World Footwear

Sneakers

Asics Accelerator Programme open for applications

Dec 29, 2021 / Japan
The Japan-based sportswear giant is inviting potential candidates to submit their proposals until the 14th of February 2022, under the theme ‘sports- 3 years from now’

Skechers teams up with Hoop ’Til It Hurts Foundation

Dec 23, 2021 / United States
The company has launched a line of children footwear to support the Foundation’s mission of helping children in underserved communities across the US find lifelong success through basket

Nike accelerates its digital transformation

Dec 14, 2021 / United States
The company has announced the acquisition of RTFKT, which is a brand known for creating viral sneakers designs and collectible exclusives. The terms of the deal will not be disclosed

Puma increases production in Argentina

Dec 8, 2021 / Argentina
The sportswear giant in Argentina is to invest 4.2 million US dollars in its factory in La Rioja to increase its production capacity to 2.5 million pairs per year

Skechers launches Our Planet Matters recycled collection

Dec 7, 2021 / United States
The new collection was designed to help reduce the company’s environmental impact. Skechers has also announced a partnership with the non-profit The Nature Conservancy

Puma discloses pilot test for biodegradable sneakers

Nov 24, 2021 / Germany
The sportswear giant has developed a sustainable experimental version of its most iconic sneaker, the SUEDE, to address the challenge of waste management in the footwear industry

adidas announces revenue growth slowdown

Nov 17, 2021 / Germany
The sportswear giant has reported that supply chain disruptions and difficult environment in Greater China reduced growth by around 600 million euros in the third quarter of 2021

Under Armour raises full-year guidance

Nov 5, 2021 / United States
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

Puma reports sales growth

Nov 2, 2021 / Germany
The German-based sports giant announced sales increase of 20.4% in the third quarter of 2021, reaching 1.9 billion euros, despite the supply chain constraints

Skechers sales rise

Oct 29, 2021 / United States
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

Under Armour appoints Massimo Baratto Chief Consumer Officer

Oct 22, 2021 / United States
The Baltimore-based company has announced the appointment of Massimo Baratto to the position of Executive Vice President, Chief Consumer Officer

Asics: sales go up by 44% in the EMEA region

Sep 3, 2021 / EMEA
In the first six months of the current fiscal year, Japanese sports brand Asics saw sales in the Europe, Middle East and Africa (EMEA) area grow by 44% to 70.5 million euros compared to similar period of the previous year

adidas raises full year outlook

Aug 9, 2021 / Germany
The Germany-based sportswear giant announced its second quarter results for 2021. Revenue picked up everywhere except in Greater China. Sales growth in the period amounted to 51% in euro terms

Under Armour lifts outlook

Aug 6, 2021 / United States
The Baltimore-based sportswear giant has reported unaudited financial results for the second quarter ended on the 30th of June 2021. Revenue was up by 91% to 1.4 billion US dollars. Under Armour has updated its outlook for the fiscal year

COVID-19 outbreak in Vietnam threats footwear exports

Aug 3, 2021 / Vietnam
Strict lockdown measures to suppress Vietnam’s outbreak of COVID-19 threatens to lead to a decline in footwear exports in the second half of 2021. Companies such as Nike are already facing supply chain disruptions
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