Companies
Mizuno's Innovation Centre in full swing
After three years since the announcement of the investment, the Osaka-based sportswear company reported that its Innovation Centre, called Mizuno Engine, is now operating
US: majority of SMBs are contemplating nearshoring
According to a survey released by the tech company Capterra, 88% of small and midsized businesses (SMBs) are considering or have already switched some of their suppliers closer to the US
Maria Eugenia Errobidarte: greenwashing will slowly start to disappear
Get to know Maria Eugenia Errobidarte, Director of Insight @ HYPEBEAST (platform for contemporary culture and lifestyle), who has been working on projects focusing on luxury fashion
Under Armour appoints new CEO
The Baltimore-based company has announced the appointment of the current President of Marriot International, Stephanie Linnartz, to the role of President and Chief Executive Officer
Employment in the sector not expected to grow in 2023
According to the perspectives of the most recent edition of the World Footwear Business Conditions Survey, conducted in November, employment in the footwear industry should stabilize or decrease in the next few months
Saysh lands in Canada
The US-based women's footwear brand led by Allyson Felix announced the expansion of its delivery service to all Canadian provinces. Canada becomes Saysh's first international market
Nike posts revenue growth
In the second quarter of fiscal 2023, the sportswear giant posted a revenue increase of 17%, year-over-year, driven by discounts and increased promotions to reduce the inventory excess
JD Sports sells 15 non-core fashion brands to Frasers Group
The deal, worth 47.5 million British pounds (around 57.6 million USD), will enable the UK-based retailer to focus on the international and digital expansion of its core platforms
Golden Goose joins forces with Swarovski
The luxury sneaker brand teamed up with Swarovski Creators Lab on a limited-release collection that includes two new versions of the iconic Golden Goose Super-Star sneaker and an exclusive skateboard
Designer Brands acquires Topo Athletic
The parent company of DSW announced that it has bought the US-based retailer specializing in footwear for running, walking, and hiking, thus reinforcing its brand-building strategy
Vans and Timberland release first-ever collaborative capsule
By the occasion of the 30th anniversary of Vans' iconic Half Cab, the two VF Corp brands have teamed up for the first time to create a hybrid silhouette that fuses both their DNAs
Footwear prices to increase 11%
Our panel of experts expects footwear prices to increase over the course of the next six months. This is one of the main conclusions of the World Footwear Business Conditions Survey conducted in November. Read more about it today
Zouri and humourist Nuno Markl team up on sustainable sneaker model
The Portuguese footwear brand and the humourist and radio speaker Nuno Markl have launched a limited edition of a sneaker model (in black and white colours) that reuses marine litter
VF Corp to boost EMEA region with expansion of Switzerland HQ
Following the double-digit growth recorded this year, the US-based footwear group announced the intention of expanding its Europe, Middle East and Africa headquarters in Stabio, Switzerland
Wolverine Worldwide to divest Keds and Wolverine Leathers and cut jobs
The company revealed that it will divest or license the Keds brand and Wolverine Leathers, both low-profit contributors, as part of a plan to foster growth and further drive shareholder value-
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