US: Brown Shoe Q4 hurt by “sourcing issues”

By just-style.com | 16 March 2011

Footwear retailer Brown Shoe Company Inc has blamed "sourcing and supply chain pressures" and disruption caused by its new information technology systems for a 32% drop in fourth quarter profit.

just-style articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you're already a member, login here.

Not what you were looking for?

Search just-style:

More articles related to this one

US: Toning, IT mis-steps push Brown Shoe to Q2 loss
Footwear firm Brown Shoe Company Inc has blamed falling demand for toning footwear and ongoing costs of its SAP information technology system for pushing it to a second quarter loss, and says it is selling its men's basketball brand AND 1.

US: Brown Shoe to sell AND 1 basketball brand for $55m
Footwear firm Brown Shoe Company Inc is selling its men's basketball brand AND 1 to newly-formed brand management company Galaxy International for $55m in cash.

US: Brown Shoe adds to ASG leadership team
US footwear firm Brown Shoe Company has shuffled its American Sporting Goods (ASG) leadership team with the appointments of four vice presidents.

Market research related to this article

Footwear
The most comprehensive report on the market at the moment which covers all the main manufacturers on a global and regional scale. Forecasts are given out to 2015 which seperate this by all the main types of footwear. An essential purchase for anyone ...

Infant, Toddler and Preschool Clothing Market in the U.S.
In 2011, a full two years after the Great Recession of 2008-2009, U.S. consumers are once again buying their beloved premium and luxury goods, and that includes some ITP clothing and footwear, too. Actually, the influence makes this market pick up ac...

Tag line

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page