United States
Tapestry donates 3 million USD to World Wildlife Fund
The Tapestry Foundation will provide a 3 million US dollars grant to support the development of an innovative system to enhance the traceability of the leather value chain in Brazil
Designer Brands plans to double sales by 2026
The North-American designer, producer and retailer of footwear and accessories has announced that it expects to reach a 4 billion US dollars revenue by 2026
Merrell announces multi-year sustainability initiative
The Wolverine Worldwide-owned brand is kicking off the 'This is Home' campaign with the launch of a multinational product takeback and resale programme named Merrel ReTread
Nike to open technology centre in Atlanta
The US-based sportswear company has announced that it will open a new technology centre in Atlanta to accelerate its digital transformation and direct-to-consumer strategy
Lululemon boosts footwear segment with two new appoints
Shortly after launching its first footwear line, the company announced that Simon Atkins will join in as Senior Vice President (SVP) of footwear, and Phil Dickinson as SVP, global creative director
FDRA launches Footwear Trade Show Alliance
The Footwear Distributors & Retailers of America has announced the launch of the initiative Footwear Trade Show Council to foster collaborative and aligned practices within the industry
Brazilian footwear exports get off on the right foot
According to Abicalçados, footwear exports had the best performance in the first two months of this year since 2011. International conjecture is showing to be favourable for the industry
Foot Locker committed to achieving net-zero emissions by 2050
The US-based footwear retailer has announced that it will set a science-based target in line with the criteria established by the Science-Based Target initiative (SBTi) to fight the climate change
Nike posts third quarter results
The US-based company reported revenue growth in the third quarter of the current fiscal year, driven by a good performance of Nike’s direct business
US Retail: COVID-19 is no longer a concern for footwear retail
The monthly shoe stores retail trajectory shows that footwear retail has begun to disregard any COVID-19 related concerns since the second quarter of 2021. However, there are other worries on the horizon. Consumers’ mood has been trailing a downwards trend, hitting the lowest value in January. At the same time, prices have been quickly increasing since September, and the global impact of Russia’s invasion of Ukraine might contribute to undermining future retail prospects
Kevin Bailey appointed Global Brand President of Vans
VF Corporation has announced the return of the veteran executive to the brand, after holding several leadership roles at VF. He will replace Doug Palladini, who has occupied this position since 2006
Designer Brands posts full year 2021 results
The North-American designer, producer and retailer of footwear and accessories has reported fourth quarter record sales of 822.6 million USD and full year revenue of 3.2 billion USD
Shoe Carnival announces best year ever
The US-based footwear retailer has reported that net sales totalled 1.33 billion US dollars, the highest annual figure in the company’s record
Skechers to open experiential store in metaverse
The US-based footwear giant has announced that it will open an experiential store in the Fashion District of Decentraland, the Ethereum-based virtual world
Caleres announces revenue and earnings growth
The footwear group reported consolidated net sales of 2.78 billion US dollars in year 2021. “Record-setting” fourth quarter results have provided momentum for the beginning of fiscal 2022-
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