Companies
Skechers goes private following 3G Capital acquisition
The Brazilian private equity firm 3G Capital has completed its acquisition of Skechers. After almost three decades as a public company, Skechers has gone private
Footwear as a Medical Device in the EU: Can classifying shoes as medical devices unlock new opportunities?
JUST RELEASED! Read the latest World Footwear Innovation Paper on footwear as a medical device within the European Union. Learn more about the EU's regulatory framework, the challenges and opportunities for footwear businesses
Asos and ITF sign landmark agreement to safeguard transport workers’ rights
The online fashion retailer has signed a legally-binding agreement with the International Transport Workers' Federation (ITF) to protect the rights of transport workers across the supply chain
Inditex announces first half results
The Spain-based fashion retailer posted a 1.6% year-on-year sales increase in the first half of the year. Early figures for August and September suggest a more significant increase in the months ahead
Designer Brands sees recovery signs despite second quarter sales dip
The US-based footwear group reported a 4.2% year-on-year decline in the second quarter, but said that there were signs of recovery fuelled by the back-to-school season within the US retail segment
Dick’s Sporting Goods closes Foot Locker acquisition
The US-based sporting goods retailer has finalised its acquisition of the footwear and apparel retailer Foot Locker, which was announced in May and valued at 2.4 billion US dollars
Caleres reports quarter-on-quarter improvement
In a challenging market environment, the US-based company saw its sales decline in the second quarter, albeit to a lesser extent than in the previous one. Stuart Weitzman’s acquisition has been completed
Crocs appoints ex-Nike executive to lead global finance
The US-based footwear company has named Patraic Reagan as Chief Financial Officer, drawing on his international consumer experience to strengthen financial leadership and drive brand growth
Macy’s second quarter performance reflects progress under Bold New Chapter strategy
The performance of the US-based department store chain in the second reflects the progress of its Bold New Chapter strategy, with comparable sales at Reimagine outperforming those at Macy’s
New Generation: meet Carlos Teixeira from Joseli
He has a bachelor’s degree in graphic design, but the family business spoke louder when the moment came to choosing a career path. Carlos Teixeira is the second generation to lead the Portuguese footwear company Joseli
Strong first half for Golden Goose
Building on its performance in the first quarter, the Italy-based luxury sneaker group ended the first half of the year with strong year-on-year revenue growth of 13%, led by a 19% increase in the DTC channel
Shoe Carnival’s rebanner strategy delivers strong gross margin results
Despite a decline in net sales, strong gross margin improvements in the second quarter have reflected the successful implementation of the rebanner strategy at Shoe Carnival year-to-date
Genesco lifts full year sales outlook driven by Journeys’ strength
The US-based footwear company has reported a solid performance in the second quarter of this year, with rising year-on-year sales. Journeys continues to gain traction
JD Sports reports improved performance in North America
The UK-based sportswear retailer reported an improvement in its performance in North America in the second quarter, driven by the launch of new footwear lines. The UK remained its weakest market
3G Capital and Skechers receive regulatory approval for acquisition
Skechers and 3G Capital have announced that all the necessary regulatory approvals have been received for 3G Capital to proceed with its acquisition of the California-based footwear brand-
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