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US Q1 in brief – Macy's, Stein Mart, Francesca's

2 July 2020 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Macy's, Inc has posted a US$3.58bn loss, while Stein Mart reported a 57% tumble in sales. Elsewhere, PVH Corp has reported an "unprecedented" decline in revenue and earnings and sales at Zumiez have fallen by more than a third.... read more


Wolverine Worldwide anticipates "better-than-expected" Q2 sales

4 June 2020 | Hannah Abdulla

Wolverine Worldwide has said it will deliver "better-than-expected" sales performance for its second quarter, despite the Covid-19 pandemic limiting its wholesale business during the first nine weeks.... read more


US Q4 in brief – Boot Barn Holdings, VF Corp, PVH Corp

21 May 2020 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has posted a fall in both earnings and revenue, while VF Corp and PVH Corp have both reported a net loss. Elsewhere, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall.  ... read more


Wolverine Worldwide outlines key leadership changes

21 April 2020 | Beth Wright

Footwear firm Wolverine World Wide has outlined a series of key leadership changes, giving three executives responsibility for several brands and announcing the departure of Michigan Group president Todd Spaletto.... read more


Global retail closures as coronavirus spreads – Update

15 April 2020 | just-style

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. ... read more


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


Wolverine World Wide names first chief merchant officer

17 October 2019 | Beth Wright

Footwear firm Wolverine Worldwide has appointed veteran Levi's and Nike merchandising and branding expert Angelo Ng as the company's first chief merchant officer.... read more


Wolverine Worldwide mulls plans to move more production out of China

19 August 2019 | Hannah Abdulla

Footwear company Wolverine Worldwide is confident steps it has taken in relation to rising tariffs on footwear from China will limit the financial impact to its business.... 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


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


Wolverine Worldwide sues 3M over Scotchgard chemicals

21 December 2018 | Leonie Barrie

Wolverine Worldwide, the maker of footwear brands including Merrell, Sperry, Hush Puppies and Saucony, is suing chemicals giant 3M for concealing information about the risks of its Scotchgard water and stain repellent.... 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


Wolverine commits $40m to environmental clean-up

9 February 2018 | Michelle Russell

US clothing and footwear maker Wolverine Worldwide has committed up to $45m to speeding up its supply chain and addressing groundwater issues related to its former tannery operations, as it outlined its guidance for 2018.... 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


Wolverine sells Michigan footwear facility

2 October 2017 | Beth Wright

Military boot and shoemaker Wolverine Worldwide has sold assets associated with its United States Department of Defense (DoD) contract business and its Big Rapids, Michigan, factory to Original Footwear.... 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


Keds hires Dave Grange to drive US growth

21 June 2017 | Beth Wright

Keds, a division of US clothing and footwear business Wolverine Worldwide, has named former Pentland Brands CEO Dave Grange as the brand's vice president of sales for North America.... read more


Wolverine Worldwide sets out plans to grow kids' business

1 June 2017 | Michelle Russell

US clothing and footwear business Wolverine Worldwide is to license its Stride Rite brand and create a children's subsidiary as part of the group's plans to grow the business under its Way Forward strategy.... 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


Wolverine taps former The North Face president

7 February 2017 | Beth Wright

US clothing and footwear business Wolverine Worldwide has named former The North Face brand president, Todd Spaletto, as president of its Wolverine outdoor and lifestyle group.... read more


Wolverine sells Robeez brand to hosiery firm McCubbin

10 January 2017 | Beth Wright

Women and children's hosiery firm McCubbin has acquired premier baby and toddler soft-soled footwear brand Robeez from Stride Rite Children's Group, a subsidiary of Wolverine World Wide, Inc.... read more


New innovation hub to boost Wolverine speed to market

23 December 2016 | Beth Wright

US clothing and footwear business Wolverine Worldwide says it is making "significant" progress on its ongoing strategic initiatives, which are intended to achieve 12% adjusted operating margin by the end of 2018.... read more


US defence bill to boost athletic footwear firms

12 December 2016 | Leonie Barrie

US footwear firms Wolverine Worldwide and New Balance have hailed the passage of a defence bill that includes language directing troops to buy American-made athletic shoes for military recruits.... read more


Wolverine Worldwide reaffirms outlook on "strong" Q3

19 October 2016 | Michelle Russell

Military boot and shoemaker Wolverine Worldwide has reaffirmed its full-year outlook after revealing higher earnings in its third-quarter and sales in line with expectations.... 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


Wolverine Worldwide to expand footwear facility

5 September 2016 | Leonie Barrie

Military boot and shoemaker Wolverine Worldwide is expanding its footwear production facility in Big Rapids, Michigan.... read more


Jeppesen promoted to Wolverine Heritage Group president

10 August 2016 | Beth Wright

US clothing and footwear business Wolverine Worldwide has promoted Mike Jeppesen, president of Wolverine Worldwide's global operations group, to an expanded role as president of the Wolverine Heritage Group, which includes the Wolverine, Bates, Harley-Davidson and HyTest brands.... 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


Wolverine implements new operating structure

5 February 2016 | Michelle Russell

US clothing and footwear business Wolverine Worldwide has implemented a new brand operating group structure with the appointment of four new divisional heads. ... read more


Pacific Brands divests brand and workwear units

1 December 2014 | Katie Smith

Australian retailer Pacific Brands has completed its divestments of the Brand Collective and Workwear businesses.... read more


Pacific Brands divests Brand Collective for AUD39m

18 November 2014 | Katie Smith

Australian retailer Pacific Brands is to split and sell off its loss-making Brand Collective apparel and footwear business for AUD39m (US$34m).... read more


2012: A year in review - Manufacturing winners and losers

14 December 2012 | MJ Deschamps

Weak consumer spending, difficulties in securing credit, competition from China and the Far East resulted in factory closures and subsequent layoffs in 2012. But ramping up labour and sustainability standards, eco-friendly production technologies, cost cutting and efficiency improvements saved others from significant losses.... read more


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