United States
Saks Global to close nine stores as part of strategic store footprint optimisation
The group of high-end department stores said it would be closing eight Saks Fifth Avenue stores and one Neiman Marcus location as part of a broader plan to restructure and optimise its footprint
Crocs debuts new global campaign targeting younger consumers
Nearly 10 years after the last one, the casual footwear brand has launched a new global narrative. Wonderfully Unordinary is designed to reposition the brand, especially in the eyes of younger consumers
Caleres appoints first-ever head of New York Brands division
The US-based footwear company has appointed Kristen Sosa to the newly created position of Division President of Brand Portfolio – New York Brands, as it continues to strengthen its brand portfolio
Amazon posts strong 2025 as it steps up AI spending
The Seattle-based e-commerce giant delivered robust fourth quarter and full year 2025 results, driven by double-digit revenue growth and accelerating AWS sales. For 2026, it plans to increase AI spending
Brooks Running delivers 16% revenue growth in full year 2025
The US-based running shoe company has ended the full year 2025 with a 16% year-on-year increase, extending its track record of growth to nine consecutive years
Columbia Sportswear posts mixed fourth quarter results
The US-based outdoor company posted mixed results in the fourth quarter, with stronger demand outside the US offsetting continued weakness at home. Higher costs impacted profits
Deckers’ momentum continues
The California-based company has reported another strong quarterly performance, fuelled by the success of its flagship brands, Ugg and Hoka. Its full-year outlook has been revised upwards
US and India reach deal to reduce tariffs to 18%
US President Donald Trump announced a trade deal with India, which will see tariffs on Indian goods cut from from 50% to 18%, linking the move to India halting Russian oil purchases and lowering trade barriers
Genesco announces CFO transition
The US-based footwear company has announced that its current Chief Financial Officer, Sandra Harris, will leave the company on the 6th of March to pursue other opportunities
Capri Holdings reports third quarter results
The US-based group reported a year-on-year decline in revenue in the third quarter, alongside a increase in net income fuelled by balance sheet improvements. Underlying profitability remains under pressure
VF Corp reports modest growth in the third quarter as turnaround progresses
The US-based company has reported modest revenue growth in the third quarter, supported by improved performance in the Americas region and a return to growth in its direct-to-consumer channel
Genesco plans to upgrade its information technology operations
The Nashville-based footwear company has announced plans to upgrade its IT operations as part of its long-term strategy to improve operational efficiencies across the business
Authentic closes Guess acquisition
Authentic Brands Group has completed the acquisition of a 51% stake in Guess’s intellectual property (IP), making Guess the second-largest brand in its portfolio after Reebok
Trump backs down on Greenland tariff threat
The US has cancelled its threat to impose tariffs on eight European countries in an effort to push for US control of Greenland, following talks with NATO Secretary General Mark Rutte
Under Armour announces executive leadership changes
As part of its transformation strategy, the Baltimore-based sportswear company has appointed Kara Trent as Chief Merchandising Officer and Adam Peake as President of the Americas-
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