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Kenneth Cole making it harder for women to buy its shoes

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Kenneth Cole is packing it in and taking its shoes online . . . for the most part:

Kenneth Cole Productions, a fashion house and shoe company founded more than three decades ago, is closing almost all its stores, effectively ending its run as a U.S. brick-and-mortar chain.The New York-based retailer will shutter its 63 outlet stores over the next six months, Chief Executive Officer Marc Schneider said in an e-mail Friday. That leaves Kenneth Cole with just two full-priced stores in the U.S. following an earlier paring of those locations. The company will be focusing efforts on its e-commerce site and international business, Schneider said.

Source: Kenneth Cole to Shut Down Almost All Its Brick-and-Mortar Stores – Bloomberg

About the Author

Chris Broussard
I'm the Co-Founder and President of Tematica Research and editor of Thematic Signals, which aims to uncover confirming data points and items to watch for our list of investing themes. Whether its a news item, video clip, or company commentary, we've included this full list of items literally "ripped from the headlines." I have been involved in financial services marketing and publishing for over 20 years – having held senior level positions with financial publishers, financial services corporations and providing marketing support and consulting services to financial institutions and independent financial advisors. My background in digital marketing, financial services and consumer research provides me with a unique perspective on how to uncover the underlying proof points that are driving the themes our Chief Investment Officer Chris Versace utilizes in our various Tematica publications.

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