GCO
- Genesco Inc.
()
Overview
Company Summary
Genesco Inc. is a publicly traded company that operates as a retailer and wholesaler of footwear, headwear, sports apparel, and accessories. Headquartered in Nashville, Tennessee, Genesco owns and operates a portfolio of retail brands that cater to various demographics and market segments.
The company primarily focuses on four main business segments:
1. Journeys Group: Journeys is Genesco's largest and most prominent retail brand. It specializes in offering trendy and fashionable footwear and accessories for young adults and teenagers. Journeys operates both in-store and online, providing a wide range of brands, including popular names like Vans, Converse, Timberland, and Dr. Martens.
2. Schuh Group: Schuh is a leading UK-based footwear retailer acquired by Genesco in 2011. Schuh targets fashion-forward consumers, providing an extensive range of branded footwear for men, women, and children. Schuh operates through its physical stores and e-commerce platform.
3. Lids Sports Group: Lids is a sports-focused retailer specializing in headwear, apparel, and fan merchandise for professional sports teams, colleges, and universities. With a vast selection of licensed merchandise, Lids offers both brick-and-mortar stores and an online platform.
4. Johnston & Murphy Group: Genesco's Johnston & Murphy brand focuses on premium footwear, apparel, and accessories for both men and women. Targeting a more upscale market segment, Johnston & Murphy operates a combination of physical stores and online sales.
Overall, Genesco Inc. leverages its diverse retail brands to capture different customer segments and geographic markets. The company aims to provide a broad range of products that appeal to various styles, preferences, and budgets. By employing a multi-brand strategy and leveraging its retail expertise, Genesco aims to remain competitive and drive growth in the dynamic footwear and accessories market.