United States
Finish Line to exit JackRabbit
The athletic retailer announced it has entered into a definitive agreement with affiliates of CriticalPoint Capital, a Los Angeles based private investment firm, to exit the JackRabbit business
Athletic footwear sales lost momentum in the US
According to the NPD Group, US athletic footwear results in the fourth quarter contracted following a soft third quarter. This reflects a shift in the second half of the year that contradicts the dynamics of the beginning of 2016
Half a billion dollars' loss for American consumers
The words are from Matt Priest, President and CEO footwear association Footwear Distributors and Retailers of America, reacting to the US withdrawal from the TPP signed today
JC Penney and Nike team up for shop-in-shops
The two companies have gathered efforts to create inspiring Nike brand shop environments in over 600 JC Penney stores
Sales up at Foot Locker
The New York-based specialty athletic retailer reported financial results for its third quarter
Stadium Goods secures new funding
The New York-based marketplace has announced a 4.6 million US new equity funding to help expand its growth strategy
Nike partners with FKA Twigs
The musician and the athletic giant have officially teamed up for Nike Women’s newest campaign
Asics America strengthens leadership team
The American branch of the Japan-based footwear group has announced new names for key executive positions
Kohl’s cuts FY outlook
The decision occurs after the Wisconsin-based company reported decreasing comparable sales for the last two months of 2016
Macy’s announces restructuring plan
The US-based retailer plans to cut down 10 000 jobs, as it prepares the closure of roughly one hundred stores
Walmart acquires ShoeBuy
The amount involved in the deal should reach 70 million US dollars
Shoe Carnival updates guidance
The Indiana-based footwear and accessories retailer announced updated sales and earnings guidance for its fiscal 2016 ending on the 28th January 2017
Genesco expects to meet guidance despite flat sales
The Tennessee-based group has announced that comparable sales, including both stores and direct sales, were flat during the third quarter (period ended on the 5th of January)
Sales down at Steve Madden
The New-York based designer and marketer of fashion footwear and accessories for women, men and children announced preliminary sales results for the fourth quarter and fiscal 2016 year
Coach appoints new Chief Financial Officer
The New York-based design house of modern luxury accessories and lifestyle brands, announced the appointment of Kevin G. Wills as Chief Financial Officer, effective no later than March 2017-
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