Deckers Brands said that after incorporating enhanced safety protocols, the company has resumed modified operations with limited capacity at its distribution center located in Moreno Valley, CA. The additional precautionary measures and social distancing procedures comes as Deckers Brands continues to review expert agency guidelines and...
Shoe Carnival Inc. reported net earnings more than doubled in the fourth quarter as same-store sales grew 3.2 percent. Fourth Quarter and Fiscal Year 2019 Highlights Net sales of $239.9 million for the quarter and record sales of $1.037 billion for the fiscal year; Net income...
Under Armour pledged its support to help people affected by the novel coronavirus pandemic. $1 Million Donation To Feeding America Under Armour is donating $1 million to Feeding America to support hunger relief efforts as a result of current school closures and quarantines. By partnering with Feeding...
Wolverine World Wide Inc. on Thursday provided a business update to highlight the company’s strong liquidity, supply chain stability, and agile business model in light of the challenging environment currently caused by the spread of Covid-19. “The safety and well-being of our employees, customers and communities...
Amazon is stopping sellers from sending non-essential items to its U.S. warehouses until April 5 to make space for vital items needed by its customers during the coronavirus outbreak. The company is prioritizing five categories of goods which it calls essential products, and which shippers can...
According to a survey from the Institute for Supply Management (ISM), nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some impact because of COVID-19 disruptions. Of...
Adidas said it expects first-quarter sales to fall more than 10 percent as revenues in Greater China tumble between €0.8 billion and €1.0 billion below the prior-year level due to the coronavirus outbreak. The guidance assumes a decline of about €100 million in Japan and South...
Genesco Inc., the parent of Journeys, reported comp sales in the fourth quarter rose 1 percent. GAAP earnings from continuing operations per diluted share of $2.49 for the three months ended February 1, 2020, compared to earnings from continuing operations per diluted share of $1.53 in...
Puma said it no longer expects its business will return to normal soon, despite encouraging signs coming out of China, adding it was abandoning the 2020 guidance it gave on February 19 that had assumed the crisis would be short-lived....
On Sunday, Eric Artz, REI’s president and CEO, shown above, wrote a blog entry addressed to co-op members detailing numerous steps the retail is taking in response to the coronavirus outbreak. His full statement follows: “The health and safety of our co-op community is our highest priority....