While sluggish sales of legacy athletic footwear silhouettes are depressing sales trends at Foot Locker and JD Sports, mall competitor, Journeys, found athletic lifestyle product pacing its positive sales performance in the second quarter. Mimi Vaughn, president and CEO of Journeys’ parent, Genesco Inc.,told analysts, “We are diversified across a number of different brands. And I think some of the pressure in the industry is concentrated within some individual brands.”Read More
