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Tilly’s CEO “Encouraged” As Sales Trends Appear to Stabilize
Executive Edition
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The Buckle Wrestles with Footwear Drop Off, Declines in Men’s and Women’s
Excess footwear inventory from casual brands such as Hey Dude took a bite out of footwear, while sales more broadly across men’s and women’s fell for the retailer.
Executive Edition May 26, 2023Hoka Adds More than $500 million in Revenue for Year
Hoka continued its blistering sales for parent Deckers Brands, helping the company deliver record results as the brand added more than half a billion dollars of top-line revenue for fiscal…
News May 26, 2023Ugg, Sanuk End Year Down for Deckers Brands While Hoka Shines
Ugg remains in demand at retail and in a position to capitalize on that in the current year and beyond, Deckers Brands CEO Dave Powers told analysts. Deckers overall posted…
Executive Edition May 26, 2023Journeys to Close More than 100 Stores After Steep Sales Drop
Journeys parent Genesco Inc. said it will increase the number of underperforming store closures for Journeys this year after the footwear retailer saw a “dramatic” drop off in demand during…
Executive Edition May 25, 2023Alterra Mountain Company Bets Big on Next Year
As the snow season winds down across the country, Alterra Mountain Company is ramping up its efforts to make improvements to the tune of about $500 million. In the coming…
News May 25, 2023Nike Senior Leadership Changes Announced
Converse is set to see a new CEO, Jordan Brand has a new president, and several Nike executives received updated responsibilities.
News May 25, 2023Timberland Impacted by Inventory Challenges in Americas Region
Timberland couldn’t escape the recent challenges in the Americas region that are impacting many outdoor brands, namely inventory overhang, cautious retailers, and slower consumer spending in some sectors. The brand…
News May 24, 2023Urban Outfitters Banks on Back-to-School to End Sales Slump
The chain’s been the laggard in parent Urban Outfitters Inc.’s portfolio as the team looks to address consumer buying shifts, while getting inventory levels and product assortment right.
Executive Edition May 24, 2023Vans Progressing on Turnaround as Tough Year Comes to a Close
The brand’s sales slid 8% for the full year, but it’s expected to grow profit in the current year. Meanwhile, VF reported sequential improvement for its Dickies brand, which also…
Executive Edition May 24, 2023