United States
Reebok teams up with Zappos to launch adaptative footwear line
The Reebok Fit to Fit collection provides styles that include features that help people with disabilities to gain more independence. The goal is to enhance everyone’s quality of life
Dick's Sporting Goods posts sales decline
The sporting goods retailer posted a comparable store sales drop of 8.4% in the first quarter of fiscal 2022 over the same period last year, but remains optimistic about its long-term strategy
US: growth of consumer prices slows down
The growth of consumer prices slowed in April inthe US. Notwithstanding, prices are still higher than usual
Genesco announces first quarter results
The Nashville-based footwear group reported a small decline in sales in the first quarter of fiscal 2023, but remains optimistic for the year ahead as inventories return to more normal levels
Doug Howe gets new appointments at DSW
Footwear retailer Designer Brands has announced the appointment of Doug Howe to President of DSW Designer Shoe Warehouse (retail concept of the group’s portfolio). Mr. Howe will also be Executive Vice President of Designer Brands
Caleres announces record first quarter
In the first quarter of fiscal 2022, the company reported net sales of 735.1 million US dollars, up by 15.1% from the first quarter of fiscal 2021. The footwear group raised its full year outlook
Sustainable sneaker start-up Psudo raises 3 million USD
The US-based sneaker brand announced that completed a three million USD seed financing round led by SternAegis Ventures, who acted as placement agent
VF Corporation named one of the 100 best Corporate Citizens
The global player in branded lifestyle apparel, footwear and accessories, has been recognized by 3BL Media in its 100 Best Corporate Citizens ranking for the company’s work across people and planet, including employees, climate change, the environment and human rights, among other categories. VF ranked first in the Consumer Durables & Apparel Industry and 14th overall
Foot Locker reports solid performance
The retailer posted a slim increase in sales in the first quarter of fiscal 2022 over the same period last year, but still ahead of estimates. Revenue for the quarter totalled 2.17 billion US dollars
Deckers posts fiscal 2022 results
The Californian-based group reported a net sales increase of 23.8% over fiscal 2022, reaching 3.15 billion US dollars, as compared to fiscal 2021. Hoka brand grew the most
Under Armour CEO steps down
The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed
VF Corp announces full year results
The US-based apparel and footwear group has reported revenue growth of 28% over fiscal 2022, reaching 11.8 billion US dollars, as compared to fiscal 2021
Shoe Carnival surpasses pre-pandemic levels
The US-based retailer of footwear and accessories announced that in the first quarter of fiscal 2022 sales grew by 25.1% and EPS by 100 percentage points over the same period of 2019
Tapestry cuts outlook for 2022
Despite reporting a strong third quarter, the owner of Coach, Kate Spade and Stuart Weitzman, lowered its full year outlook, due to pressures related to the resurgence of COVID-19 in Mainland China
Wolverine Worldwide with revenue growth
Despite ongoing supply chain constraints and macro headwinds, the Michigan-based company reported a strong first quarter in 2022, confirming its full year guidance-
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