United States
Wolverine Worldwide to divest Keds and Wolverine Leathers and cut jobs
The company revealed that it will divest or license the Keds brand and Wolverine Leathers, both low-profit contributors, as part of a plan to foster growth and further drive shareholder value
Foot Locker reconfigures management team
The US-based retailer has shaken up its leadership team to support growth and improve operational efficiency. Andrew Page is to step down from his Chief Financial Officer role
US consumer confidence hits four-month low
According to the Conference Board's index, confidence among US consumers declined in November to the lowest level since July amid continuing inflation and rising interest rates
Jimmy Choo and Timberland team up on NYC-inspired collection
Two years after their first partnership, the two brands have returned with a capsule collection inspired by NYC, created with the collaboration of the Bronx-born designer/artist Shanel Campbell
VF Corp lowers full year outlook
The US-based footwear group took up the opportunity of announcing the CEO transition to report that has cut again its full year outlook due to weaker consumer demand mainly in North America
VF Corp names Interim CEO as Steve Rendle steps down
The US-based footwear announced that Benno Dorer, Lead Independent Director of the VF Board of Directors, has been appointed Interim President and CEO, following Steve Rendle's decision to retire
Cyber Monday sales hit record 11.3 billion USD
According to Adobe Analytics, this record was driven by demand despite ongoing inflation felt in the US. Discounts and excess of stock were key to this outcome
Genesco cuts again full year outlook
The Nashville-based footwear group, which posted a third quarter net sales growth of 1% year-over-year, lowered again its annual outlook amid higher industry-wide promotional activity and cost pressures
Designer Brands announces third quarter results
The North-American company posted net sales of 865.0 million USD in the third quarter of 2022, with sales of owned brands representing 26.5% of the total, as compared to 21.5% in the same period of last year
Foot Locker: high expectations for a future under Dillon's leadership
After a challenging few years, analysts and investors are placing high hopes on the fresh perspective Dillon will bring to the US-based retailer's future, says Sportstextiles.com
Ellen Schmidt-Delvin: we are all looking to Europe to show us the next innovation
Today we are sharing with you an interview with Ellen Schmidt-Delvin, Cofounder and Executive Director, University of Oregon. We have talked with Ellen about traceability, sustainability and innovation and all pressing issues of the footwear industry
Dick's Sporting Goods posts solid performance
The sporting goods retailer has reported a 7.7% net sales increase in the third quarter of 2022, as compared to the same period of last year, deciding to raise the full year outlook in result
Designer Brands adds two names to the Board of Directors
The North-American company announced the appointment of Rich Paul and Tami J. Fersko to the Designer Brands Board of Directors as independent directors
Strong third quarter for Caleres
The US-based footwear group posted record quarterly consolidated net sales of 798.3 million US dollars in the third quarter of 2022, driven by the performance of the Brand Portfolio Segment
Shoe Carnival announces third quarter results
The US-based footwear retailer reported a sales decline of 4% in the third quarter of 2022, as compared to the same period of 2021, in which results were impacted by governmental stimulus-
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