Journeys holiday sales strong, but not Schuh's

Details about how the industry footwear chains performed quarter-to-date.

Published: January 11, 2016

Important industry footwear company Journeys is one mall-based retailer that appears to have outperformed competitors this holiday season.

Quarter-to-date through Jan. 2, Journeys comparable sales in total rose 7%, parent company Genesco reported today.

Store comps increased 6% during that time frame, and direct comps jumped 21%.

Genesco’s UK-based retailer Schuh, also an industry customer, is having a tougher time, however.

Total Schuh comps quarter to date are down 2%, with stores down 5% and direct comps up 9%.

Troubles at Schuh, and even more so, continuing challenges at Genesco’s Lids Sports Group, caused the company to lower its earnings guidance for the year.

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Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series