around the globe. The initiative kicks off today and continues...
Intersport International Corporation (IIC) announced the completion of a master franchise agreement with Euretco B.V. of The Netherlands for the conversion of their ‘Coach’ sneaker retail chain to IIC’s retail banner The Athlete’s Foot. With this conversion The Athlete’s Foot will add 50 stores to...
“I'm excited for the opportunity to join such an iconic brand,” said Singer. “I look forward to working with an incredible team, utilizing my sales and marketing skills and retailer relationships while introducing the brand to a new audience.”...
Original S.W.A.T., a leading maker of tactical footwear, announced that its company, Original Footwear, has purchased the majority of the assets of Tactical Holdings, the parent of Wellco and Altama. ...
Under Armour has signed German super model Gisele Bündchen to a roster of spokeswoman for its largest ever global marketing campaign aimed at women. ...
“In terms of back-to-school shopping priorities, parents view footwear as one of the early must-haves for their children, because shoes don’t usually survive for a second year. Kids either outgrow or wear out their shoes each year, unlike other items such as backpacks and lunchboxes....
During the Leather and Footwear Fair in the central city of Leon, Mexican Finance Secretary Luis Videgaray said all footwear imports will be hit with a tariff equivalent to between 25 percent and 30 percent of their declared customs value. The package of measures nullifies...
Robert J. Dennis, chairman, president and chief executive officer of Genesco, said, "We are disappointed with our second quarter earnings performance. Solid comparable sales gains and a strong topline performance in our direct businesses were not enough to offset a sales and gross margin shortfall...