United States
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
AAFA applauds House for passing Inform Consumers Act
The American Apparel & Footwear Association commended the US House of Representatives for its passage of the Inform Act and is encouraging the Senate to push forward the bill
Foot Locker raises guidance
After reporting "better-than-expected results" in the third quarter of 2022, the US-based retailer announced that it has raised its full year outlook
Recycled footwear foam maker Blumaka starts producing in Central America
The Californian-based producer of footwear components has signed a lease on a manufacturing facility in El Salvador to expand production and provide US shoemakers with a closer production option
US consumers to do more holiday shopping in-stores than online
This is the first year since the COVID-pandemic breakout in which consumers said expecting to make more of their holiday purchases in stores (46%) than online (45%), said the NPD Group
Nike launches Web3 platform .Swoosh
The US-based sportswear giant has launched a new web3-enabled platform called .Swoosh. The company intends to make it home to the brand's virtual designs and digital community
Rocky Brands posts sales growth
The Ohio-based company reported a net sales increase of 17.5% in the third quarter of 2022, as compared to the same period of last year, amidst an escalation of macroeconomic headwinds
Tapestry announces first quarter results
The owner of Coach, Kate Spade and Stuart Weitzman posted net sales growth of 2% in the first quarter of fiscal 2023, year-over-year, lowering its previous guidance for the full year
Wolverine Worldwide posts revenue growth but below expectations
The company reported a revenue increase in the third quarter of 2022, but failed to meet its revenue and earnings expectations as the macroeconomic conditions continued to worsen
Under Armour lowers full year outlook
The Baltimore-based company has slightly lowered its fiscal 2023 guidance despite reporting second quarter results in line with expectations. Footwear segment was the only one to grow
Amazon rebounds
The Seattle-based online retail giant returned to profitability in the third quarter of the current year, but it is preparing for a slower last quarter, most likely due to a weaker consumer demand-
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