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Genesco CEO: ‘Comfort Became the Fashion Choice of the Pandemic’

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Genesco, the parent of footwear retailers Journeys, Johnston & Murphy and Schuh, said that its net sales for the period—during which the pandemic closed 70 percent of stores—declined 20 percent to $391 million. This dip still beat Wall Street forecasts for sales of $369 million, and was aided by the company’s 144 percent e-commerce growth….

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