United States
Nike announces first quarter results
The US-based company reported revenue growth in the first quarter of fiscal 2023, but a decline in earnings mainly due to overstocked inventory. Performance in China impacted by COVID-19-related disruptions
US holiday sales to grow at a slower pace
Due to inflation, US holiday retail sales are likely to increase in the 2022-2033 holiday season at a slower pace than last year. E-commerce might be an opportunity as consumers try to maximize their spending
Mexico: footwear exports on track to grow by more than 50% this year
The Mexican footwear industry estimates to export between 32 and 35 million pairs by the end of 2022, which would reflect a growth year-over-year of more than 50%
Columbia Sportswear outlines 3-year growth targets
The US-based company is expecting to reach net sales of 4.5 billion US dollars to 4.7 billion US dollars by 2025, reflecting a three-year compound annual rate of growth (CAGR) of 9% to 11%
US footwear price increases appear to be slowing down
Despite rising inflation, data from the Footwear Distributors and Retailers of America (FDRA) suggests that footwear prices are showing some signs of moderating, though slowly
Skechers SVP of Domestic Sales Rick Graham to retire
After being with Skechers for nearly 30 years, Senior Vice President of Domestic Sales Rick Graham announced his retirement. He will be succeeded by Pete Calichman, who joined the company in 2017
Original Footwear Company appoints new CEO
The US-based manufacturer of military and law enforcement footwear appointed the global footwear and apparel brand executive Mark Cavanaugh as the new Chief Executive Officer
Todd Krinsky is Reebok's new CEO
Authentic Brands Group, the owner of Reebok, has named Todd Krinsky to the role of CEO. He succeeds Matt O'Toole, who led the sportswear brand for over 15 years and will join ABG in January 2023
Genesco lowers full year outlook
As Journeys failed to meet expectations in the second quarter of fiscal 2023, and in light of the current impact inflation is having on consumer spending, the company lowered its guidance for the full year
Caleres reports strong performance
The US-based footwear group posted record consolidated net sales and earnings in the second quarter of fiscal 2022, raising its sales outlook for the full year
Tapestry posts record yearly revenue
Despite reporting a weak fourth quarter, the owner of Coach, Kate Spade and Stuart Weitzman posted a record revenue of 6.7 billion US dollars over fiscal 2022, exceeding pre-pandemic levels
Designer Brands announces second quarter results
The North-American company posted a solid performance this quarter, raising its full year guidance. It also said to remain optimistic about the goal of doubling owned brands' sales by 2026
Shoe Carnival reports a sales decline
The US-based retailer of footwear and accessories posted net sales of 312.2 million US dollars in the second quarter of 2022, which reflects a drop of 6% as compared to the same period of 2021
Foot Locker appoints Mary Dillon as CEO
The US-based footwear retailer named the former Ulta Beauty CEO Mary Dillon to the role of CEO, following Richard Johnson's decision to retire after being with the company for nearly 30 years
Amazon's carbon emissions grew in 2021
The online retail giant reported an 18% increase year-over-year in planet-warming carbon emissions last year due to the surge in online sales during the COVID-19 pandemic-
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