October 05, 2023
Millennial family appeal was the recurring theme for Famous Footwear, with shifting assortments and channel priorities tailored to the Millennial mom target customer, as part of the three-year financial targets laid out at Caleres' 2023 Investor Day.
Big Foot will shutter all three of the banner’s U.S. stores as well as its e-commerce platform here in order to focus Atmos in Japan and Asia as part of its strategy to reach $9.5 billion in sales by 2026.
Revelyst, a new word that combines revel and catalyst, is the name of VSTO’s outdoor business that will trade under the ticker symbol GEAR, once its planned Q4 spinoff is complete.
The wearables brand, which was sold by Amer Sports to Chinese technology company, Liesheng last year, has unveiled its plan for direct distribution to U.S. retailers, as it looks to expand its North American footprint.