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Journeys 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, 2023
Alterra 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, 2023
Timberland 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, 2023
Urban 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
The North Face Grows 17% for the Year Despite Tough Consumer Climate
Editor’s note: For details about how the VF-owned brands Vans and Dickies performed, see our sister site Shop Eat Surf. The North Face was the standout performer for parent company VF Corp.…
News May 23, 2023
Dick’s Sporting Goods Comments on Public Lands and Moosejaw
(This story was updated on 6/16/2023.) Dick’s Sporting Goods commented on the opportunity it sees in the outdoor market in light of its recent investments in Public Lands and Moosejaw…
News May 23, 2023
