United States
Caleres: net sales increase by 60.8%
Net sales registered by Caleres in the 13 weeks period ended on the 1st of May of 2021 totalled 638.6 million US dollars, up by 60.8% from the first quarter of fiscal 2020
Under Armour raises full year outlook
The Baltimore-based sportswear giant has reported first quarter results marked by 35% growth in revenue. Under Armour updated the outlook for the year to reflect the good performance registered so far
Hoka and UGG drive sales of Deckers Brands
The California-based group announced financial results for the fourth fiscal quarter and fiscal year ended on the 31st of March 2021. Decker’s net sales increased by 49.7% in the fourth quarter of the year, and by 19.4% in the full year
Genesco with changes at its Board of Directors
The Nashville-based specialty retailer and branded company, which sells footwear and accessories, has announced new entries to its Board of Directors and the leaving of current directors Kathleen Mason and Marty Dickens
How is COVID-19 impacting footwear retail in different countries?
With the world fast approaching 180 million cases of infected people and with vaccination now in place in several countries, we bring a summary of our latest Flash Reports focused on some key markets
Brazilian footwear exports on the rise
Data released by Abicalçados, the Brazilian Footwear Industries Association, show that footwear exports in the country in April totaled 8.5 million pairs. This represents a 76% increase compared to April 2020
Stuart Weitzman reduces losses substantially
In the fiscal third quarter ended on the 27th of March 2021, Stuart Weitzman managed to significantly cut its operating losses thanks to higher revenue and a reduction in expenses
Rocky Brands with record first quarter results
Net sales of the company increased by 57.3% to 87.7 million US dollars. The wholesale segment sales increased by 69.1% and the retail segment sales increased by 42.0%. Net income increased by 278.1% to 4.5 million US dollars
Amazon to hire 75 000 people
The ecommerce giant is hiring 75 000 employees across fulfilment and transportation. Amazon announced an average starting pay of over 17 US dollars per hour. New hires who show proof of their COVID-19 vaccination receive an additional 100 US dollars
Shoe Carnival with sales jump
The Indiana-based company reported a 122.7% increase in net sales in the first quarter of 2021. Net income for the period reached 43.2 million US dollars, or 3.02 US dollars per diluted share. Shoe Carnival talks about record-breaking quarter
Will Authentic Brands buy Reebok for 1 billion US dollars?
According to what is being reported by the New York Post, the group owning labels such as Nine West and Barney’s has made a proposal of 1 billion US dollars to acquire the sports brand from the adidas portfolio
Geox: sales still impacted by stores closure
During the first three months of the year, over one third of the network stores by Geox, were temporarily closed due to lockdowns, with a particularly significant suspension of activities in the main markets (Italy, France, Germany and the UK)
Parag Desai named Chief Strategy and Digital Officer at Genesco
The Nashville-based Genescoannounced that Parag Desai has been named Genesco's Senior Vice President - Chief Strategy and Digital Officer. He previously served as Senior Vice President, Strategy, and Shared Services since December 2014
Record buying at shoe stores in the US
According to finance.yahoo.com, citing the latest data from the US Bureau of Economic Analysis, consumer spending at shoe stores and other retailers selling footwear spiked to an all-time high in March
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Footwear Consumer 2030
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