Schuh news and archive

Schuh parent Genesco swings to Q1 loss, cuts guidance

Nashville-based specialty retailer Genesco has lowered its full-year outlook after swinging to a loss in the first quarter of the year. The company, whose portfolio includes Scottish footwear retailer Schuh, made a net loss of 18.9 million dollars in the three months to April 29 compared to a profit of 4.9 million dollars a year earlier. That...

Business

Schuh parent Genesco lowers FY earnings outlook

Nashville-based specialty retailer Genesco has lowered its full-year profit outlook amid higher industry-wide promotional activity and cost pressures. The company, whose portfolio includes Scottish footwear chain Schuh, now forecasts adjusted diluted earnings per share from continuing operations to be in the range of 5.5 dollars to 5.9 dollars....

Retail

Schuh opens new standalone kids store in Manchester

Footwear retailer Schuh has opened its second standalone kid's concept store at the Trafford Centre in Manchester. The newly designed kids’ concept offers a custom ‘mini me’ experience of the main Schuh store design concept, with shoes presented in a gender-neutral layout, moving away from the traditional girl and boy categorisation, which Schuh...

Business

Schuh invests in Ireland distribution centre to drive EU growth

Fashion footwear retailer Schuh is opening a distribution centre in Dublin, Ireland to increase its omnichannel capabilities as it looks to drive growth in Europe. The 49,000 square foot distribution centre in Ireland will open on May 2 and will supply products to Schuh’s 10 Irish stores and fulfil all orders made through the Irish, German and...

Business

Schuh parent Genesco swings to FY profit after strong Q4

Schuh parent company Genesco returned to the black in its fiscal 2022 year after the Nashville-based specialty retailer reported a strong fourth quarter. In the three months ended January 29, the company posted net sales of 728 million dollars, an increase of 14 percent compared to a year earlier and 7 percent compared to two years ago. For the...

Retail

Schuh launches nationwide sneaker hunt

Footwear retailer Schuh is celebrating its 40th birthday with a nationwide sneaker hunt giving players the chance to win more than 40,000 prizes. Running from September 6 to 20, Schuh has hidden QR codes in its stores and cities, along with hero activity in five locations in the form of digital shoeboxes via AR technology to win prizes such as...

Fashion

Schuh owner Genesco bans use of alpaca fleece

The owner of footwear retailer Schuh has become the latest company to ban the use of alpaca fleece in its products following the publication of an exposé by animal rights group Peta into the treatment of animals at a farm in Peru. Footwear and accessories retailer Genesco has agreed to ban the fibre from its portfolio of brands, which also...

Retail

Schuh and New Look to offer simplified returns service with InPost

Schuh and New Look are the latest retailers to partner with e-commerce delivery company InPost to offer their customers an ‘instant returns’ service. Shoppers from the retailers can now send back items by just using a QR code on their phone at an InPost locker and drop the parcel off, eliminating the need to print a label at home or at the...

Business

Schuh secures 19 million pound bank facility

Footwear retailer Schuh has secured a 19 million pound finance facility to help mitigate the blow from the pandemic. The funding has been secured with Lloyds Bank via the Treasury’s Coronavirus Large Business Interruption Loan Scheme (CLBILS). The retailer, which has more than 120 stores in the UK and Ireland, said the money would simultaneously...

Retail

Schuh outlines plan to reopen stores in UK and Ireland

Schuh has announced plans to reopen its stores in the UK and Ireland and says it has seen an “encouraging start” with its two Channel Island stores reopened over the past two weeks. A further three stores in Ireland opened on Monday, while the remaining - as well as the majority of stores in England - will reopen on 15 June. All stores will...

Fashion

Schuh Trust donates 3 million pounds to Covid-19 relief efforts

The Schuh Trust, founded by the UK footwear retailer of the same name, has announced a donation of three million pounds to provide relief during the coronavirus crisis. “We have decided that these unprecedented times call for unprecedented action,” said Mark Crutchley, managing director of Schuh in a statement. “And so, the Trust will be selling...

Business

Schuh resumes online operations

Footwear retailer Schuh has resumed online trading, with a staggered reopening of their fulfilment operation. The company said in a statement that the Schuh management team has decided to reopen the Schuh website with strict health and safety processes, following continued government advice that ‘online retail is still open and encouraged.’...