Skechers joined other brands in closing its owned retail stores in North America and some European markets through Mar. 28, and also withdrew its 2020 guidance, citing the worsening impact of the Covid-19 pandemic. SKX had already closed many of its stores in China and elsewhere in Asia in response to the initial outbreak there. The company said it would provide more information on its Q1 conference call.
Genesco, which had initially responded to the crisis by reducing store hours, has now decided to close its North American banners, including Journeys, Johnston & Murphy and Little Burgundy. E-commerce operations will remain ... Log in to view full article.