After seeing some improvement in its Journeys business in the second quarter, Genesco president, CEO and chair Mimi Vaughn discussed plans for the teen retailer’s future on the company’s Thursday earnings call. According to Vaughn, the Journeys consumer “remains squeezed” by inflation, opting to conserve spending, making judicious choices on what to buy and primarily shopping when there’s a need or […]
Wolverine Worldwide is continuing to transform its brand portfolio with two more divestitures. According to the Rockford, Mich.-based footwear company, said late on Thursday that it has sold the intellectual property of its Hush Puppies brand in China, Hong Kong, and Macau. What’s more, the company also disclosed that it has completed the sale of its U.S. Wolverine […]
Furthering turnaround efforts, JCPenney plans to pump more than $1 billion into its business by fiscal year 2025 to improve stores, the website, customer experiences and operational efficiencies. On Thursday, the company said the investment is self-funded through its own operations and that it builds on “significant progress” last year with the launch of JCPenney Beauty, product collaborations, […]
After seeing some improvement in its Journeys business in the second quarter, Genesco president, CEO and chair Mimi Vaughn discussed plans for the teen retailer’s future on the company’s Thursday earnings call. According to Vaughn, the Journeys consumer “remains squeezed” by inflation, opting to conserve spending, making judicious choices on what to buy and primarily shopping when there’s a need or […]
Global economic stress, workforce shortages, lingering inflation, supply chain hiccups and demands for greater omnichannel capabilities continue to challenge retailers and brands while also impacting consumer behavior. Today’s consumers are price-point wary and want more bang for their buck. They’re savvy shoppers who expect their favorite brands to deliver exceptional shopping experiences online and in-stores. […]
Bill Jordan, the president of Designer Brands Inc. and Camuto LLC, is stepping down from both positions at the footwear company, effective Dec. 1. The DSW parent company made the announcement on Monday via an 8-K filing with the Securities and Exchange Commission. The footwear industry veteran was named president of Designer Brands in June 2021 and previously served as the […]
After a decade of footwear collaborations with New Balance, Vans and Converse, menswear designer Todd Snyder will launch his first mainline sneaker next month. Named the Tuscan Court Shoe, Snyder said the limited-edition classic court style combines his love for old-school basketball and tennis shoes with luxe Italian craftsmanship more commonly found on a bespoke dress shoe. In a statement […]
Skechers is accusing Laforst Shoes Inc. of copying its popular slip-in shoe designs. The comfort footwear company late last week filed a lawsuit in the central district of California accusing Laforst of infringing on five patent’s related to Skechers’ “Slip-in,” or hands-free, sneakers. According to the complaint, Skechers’ unique heel design, which wraps around a wearer’s heel, gives […]
Laura Ann Carleton, the owner of Magpi boutique and a fashion and footwear industry veteran, was killed on Friday evening after a suspect allegedly made several disparaging remarks about a rainbow Pride flag outside her Cedar Glen, Calif. store and shot her, according to local sheriff’s officials. Carleton, known as Lauri, was 66. According to a statement […]
Happy Socks has named a new top dog as refreshes its brand image. The Swedish accessories company on Monday announced the appointment of Alexander Meyer as its new CEO. He joins from Canadian retailer The Bay, where he served as chief customer officer. He also previously served as chief marketing officer of The Iconic, an e-commerce site based […]