Public Market Trends

Genesco’s proxy fight with the Radoff–Jumana Group tested whether an activist playbook—stake-building, governance pressure, capital allocation criticism, and board nominees—could beat a turnaround story. Shareholders chose Genesco’s Footwear First strategy, but now the company must prove the vote of confidence was deserved.

Texas Stack = Headquarters, corporate charters, and capital markets in Texas When Tesla moved its headquarters from California to Texas, many observers viewed it as a Silicon Valley story. When Oracle followed, it looked like a technology-sector trend. When Chevron left California, Caterpillar left Illinois, and Samsung recently announced it would move its U.S. headquarters from New Jersey to Plano, Texas, it became clear that something much larger was happening. Texas is no