All Genesco articles – Page 3
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Article
Genesco sees back-to-school selling season prolonged, holiday season to start early
Genesco experienced a slowdown in its recovery in July because of an uptick in Covid-19 cases in the U.S. But it expects the back-to-school period to last until late September, or even later, and the holiday season, generally considered to run from late November to early January, to start ...
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Article
Genesco ends first quarter deep in the red
Genesco , the parent company of shoe retail chains such as Journeys and Johnston Murphy in the U.S. and Schuh in the U.K., faced a $79.3 million impairment charge in the first fiscal quarter ended on May 2, and ended with a net loss of $134.7 million, against ...
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Article
U.S. footwear retailers reopen amid consumer wariness
American footwear retailers are gradually reopening with the staggered lifting of the lockdown in the U.S., but local consumers have expressed unease about shopping as the country continues to be affected by the Covid-19 pandemic.
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News briefs
Genesco to move its headquarters
In about a year, Genesco will be moving its headquarters within the city of Nashville from Murfreesboro Road, where they have been since 1965, to Marriott Drive. There the footwear retailer and wholesaler will occupy about two-thirds of a 310,000-square-foot building. The company estimates that the move will create jobs ...
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Article
Britain’s Schuh Group tops guidance at Genesco
Genesco , the parent company of shoe retail chains such as Journeys and Johnston Murphy in the U.S. and Schuh in the U.K., achieved profits that exceeded analysts’ expectations. Its net income for its fourth fiscal quarter, ended on Feb.1, reached $35.5 million, compared with a loss of ...
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