
The US group, owner of footwear brands Merrell, Saucony, Sebago and Sperry, recorded a 4.8% sales shortfall in the first quarter, down to $591 million.
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The US group, owner of footwear brands Merrell, Saucony, Sebago and Sperry, recorded a 4.8% sales shortfall in the first quarter, down to $591 million.
The US footwear specialist's sales fell by 7.3% in 2016, down to $2.494 billion, while its net income lost nearly 29%.
US discount footwear retailer Payless Inc is working with debt-restructuring attorneys to deal with its approximately $665 million (£546 million) in debt as foot traffic at its stores declines, according to sources.
The Thai importer and distributor of fashion brands including Coach, Max Mara, Camper, Keds and American Eagle Outfitters, announced plans to increase the number of free-standing shops from 80 to 140 over three years.
The American group of footwear brands recorded a 2.5% decline in sales in 2015, down to $2.69 billion. For 2016, top management expects a downturn ranging between 4% and 8%, but the group's profitability should improve.
The CFDA designer has been appointed as Head Designer of the menswear subscription service following a successful collaboration collection that released in July.
Richie Woodworth has been appointed President of Wolverine's Lifestyle Group, which includes Sperry, Stride Rite, Keds and Hush Puppies, effective January 3, 2016.
The American group which owns brands Sperry Top Sider, Merrell, Keds and Sebago saw its revenues fall by 4.5% in its latest quarter. Unfavourable exchange rates, store closures and the expiry of the Patagonia licence ...
The footwear innovator has found a CEO in the former president of Avery Dennison, R. Shawn Neville.
The US footwear brands group has entrusted its EMEA region to Chip Coe, formerly at the head of the Chaco brand. He succeeds Dan Le Vesconte, who had been in charge since the end of 2012.