NASHVILLE, Tenn., Oct. 28 /PRNewswire-FirstCall/ -- Earlier this week,
Genesco Inc. (NYSE: GCO) announced it has reached an agreement with Levi
Strauss & Co. of San Francisco to renew its Dockers(R) brand men's footwear
license through December 31, 2006, with an option for an additional two-year
term expiring December 31, 2008, subject to certain conditions.
In connection with the announcement, Genesco Chairman, President and Chief
Executive Officer Hal N. Pennington commented, "We are pleased to announce the
extension of our Dockers men's footwear license with Levi Strauss & Co. The
Dockers footwear business has been a real success story for Genesco and within
the men's footwear arena."
Genesco launched Dockers(R) Men's Footwear in 1992. According to The NPD
Group, one of the nation's leading market research firms, the Dockers men's
footwear brand has grown to occupy the No. 1 unit market share position in
men's dress casual footwear.
"We are pleased to have extended our Dockers footwear license agreement
with Genesco and look forward to continuing a strong and profitable
partnership in the years to come," said Jim Tibbs, vice-president, men's
merchandising, Dockers brand.
Genesco Inc., a Nashville-based specialty retailer, sells footwear,
headwear and accessories in more than 1,550 retail stores in the United States
and Canada, principally under the names Journeys, Journeys Kidz, Johnston &
Murphy, Underground Station, Hatworld, Lids, Hat Zone, Cap Factory, Cap
Connection and Head Quarters, and on internet
websites http://www.journeys.com , http://www.johnstonmurphy.com ,
http://www.lids.com , http://www.hatworld.com , and http://www.lidscyo.com .
The Company also sells footwear at wholesale under its Johnston & Murphy brand
and under the licensed Dockers brand. Additional information on Genesco and
its operating divisions may be accessed at its
website http://www.genesco.com .
SOURCE Genesco Inc.