United States
Deckers with best quarter ever
The Californian-based group has posted revenue of 1.19 billion US dollars in the third quarter of fiscal 2022, amid ongoing supply chain disruptions. UGG and Hoka brands sales drove the result
Foot solutions buys Florida-based retailer Happy Feet
The international retailer of wellness footwear and custom orthotic insoles has announced the acquisition of the retailer Happy Feet. Details of the transaction were not disclosed
Volume of Brazilian exports in 2021 above pre-pandemic levels
In 2021, Brazil shipped 123.6 million pairs of shoes, which reflects an increase in volume of 32% and 7.3%, as compared to 2020 and 2019, respectively. Positive trajectory should continue over 2022
Skechers closes 2021 with record sales
The US-based footwear giant reported record sales of 6.29 billion US dollars in 2021. The company remains confident about reaching 10 billion US dollars revenue by 2026
Rising inflation is a top concern for global CEO’s
According to the 2022 C-Suite Outlook survey, rising inflation, labour shortages, supply chain disruptions and changing consumer behaviours are the top-of-mind concerns for executives
VF confirms full year outlook
The US-based apparel and footwear group has posted revenue growth of 22% in the third quarter of fiscal 2022, driven by the performances in the EMEA and North American regions
Coach partners up with Savory Institute
The subsidiary of Tapestry has teamed up with the Savory Institute’s Land to Market Programme to support the regenerative agriculture movement, reducing its impact on climate change
American Exchange Group to acquire Aerosoles
The US-based designer, manufacturer and wholesaler has announced that it will buy the assets of the luxury comfort footwear brand to drive business opportunities growth
Timberland launches take-back programme
The Timberloop scheme enables customers to return any used footwear and apparel to give them a new life. It is part of the VF-Corp-owned-brand goal of reaching full circularity by 2030
Sorel launches inclusive footwear line with Zappos
The brand teamed up with Zappos to introduce modifications and features to three of its iconic silhouettes to make them accessible to everyone. The line is exclusively available on Zappos adaptative
Merrell donates 25 000 US dollars to the Boulder County Wildfire Fund
The brand has announced that it will not attend the upcoming Outdoors Retailer's event due to COVID-19 concerns. Instead, it will donate the saved money to the Boulder County Wildfire Fund
Crocs raises 2021 outlook
The US-based brand of casual footwear has announced that it expects revenue for 2021 to grow by 67% over 2020, raising its previous guidance of approximately 62% to 65% growth
ABG cancels its IPO application
The retail conglomerate has officially withdrawn the registration that it had made with the US Securities & Exchange Commission for an initial public offering on the 6th of July 2021
Skechers assumes distribution in the Philippines
The US-based footwear giant has transitioned its operations in the Philippines from a third-party distributor to Skechers USA Philippines. The goal is to maximize growth prospects in the region
Aera earns B Corp. Certification
The luxury vegan footwear brand has said that now meets the required standards of social and environmental performance, transparency and accountability, granting it B Corp. Certification-
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