Here are the top things to know in shoes this week (July 25-31).
Democratic Party Arrives In Philadelphia
After the Republican Party hosted its nominating convention in Cleveland, political attention turns this week to Philadelphia for the Democratic National Convention, which kicks off today and concludes Thursday. Party chairman Debbie Wasserman Schultz’s resignation and political infighting have garnered big headlines going into the first day. All eyes turn to the party’s official platform, which will be officially approved earlier in the week.
Earnings: Under Armour, Wolverine & More
It’s a major earnings week in footwear. Wolverine World Wide Inc. and Under Armour Inc. report earnings on Tuesday. It will be Columbia Sportswear Co., Deckers Brands, Rocky Brands Inc. and Sequential Brands Group turn to report on Thursday. Inventory levels, consumer spending and currency pressures are getting most attention by analysts ahead of earnings.
GDS Trade Show Kicks Off
Footwear buyers head to the GDS show in Duesseldorf, Germany, this week. The show runs from Tuesday through Thursday.