Colin Temple Departs Schuh After Nearly Four Decades
Colin Temple is leaving his role as president at UK-based footwear retailer Schuh, a Genesco-owned company, after nearly four decades with the business. Joining in 1988 as a merchandiser and rising to managing director in 2002 before becoming president, Temple has played a pivotal role in shaping the brand's success. Tomas Petersson will succeed him as Schuh’s new president. A seasoned retail executive with experience at Foot Locker, Intersport Sweden, and Puma, Petersson brings international expertise to his new position. He is expected to work closely with Temple during an extended transition period before assuming full responsibilities. The leadership change occurs amid a challenging market for Schuh, marked by weaker consumer demand and heavy discounting in the region. Genesco’s CEO Mimi Vaughn has emphasized efforts to improve customer positioning, prioritize full-price sales, and strengthen brand partnerships like those with Nike, Adidas, and Asics.