Genesco Returns To Positive Comps

Genesco Inc. reported a surprise profit in the second quarter as the company showed the company’s first overall positive store comp in eight quarters. The comp gains were led by Journeys Group, up 10 percent and Johnston & Murphy, 8 percent. Lids’ comps were down 5 percent but improved sequentially versus the first quarter.

Lew’s Holdings Appoints CEO

Lew’s Holdings Corporation, a leading supplier of branded fishing and hunting gear and accessories, announced that Ken Eubanks has been promoted to chief executive officer. Gary Remensnyder will remain involved in the business as a member of the company’s board of directors.

Champion Launches First-Ever ESports Partnership

Team Dignitas, the esports franchise of the Harris Blitzer Sports & Entertainment portfolio, announced a multi-year partnership with Champion Athleticwear, marking the brand’s first esports team and franchise partnership and foray into the esports ecosystem.

Zumiez Q2 Handily Beats Guidance

Zumiez Inc. reported earnings of $4.4 million, or 17 cents a share, rebounding from a loss of $0.6 million, or 2 cents, in the second quarter of the prior fiscal year. Earnings came in well ahead of company guidance calling earnings between 4 cents and 9 cents.

Duluth Trading’s Revenues Accelerate In Q2

Helped by a pickup in sales in the company’s direct business, Duluth Holdings Inc., the parent of Duluth Trading Company, reported sales grew 28.3 percent in the second quarter, accelerating from the 19.7 percent gain seen in the first quarter. Both earnings and sales topped Wall Street guidance although the apparel company maintained guidance for the year.

ISA TanTec Participates In “Tannery 2030” Conference

ISA TanTec said the “Tannery 2030” conference took place in Shanghai, China last week. The Conference focused on the future direction of the leather industry, featured presentations from experts across the whole leather supply chain ranging from traders, tanners, chemical/machinery suppliers to representatives of brands and retailers.