Genesco Sets Leadership Change at Schuh

Genesco appointed Tomas Petersson, who formerly led Foot Locker EMEA, as president of its UK-based Schuh banner. Petersson succeeds Colin Temple, who is retiring after a 38-year tenure with the business.

EXEC: Yue Yuen Issues Profit Warning

Yue Yuen Industrial, Ltd. said it expects a decrease of approximately 55 percent to 60 percent in its profit in the six months ended June 30, citing reduced orders due to a pullback in consumer demand, cost pressures and manufacturing inefficiencies.

Bass Pro Scores Debt Ratings Outlook Upgrade on Improving Performance

Moody’s Ratings changed its debt ratings outlook on Great Outdoors Group, LLC (GOA), the parent name of Bass Pro Group,, to “stable” from “negative.” The upgrade was provoked by “improved operating performance and earnings growth, driven by moderately stronger demand, improved efficiencies and productivity initiatives in the boating business, as well as solid performance in the retail and hospitality segments.”

Shoe Show, Inc. Appoints Cathy Pryor as COO, Replacing the Retiring Jay Manning

Pryor replaces retiring Jay Manning after a 40-year career with the company, most recently as COO, effective November 2, 2026. Pryor joined the retailer in 1988 wheer she has built a 32-year career, marked by continuous advancement through the operations side of the business to SVP of Store Operations and Executive Officer. Pryor was inducted into the Sporting Goods Industry Hall of Fame in 2024.

EXEC: Hoka Growth Concerns Cloud Deckers Brands Fiscal Q2

Deckers Brands maintained its guidance calling for Hoka to deliver growth in the low-double-digits in its fiscal year despite the running brand seeing sales slow to high-single-digits in the fiscal first quarter ended June 30 and expected to expand at a similar rate in the current quarter. DECK shares are running down about 4 percent in mid-day trading due to investor skepticism over Hoka’s ability to accelerate growth in the back half of the fiscal year.

EXEC: Ugg’s Fiscal Q1 Growth Boosted by Gains with Males

Deckers Brands reported that Ugg’s 4.9 percent sales growth in the fiscal first quarter ended June 30 largely reflected success reaching male consumers. On an analyst call, Stefano Caroti, Deckers’ CEO and president, said the men’s business “accounted for the largest portion of incremental Ugg revenue.”

Williamsburg’s Colonial Sports Finds New Owners

Local runners David and Jessica Anderson have acquired the business from Jim and Geri Elder, who operated the store for the last 32 years. They retain ownership of the screen printing and embroidery operation from the location to support team uniform needs.