Footwear People

Ex-Adidas Consultant T.J. Gassnola Avoids Prison In College Hoops Scandal

Thomas "T.J." Gassnol, a former Adidas consultant, was sentenced Tuesday to one year of probation after prosecutors credited him with helping secure convictions of three others involved in a college basketball corruption scandal. He faces a one-year supervised release, two months of home confinement and electronic monitoring, along with a $100 fine, according to ESPN. (Read More)

JD Sports Seeing Modest Improvement At Finish Line

JD Sports reported Finish Line's comps grew 3 percent in the first half and showed slight improvement in product margins. The sixth JD Sports banner opened in the U.S. with success being found in expanded apparel range. A JD Sports' Times Square location is scheduled to open in spring 2020. (Read More)

Genesco Raises Full-Year Outlook On Journeys’ Momentum

Genesco Raises Full-Year Outlook On Journeys’ Momentum

Genesco Inc. lifted its full-year outlook after reporting a surprise profit in the second quarter.  Same-store sales also came out ahead of expectations, led by a 4 percent gain by Journeys Group. Bob Dennis, CEO, said, "We delivered second quarter consolidated results that exceeded expectations across the board." (Read More)

Vans Launches Shoe Customization Contest

Vans Launches Shoe Customization Contest

Vans announced the launch of Global Custom Culture, an interactive shoe customization contest. The competition will award three winners from North America, Asia Pacific and Europe a $25,000 grand prize and have their shoes produced and sold by Vans. (Read More)

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