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US Q2 in brief - Foot Locker, Kontoor Brands, Wolverine Worldwide

2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com

In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Kontoor Brands has reported a net loss of US$33.3m amid a sales slump of 43%, while Wolverine Worldwide has posted second-quarter results that CEO Blake Krueger said were much stronger than expected. Elsewhere, footwear maker Weyco has booked a net loss of US$8.9m, while losses at Columbia Sportswear amounted to $50.7m. 

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