World Footwear

Companies

White Mountain to expand into the male segment

Jun 13, 2024 / United States
The US-based label, owned by the American Exchange Group, continues to expand into different product categories. It has now announced plans to enter the men’s and boys’ footwear segment

JD.com partners up with Inditex

Jun 12, 2024 / China
The Chinese e-commerce retailer has partnered with the fashion retailer to launch a Massimo Dutti flagship store on its marketplace, as part of Inditex’s efforts to meet the needs of China’s digital consumer base

JD Sports announces full year results

Jun 11, 2024 / United Kingdom
The UK-based sportswear retailer has announced its unaudited results for the year 2024, highlighting a strong revenue performance despite a challenging macro environment

Nike job cuts reach Europe

Jun 7, 2024 / United States
The US-based sportswear giant has cut jobs at its European headquarters in the city of Hilversum, just outside Amsterdam, as part of a multi-year cost-cutting plan, said Bloomberg

Genesco reports net sales decline

Jun 7, 2024 / United States
As it continues to execute its strategic plan to turn around the Journeys business, the US-based company has reported a 5% year-on-year decline in net sales in the first quarter of its fiscal year

New brand president at The North Face

Jun 7, 2024 / United States
VF Corp has announced the appointment of Caroline Brown as Global Brand President of The North Face, effective from the 10th of June. As a result, she has resigned from VF’s Board of Directors

Inditex posts strong first quarter

Jun 6, 2024 / Spain
The Spanish-based fashion retailer has posted a strong performance in the first quarter of the year. Sales were up by 7.1% and net income was up by 10.8%, as compared to the same period of 2023

ABG confirms the acquisition of Champion

Jun 6, 2024 / United States
Authentic Brands Group has further expanded its portfolio by signing a definitive agreement to acquire the Champion Athleticwear brand and business from HanesBrands

LVMH increases its stake in the Spanish tannery Riba Guixà

Jun 5, 2024 / France
LVMH’s Métiers d’Art has signed an agreement to increase its stake in Riba Guixà, the Spanish tannery renowned for its expertise in tanning Enterfino lambskin

Foot Locker reiterates full year outlook

Jun 5, 2024 / United States
Amid its turnaround plan, the US-based sports retailer reported “solid” first quarter results, in line with previous expectations, thus reaffirming its outlook for the full year 2024

Mixed results at Designer Brands

Jun 5, 2024 / United States
The North American company reported a slight increase in net sales of 0.6% in the first quarter, but a sharp decline in net income, as compared to the same period last year

Ambitious teams up with Michelin Soles

Jun 4, 2024 / Portugal
The Portuguese company has teamed up with JV International (Michelin Soles) to create the Venture sneaker. The aim is to set new standards in terms of comfort and performance

Dick’s Sporting Goods raises full year outlook

Jun 4, 2024 / United States
The US-based sporting goods retailer has started the fiscal year on a positive note, with first quarter sales up by 6.2% over the same period of last year. As a result, it has raised its full year outlook

Sun Choe appointed Global President of Vans

Jun 3, 2024 / United States
VF Corp has appointed Sun Choe as Global President of Vans, effective the end of July. She joins the company from lululemon, where she was Chief Product Officer for the past seven years

Capri results disappoint in the fourth quarter

Jun 3, 2024 / United States
As its ongoing acquisition by Tapestry awaits legal resolution after being blocked by a US regulator, the luxury fashion group reports a disappointing fourth quarter due to weak global demand
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