US Q1 in brief – Wolverine Worldwide, Iconix Brand Group

In the most recent first-quarter filings from US apparel and footwear brands and retailers, Wolverine Worldwide beat expectations, while Iconix Brand Group moved to a loss on the back of declining sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines and while Under Armour booked a net loss but beat analyst expectations resulting in a share price spike.