Record third quarter for Schuh but US retail stalls
06/12/2023
US footwear retail group Genesco has reported disappointing third quarter results, with sales down 4% to $579 million, which it partly attributed to a delayed autumn selling season and disruptions related to implementation of a new ERP (enterprise resource planning) system. Group sales were dragged down by a decrease of 8% at Journeys and a 22%...