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April 21, 2014
08:49 EDTGCOGenesco appears set up well on easy comparisons, says RW Baird
Baird Genesco as a well managed company after meeting with management. The firm believes the company may be set up well based on easy comps if sales accelerate. Baird sees multiple expansion even with modest comp acceleration. Shares are Outperform rated with a $90 price target.
News For GCO From The Last 14 Days
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March 30, 2015
06:37 EDTGCOGenesco downgraded to Neutral from Outperform at RW Baird
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March 23, 2015
16:03 EDTGCOG-III Apparel, Genesco enter footwear license pact for G.H. Bass
G-III Apparel Group (GIII) and Genesco(GCO) announced that they have entered into a wholesale license agreement for Genesco to design, distribute, and market G.H. Bass menís and womenís footwear in the United States and Canada. The line will be shown to the trade this summer. First shipments are expected for the Spring 2016 season, with distribution through better department and specialty stores. This agreement marks the fourth licensing agreement G-III has signed since purchasing the G.H. Bass brand in 2013. The Company also currently has agreements with PVH Corp. (PVH) for wholesale distribution of menís sportswear and with Overland Shoes Limited for wholesale distribution of menís, womenís and childrenís footwear throughout Europe, as well as for operation of retail stores throughout Europe. The company intends to continue to revitalize and build the G.H. Bass heritage brand through improved assortments in its chain of 156 outlet stores and additional category licenses with strong partners. G-III also intends to use its in-house expertise to produce certain key categories for Bass, including its planned launch of Bass womenís apparel for delivery in Fall 2015.

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