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Genesco Inc

US Q3 in brief – Genesco, Stage Stores, Tailored Brands

19 December 2019 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Stage Stores has narrowed its net loss, Vince Holding Corp has booked a rise in both earnings and sales, while American Eagle Outfitters has reported record revenue for the period. 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


Genesco promotes COO Mimi Vaughn to CEO

11 November 2019 | Beth Wright

Apparel and footwear retailer Genesco Inc has announced its senior vice president and chief operating officer, Mimi Vaughn, will assume the role of president and CEO at the start of the company's new fiscal year. ... 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


Genesco completes The Lids Sports Group sale

6 February 2019 | Beth Wright

Apparel and footwear retailer Genesco Inc has completed the sale of its Lids Sports Group to FanzzLids Holdings for US$101m.... read more


Genesco sells The Lids Sports Group for US$100m

17 December 2018 | Beth Wright

Apparel and footwear retailer Genesco Inc has inked a deal to sell The Lids Sports Group for US$100m to FanzzLids Holdings, a holding company controlled and operated by affiliates of Ames Watson Capital. ... 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


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


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


Genesco upgrades software for inventory accuracy

23 December 2016 | Beth Wright

Apparel and footwear retailer Genesco Inc has invested in an updated version of its enterprise resource planning (ERP) system to optimise store space for more accurate inventory planning, adequate service levels, and reduce its out-of-stock count.... 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


Genesco sells SureGrip unit to Shoes For Crews

7 December 2016 | Michelle Russell

US apparel and footwear retailer Genesco has sold its SureGrip footwear subsidiary to slip-resistant footwear firm Shoes For Crews (SFC) for an undisclosed sum.... 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


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


Genesco acquires Little Burgundy from Aldo Group

4 November 2015 | Michelle Russell

The Canadian subsidiary of US apparel and footwear retailer Genesco has acquired the 37-store Little Burgundy retail footwear chain from Aldo Group.... 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


Software to streamline Genesco product development

22 April 2015 | Katie Smith

US apparel and footwear retailer Genesco has selected a series of solutions from provider DeSL to streamline complex product development and sourcing information.... read more


G-III Apparel signs footwear deal with Genesco

24 March 2015 | Michelle Russell

G-III Apparel has entered into a wholesale license agreement with apparel and footwear retailer Genesco for the design, distribution and marketing of GH Bass footwear in the US and Canada.... read more


Genesco Q4 earnings beat expectations

12 March 2015 | Michelle Russell

US apparel and footwear retailer Genesco has revealed fourth-quarter earnings that beat group expectations and offered a confident outlook for the new fiscal.... read more


Genesco to streamline supply chain with EDI

27 January 2015 | Katie Smith

US apparel and footwear retailer Genesco is to deploy DiCentral's EDI solution to help streamline its supply chain management processes and provide better exchanges of data with suppliers.... read more


Genesco delivers "solid" Q3 growth

8 December 2014 | Michelle Russell

US apparel and footwear retailer Genesco said it delivered solid top-line growth in the third quarter, driven by better than expected sales from Journeys Group.... read more


Genesco makes CFO switch as Gulmi retires

5 December 2014 | Michelle Russell

US apparel and footwear retailer Genesco has announced the retirement of CFO James Gulmi and the appointment of successor Mimi Vaughn.... read more


US: Costs weigh on Genesco Q2 earnings

28 August 2014 | Michelle Russell

Genesco has revealed a "disappointing" second-quarter in which the US apparel and footwear retailer reported a decline in earnings and lowered full-year expectations.... read more


US: Genesco upbeat despite Q1 earnings drop

2 June 2014 | Michelle Russell

US apparel and footwear retailer Genesco said it is pleased with its performance in the first quarter, despite reporting a slight fall in earnings.... read more


US: Genesco Q4 profit up on lower charges

13 March 2014 | Katie Smith

Substantially lower one-time charges helped US apparel and footwear retailer Genesco to book an increase in fourth-quarter net profit.... read more


US: Genesco adjusts FY guidance to lower end

15 January 2014 | Michelle Russell

Apparel and footwear retailer Genesco has adjusted its full-year earnings guidance to the lower end of its forecast on the back of a 1% increase in fourth-quarter sales.... read more


US: Genesco Q3 sales, earnings fall

6 December 2013 | Michelle Russell

Apparel and footwear retailer Genesco saw its earnings tumble in the third quarter as same-store sales dropped.... read more


US: Genesco cuts full-year outlook on "disappointing" Q2

30 August 2013 | Katie Smith

Apparel and footwear retailer Genesco was "disappointed" with its performance during the second quarter, as net profit and sales fell below company expectations - forcing it to cut its full year earnings guidance.... read more


US: Macy's and Lids in team sportswear deal

9 August 2013 | Leonie Barrie

Department store retailer Macy's is strengthening its activewear focus by teaming up with Lids Sports Group to open licensed team merchandise departments in Macy's stores under the name of Locker Room by Lids.... read more


US: Genesco Q1 down on deferred Schuh payment

31 May 2013 | Leonie Barrie

A deferred payment and impairment charges have contributed to an 11% drop in first quarter profit at apparel and footwear retailer Genesco Inc.... read more


US: Genesco to end Chicago stock exchange listing

8 April 2013 | Katie Smith

Apparel and footwear retailer Genesco plans to withdraw its listing on the Chicago Stock Exchange as part of efforts to streamline its operations and cut costs.... read more


US: Genesco Q4 profit hit by one-off costs

8 March 2013 | Katie Smith

Nashville-based apparel and footwear retailer Genesco has seen its fourth-quarter profit decline on the back of one-off costs, and says it remains cautious in its outlook.... read more


US: Genesco raises full-year outlook on Q3 profit rise

3 December 2012 | Katie Smith

Apparel group Genesco has raised its full-year earnings guidance after reporting a 56.7% increase in third-quarter net profit.... read more


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