United States
Nike names G. Scott Uzzell Head of Converse
Effective from the 22nd of January G. Scott Uzzell will become President & CEO of Converse, Inc. Uzzell comes to Converse from The Coca-Cola Company where he most recently served as President, Venturing & Emerging Brands Group (VEB)
Columbia closes buyout of China joint venture
As the new year started, Columbia Sportswear announced it has closed its buyout of the remaining 40% interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited
80 Sears and Kmart locations to close
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019
Foot Locker invests in children's footwear business
After a strong third quarter, Foot Locker announced it would be investing more in the business. The first strategic move is the acquisition of a minority stake in Super Heroic, Inc., a lifestyle brand focused on the young segments
Blake Nordstrom dies at age 58
The 58-year old co-President of Nordstrom, Blake Nordstrom, died early Wednesday morning. Blake's brothers, Pete and Erik Nordstrom, will continue as co-Presidents of the company
Strong results by Wolverine
The Michigan-based footwear giant reported a strong set of results for the third quarter of the current fiscal year. Wolverine decided to raise the full-year earnings outlook
Nike beats expectations
The Oregon-based sportswear giant reported earnings rising by 10.4% in the second quarter. A 9.6% revenue gain was registered. Earnings and revenues both topped expectations as margins improved and strong sales were witnessed in North America and China
Shoe Carnival: sales increase by 4.5%
US-based footwear retailer Shoe Carnival reported third quarter financial results with comparable store sales increasing by 4.5%. Company raised the oulook for the 2018 Fiscal Year results
Shoe Carnival with new share repurchase program
The US-based footwear retailer announced a new 50 million US dollars share repurchase program. The company also announced it will pay a quarterly cash dividend of 0.08 US dollars per share
Industry achievers acclaimed - Part II
Annual awards, dubbed the shoe “Oscars”, highlight industry achievements in New York fashion
Industry achievers acclaimed
The Footwear News Achievement Annual Awards, dubbed the shoe “Oscars”, highlight industry achievements in New York fashion
What the heel happened?
Marketplace mayhem ensues as fashion trade show dates conflict
Industry reboot
Fresh changes afoot as prominent US footwear industry shows evolve
Footwear exports interrupt falling trend in Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in November 10.54 million pairs were sent abroad for 84.78 million US dollars, up by 6.6% in volume and 1.6% in value. However this wasn't enough to recover from the accumulated drop in the year
Genesco sells struggling Lids
The Nashville-based group has announced it reached an agreement to sell Lids Sports Group. Payment in cash should amount to 100 million US dollars-
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