Companies
Nike appoints ex-Foot Locker Executive as COO
The US-based sportswear company has appointed former Foot Locker executive Kristin Bauer as Chief Operating Officer of its underperforming Converse brand
Aerosoles expands into new product categories
The American Exchange Group-owned footwear brand will launch men’s and children’s footwear and handbags in September. This will be one of the most significant category expansions in its nearly four-decade history
JD Sports cuts profit guidance amid tough market conditions
The UK-based sportswear retailer has cut its full-year profit guidance amid challenging market conditions, with North America recording the sharpest decline in second-quarter sales
Ecco reshuffles leadership team
The Danish footwear brand has promoted Neal Taylor to the role of Executive Vice President and Chief Commercial Officer and appointed Adam Meek as Executive Vice President and Chief Product Officer
Wolverine Worldwide raises full-year outlook
Following a strong second quarter driven by Merrell and Saucony, the US-based company raised its outlook for the 2026 financial year, now expecting revenue to reach between 1.98 and 2.00 billion USD
Grendene sells its US subsidiary to Canadian group Pajar
The Brazilian company that owns the Ipanema and Melissa brands has signed an agreement to sell its wholly-owned US subsidiary, GGB USA, to the Canadian group Pajar for 3.61 million US dollars
Birkenstock raises full-year outlook
The Germany-based footwear company raised its full-year outlook after achieving double-digit revenue growth in the third quarter, supported by strong performances across all regions and sales channels
Skechers completes new European distribution centre
The footwear company has announced that construction of its new European distribution centre near Liège Airport is set to be completed this month. It will be staffed by existing teams
Under Armour lowers full-year revenue outlook but holds profitability guidance
The US-based company has lowered its full-year revenue forecast on soft consumer demand, while maintaining its adjusted profit expectations following a first quarter marked by falling sales but improved profitability
Yue Yuen posts lower first-half revenue and profitability
The Hong Kong-based group reported a decline in revenue and profitability in the first half, as lower footwear shipments, production inefficiencies and higher labour costs weighed on its manufacturing business
Tapestry closes fiscal 2026 with double-digit growth
The US-based group ended the 2026 financial year with double-digit revenue growth and improved profitability, supported by a strong performance from Coach and positive momentum in the fourth quarter
Shoe Station Group appoints Tracy Dick as Chief Marketing Officer
The US-based footwear retailer has appointed Tracy Dick as its new Chief Marketing Officer. She will be responsible for driving growth and engagement across Shoe Carnival and Shoe Station
Alpargatas maintains growth in the second quarter
The Brazil-based company that owns Havaianas has reported double-digit sales growth and a significant increase in profitability in the second quarter of the year
Grendene reports lower revenue and profitability in the second quarter
The Brazilian footwear manufacturer has reported a lower revenue and profitability in the second quarter, as challenging consumer conditions took their toll on its domestic business
Frasers Group acquires Harvey Nichols
Frasers Group has officially acquired the UK-based loss-making luxury department store chain Harvey Nichols out of administration, gaining control from businessman Dickson Poon-
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