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US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco

5 February 2020 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. ... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores

1 November 2019 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. ... read more


Casual fashion continues to draw US teen spend

9 October 2019 | Beth Wright

Athletic brands such as Canadian yogawear retailer Lululemon and sportswear giant Nike continue to prove popular with teens in the US, as casualisation of fashion continues despite teen spending falling to the lowest levels in eight years.... read more


Shoe Carnival shakes up executive team

20 September 2019 | Beth Wright

Cliff Sifford, CEO of Shoe Carnival, has relinquished the title of president as part of a leadership shakeup at the US footwear retailer as it creates a new management structure aligned with its long-term strategic plan.... read more


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands

1 August 2019 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. ... read more


Crocs to cut China production amid tariff threat

12 June 2019 | Hannah Abdulla

US footwear firm Crocs says the potential impact of any new US tariffs on footwear imports from China will see it cut the amount of US product sourced from China by more than two-thirds over the next year.... read more


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity

23 May 2019 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.... read more


US Q3 in brief – Boot Barn Holdings, VF Corp

6 February 2019 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.... read more


Crocs to buy back half of Blackstone stake

4 December 2018 | Beth Wright

US footwear manufacturer Crocs Inc is to buy back half of Blackstone Capital Partners' stake in the company.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears

26 October 2018 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.... read more


Crocs shuts own factories to outsource production

10 August 2018 | Beth Wright

US footwear manufacturer Crocs Inc is to close its company-owned manufacturing plants in Italy and Mexico and outsource its entire production to third-party manufacturers.... read more


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn

8 August 2018 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.... read more


US Q4 in brief – Boot Barn Holdings, Destination Maternity

18 May 2018 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.... read more


Crocs loses Europe design protection for clogs

20 March 2018 | Michelle Russell

US footwear manufacturer Crocs Inc has lost the registered design protection for its well-known shoe in the European Union (EU).... read more


US Q3 in brief – Deckers Brands, Boot Barn Holdings

6 February 2018 | just-style

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.... read more


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding

22 September 2017 | just-style

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.... read more


US Q1 in brief – Cherokee, The Finish Line, J Crew

10 July 2017 | Michelle Russell and Beth Wright

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. ... read more


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity

15 May 2017 | Michelle Russell and Beth Wright

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. ... read more


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears

9 December 2016 | Michelle Russell and Beth Wright

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.... read more


Shoe Carnival taps Sports Authority exec for athletic footwear

17 October 2016 | Beth Wright

Footwear retailer Shoe Carnival has named former Sports Authority executive Clint Pierce as its vice president and divisional merchandise manager for athletic footwear.... read more


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands

9 September 2016 | Michelle Russell and Beth Wright

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. ... read more


Crocs directors and officers sued for antitrust violations

18 August 2016 | Beth Wright

US family-owned footwear company Dawgs Inc has filed a lawsuit against 18 individuals associated with US shoe maker Crocs Inc for fraudulently obtaining and enforcing patents to give it an unfair edge in the market.... read more


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity

15 April 2016 | Michelle Russell

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. ... read more


US holiday retail roundup

14 January 2016 | Katie Smith

With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines. ... read more


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse

7 January 2016 | Michelle Russell and Katie Smith

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. ... read more


Crocs sues Evacol over patent infringement

6 January 2016 | Katie Smith

US shoe maker Crocs has filed a patent infringement lawsuit against footwear firm Evacol USA.... read more


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree

25 September 2015 | Michelle Russell and Beth Wright

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. ... read more


Crocs Q2 profit plummets on lower sales

31 July 2015 | Katie Smith

US footwear firm Crocs has seen its second-quarter profit plummet 42.3%, due to lower retail and wholesale sales, especially in Europe.... read more


Shoe Carnival sees opportunity with small store format

12 June 2015 | Michelle Russell

Footwear retailer Shoe Carnival has developed a small-market concept that it says will allow the company to expand into new, and fill-in, existing markets.... read more


Shoe Carnival Q1 earnings and sales climb

21 May 2015 | Michelle Russell

Footwear retailer Shoe Carnival saw its earnings and sales climb in the first quarter despite a “challenging” start to the year.... read more


Crocs makes “meaningful” progress despite Q1 loss

11 May 2015 | Katie Smith

US footwear business Crocs says it continues to make "meaningful progress" in implementing its new business strategy despite swinging to a first-quarter loss - including the appointment of a new SVP of global sourcing.... read more


Success on the horizon for Crocs

27 April 2015 | Michelle Russell

Success is on the horizon for US footwear business Crocs, one analyst believes, with 2015 set to be “a transition year” for the group.... read more


Crocs Asia suppliers score high in compliance

25 March 2015 | Michelle Russell

US footwear business Crocs said its Asia tier-one contract manufacturers scored an average of 90% on social compliance audits last year as it revealed its 2014 sustainability achievements.... read more


Shoe Carnival Q4 boosted by key initiatives

19 March 2015 | Michelle Russell

Shoe Carnival said national advertising, better brands in its women’s department and “aggressive” multi-channel initiatives helped boost fourth-quarter earnings and sales for the group.... read more


Crocs narrows loss but cautious on outlook

27 February 2015 | Michelle Russell

US footwear business Crocs has narrowed its losses in the fourth quarter but said it expects sales in its first-quarter to be down on declines in its China business.... read more


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