United States
Tapestry raises full-year outlook
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, announced revenue growth of 26% in the first quarter of fiscal 2022, totalling 1.48 billion US dollars
UGG launches shoe refurbishment programme
The lifestyle brand has teamed up with the premium shoe repair company NuShoe to launch the UGGrenew refurbishment programme. The goal is to extend the life of their Classic Boots
Wolverine Worldwide announces revenue increase
The Michigan-based giant has reported revenue of 636.7 million US dollars in the third quarter of 2021, as compared to the same period of 2020, amidst supply chain disruptions
Moncler and HOKA team up on limited edition
The global luxury brand and the performance footwear and apparel brand HOKA, a division of Deckers brands, collaborated to create a limited release of the mountain shoe Mafate Speed 2
Allbirds valued at 2.15 billion US dollars
The Californian-based company of sustainable footwear raised more than 300 million US dollars in its initial IPO, with shares growing by 91% on the first day of trading
Dick’s Sporting Goods and Nike in new partnership
According to both tags this is a new connected partnership designed to enhance the shopping experience for their customers. This collaboration will allow Dick’s and Nike to each reach more customers and provide them with access to exclusive products, experiences and offers
Steve Madden with revenue increase
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children has reported revenue of 528.7 million US dollars in the third quarter of 2021
Under Armour raises full-year guidance
The Baltimore-based sportswear giant has reported unaudited financial results for the third quarter of 2021. Revenue increased by 8%, reaching 1.5 billion US dollars
US shoppers intend to keep buying shoes online into the holidays
According to the latest poll of likely holiday footwear shoppers from FDRA and Emerson College, most of the respondents intend to purchase online. This trend remains stable from last year
Deckers reports continued growth
In the second quarter of fiscal 2022, the Californian-based group posted revenue growth of 15.8%, reaching 721.9 million US dollars. This result was largely driven by Hoka’s performance
Allbirds set to launch Initial Public Offering
The sustainable footwear company is targeting a valuation of up to 2.2 billion dollars by offering 19.2 million shares of its Class A shares, priced from 12 to 14 US dollars
US: sport leisure footwear sales slow down
According to the NPD Group, footwear sales decelerated in the third quarter of 2021 (July-September). Fashion footwear continues to recover slowly
Skechers sales rise
The US-based footwear giant reported a third quarter sales increase of 19.2%, reaching 1.55 billion US dollars, driven by improvements in domestic and international businesses
Crocs with another period of record revenue
The US-based brand of casual footwear announced record third quarter revenue of 625.9 million US dollars. Revenue growth was strong in all regions, despite supply chain disruptions
Under Armour appoints Massimo Baratto Chief Consumer Officer
The Baltimore-based company has announced the appointment of Massimo Baratto to the position of Executive Vice President, Chief Consumer Officer-
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