As Covid-19 continues to spread, the footwear and apparel company announced the temporary closure of its stores on Thursday, but was keen to point out that it is “well positioned to weather the current challenges."
The footwear company announced a slight increase in its fourth-quarter sales on Tuesday, but plummeted into loss as expenses related to environmental litigation took their toll on the group’s bottom line.
Budget footwear retailer Shoe Zone's preliminary results have painted a weak picture for the year to October 5, but there were signs of hope for the future as store upgrades continued and seemed to be paying off.
The footwear company announced a slight increase in its third-quarter revenues on Thursday, thanks to strong growth at its Merrell, Sperry and Saucony brands, but continued to see declines in its bottom line.
Following the retirement of Joseph R. Gromek, the American footwear manufacturer announced the appointment of apparel and footwear industry vet David W. McCreight to its board of directors on Wednesday.
Footwear maker Wolverine Worldwide is facing a series of lawsuits for chemical dumping that contaminated wells on private property in Michigan with ingredients known to cause cancer, thyroid issues and other diseases.