Shoe Carnival Inc. reported earnings vaulted 114 percent as margins improved and same-store sales ran up 6.4 percent. “Our exceptional results for fiscal year 2020 were achieved thanks to the resiliency and dedication of the Shoe Carnival team, the unwavering support of our loyal customers, and...
Nordstrom will begin hosting a series of live streaming events, where store employees or brand partners will showcase certain products on video. Customers who tune in can then purchase those products in real-time. The virtual events allow shoppers to engage with the hosts and ask questions about...
Foot Locker announced Melody Ehsani as creative director of its women’s business through content and product development. As creative director, Ehsani will design quarterly apparel capsule collections and curate an on-going selection of Nike and Jordan products. The first capsule collection will be available in summer...
The Hudson’s Bay Company, owners of Saks Fifth Avenue, signed a deal to sell a minority stake in Saks Fifth Avenue’s e-commerce business and turn it into a separate company. Saks Fifth Avenue’s e-commerce business as a standalone entity, which will be known as Saks. Insight...
The VF Foundation, the VF Corporation’s philanthropic arm, published its inaugural report outlining the positive impact of its financial grants and charitable partnerships. From April 2019 through March 2020, The VF Foundation granted more than $6 million to organizations worldwide. The grants were based on its...
VF Corporation announced the appointment of Susie Mulder as global brand president, Timberland. Mulder begins in her new role effective April 5 reporting to VF’s chairman, president and CEO, Steve Rendle. She will also serve on VF’s executive leadership team. Mulder will be responsible for driving...
It is with great sadness that we announce the sudden passing of our dear friend and colleague Kirk Krull, Vice President of Real Estate and Development for SHOE SHOW, INC. Kirk brought his love of Construction and Real Estate to the company in 1989 and helped...
VF Corporation was recognized by Ethisphere as one of the 2021 World’s Most Ethical Companies. “We’re very proud to be recognized for the fifth consecutive year as one of the world’s most ethical companies and the only honoree in the apparel industry,” said Steve Rendle, VF’s...
Apex Global Brands Inc. said it entered into a merger agreement with Galaxy Universal LLC. Apex’s brands include Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Point Cove, Carole Little Everyday California, and Sideout. The closing of the acquisition is expected to occur in the second...
Deckers Brands capitalized on its strong brands and a direct-to-consumer (DTC) e-commerce business to post solid results for the fiscal third quarter ended December 31, 2020. On a conference call with analysts to review results and provide more detail on trends, management spoke to its...