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Shoe Carnival Sees ‘Minor’ Uptick in Social-Occasion Shoes

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.

Strong athletic sales, reduced promotional activity and a booming e-commerce business coalesced to boost Shoe Carnival’s fourth quarter sales to record numbers. As it predicted in February, the shoe retailer finished the quarter ended Jan. 30 with net sales of $253.9 million, a 5.8 percent increase compared to the year-ago period. Comparable store sales rose…

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