World Footwear

Sneakers

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

Foot Locker accelerates Asia-Pacific expansion with acquisition of atmos

Aug 2, 2021 / Asia Pacific
The retailer has entered into a definitive agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan

Skechers and Kansaïyamamoto team up on limited-edition collection

Jul 27, 2021 / United States
The two brands collaborated on a limited-edition collection of footwear inspired by the late Japanese designer Kansai Yamamoto. It was launched on the first anniversary of his passing, on the 21st of July

Skechers with record quarter sales

Jul 26, 2021 / United States
The US-based footwear giant has reported second quarter results. Skechers announced sales increasing by 127.3%, as a result of a 147.3% increase in domestic sales and a 113.7% increase in international sales

VF announces year end results marked by growth in the last quarter

Jun 29, 2021 / United States
In the last fiscal year, the company suffered the impacts of the pandemic like many other retailers. However, VF's most recent quarter saw growth in key areas, with revenue growing by 23% in the last three months of the fiscal year

Nike with strong set of results

Jun 28, 2021 / United States
Nike reported fourth quarter revenue totalling 12.3 billion US dollars, up by 96% compared to prior year and increasing by 21% compared to the fourth quarter of 2019. Full year reported revenue increasing by 19% to 44.5 billion US dollars

DiVERGE promotes social entrepreneurship project

Jun 18, 2021 / Portugal
Nine people from Bairro do Zambujal participated in a new program to fight social exclusion through training and empowerment of young people from underprivileged neighbourhoods
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