Genesco Inc. said its core Journeys chain saw a strong sales recovery as stores began re-opening at the start of the second quarter with the comfort trend favoring its fashion athletic mix, but delays in back-to-school selling impacted revenues in the latter part of the quarter and have created significant uncertainty about prospects for the current quarter.
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Aisle Talk Week Of July 17, 2020
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of July 13, 2020 covered in the SGB Updates — delivered to your inbox every business day.
Survey Finds Sports Fans Interested In Homegating
A new survey from Genesco Sports Enterprises, the sports marketing agency, found 76 percent of sports fans are interested in homegating, or tailgating at their homes, as games return to empty stadiums and arenas.
Aisle Talk Week Of June 29, 2020
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of June 29, 2020 covered in the SGB Updates — delivered to your inbox every business day. From the SGB Media family to yours, we wish everyone a safe and Happy July 4th holiday!
Aisle Talk Week Of June 8, 2020
On Monday, NYC started to reopen 100 days after the city reported its first case of the coronavirus. As the epicenter of the outbreak here in the U.S., many stores are offering curbside and in-store pickup. More top National Stories and the Latest Headlines across the Active Lifestyle Market during the week of June 8, 2020 follow in this week’s reporting in the SGB Updates.
Journeys Regains Momentum As Stores Reopen
Genesco Inc.’s business was devastated by COVID-19-related store closures, but online sales have accelerated to more than 300 percent growth in May and sales at its flagship Journeys chain that have reopened are comping “nicely positive.”
Aisle Talk Week of May 11, 2020
Top National Stories and the Latest Headlines from SGB Updates across the Active Lifestyle Market during the week of May 11, 2020.
Aisle Talk Week Of April 6, 2020
Top National Stories and the Latest Headlines from SGB Updates across the Active Lifestyle Market during the week of April 6, 2020.
Which Public Companies Will Emerge Strongest From COVID-19 Crisis?
How are active-lifestyle brands like Crocs, Nike and Lululemon plus retailers like Dick’s, Foot Locker and Hibbett navigating the coronavirus? Susquehanna’s most recent note says that the current crisis is weighing on all businesses, but some are better positioned than others. Here’s their ranking of 19 public companies based on who will emerge the strongest from this crisis.
Aisle Talk | Week Of March 16, 2020
The Week’s Top Headlines across the Active Lifestyle Industry as reported in SGB Updates during the week of March 16, 2020.
Journeys To Temporarily Close Locations
Genesco Inc., the parent of Journeys, said that after initially reducing store hours, Genesco will temporarily close its North American stores effective, March 18 through March 28 in response to the continued spread of the coronavirus.
Industry Executives Discuss Coronavirus Impact
The coronavirus fallout on supply chains and increasingly consumer spending was addressed extensively on quarterly conference calls last week. Many expressed vast uncertainty on what disruptions the coronavirus may have on retail. Dick’s CEO Ed Stack said, “We have no idea. I don’t think we’ve seen anything like this in a very, very long time.”
Aisle Talk | Week Of March 9, 2020
The Week’s Top Headlines across the Active Lifestyle Industry as reported in SGB Updates during the week of March 9, 2020.
FDRA’s 2020 Footwear Executive Summit Set For March
Executives from Journeys, Keen Footwear, DSW, Caleres, Target and BBC International are among the speakers at FDRA’s 2020 Footwear Executive Summit.
Aisle Talk Week Of February 10
Top headlines from across the active lifestyle industry featured in SGB during the week of February 10, 2020.