World Footwear

Sneakers

Nike posts third quarter results

Mar 29, 2022 / United States
The US-based company reported revenue growth in the third quarter of the current fiscal year, driven by a good performance of Nike’s direct business

Skechers to open experiential store in metaverse

Mar 16, 2022 / United States
The US-based footwear giant has announced that it will open an experiential store in the Fashion District of Decentraland, the Ethereum-based virtual world

adidas reports strong growth

Mar 15, 2022 / Germany
The sportswear giant posted currency-neutral sales growth of 16% in 2021 over the prior year, reaching 21.23 billion euros, despite disruptions in the Greater China and Asia-Pacific markets

Footwear business not expected to be carbon neutral by 2050

Premium ContentMar 9, 2022 / Business Conditions Survey
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen

adidas names Chief Creative Officer

Mar 8, 2022 / Germany
The sportswear company has announced the appointment of Alasdhair Willis to the position of Chief Creative Officer, effective April

Geox closes 2021 with strong performance

Mar 8, 2022 / Italy
The Italian brand posted revenue growth of 13.8% over 2020, reaching 608.9 million euros in 2021, driven by the performance of the wholesale channel and the gradual reopening of stores

Matt Priest: the US footwear industry is resilient and agile

Premium ContentMar 4, 2022 / United States
We have spoken to Matt Priest, who is the President & CEO of the Footwear Distributor & Retailers of America, to discuss in detail the achievement of the 100.7 billion US dollars record on consumer demand for shoes in 2021. We have also ventured into the future, going over the main concerns for the US footwear industry, such as rising inflation (7.5% in January), additional duties on Chinese consumers goods, but also the opportunities on the horizon

Nike accelerates its DTC strategy

Mar 3, 2022 / United States
Foot Locker is expecting its amount of Nike products to decline thanks to its accelerated strategic shift to DTC, but also due to the retailer’s own diversification efforts

Foot Locker posts strong full year 2021

Mar 2, 2022 / United States
The retailer announced the results for the fourth quarter and full year 2021. Net income for fiscal 2021 totalled 893 million US dollars, as compared with 323 million US dollars in 2020

Puma announces full year sales jump

Feb 24, 2022 / Germany
In 2021, the German sportswear giant’s revenue grew by 32% over 2020, reaching 6.81 billion euros, driven by the Americas region’s performance. Puma also reported achieving a record EBIT

ABG strengthens partnership with Foot Locker to expand Reebok in the US

Feb 23, 2022 / United States
The footwear retailer will widen its assortment while exclusively offering selected Reebok footwear models, for all, in its owned-stores and complementary e-commerce websites in the US

Tríbio: the newest Portuguese sustainable brand in the market

Feb 18, 2022 / Portugal
The Portuguese brand wants to take care of the Planet first. It stands out for being truly biodegradable and compostable and having every component certified

Under Armour announces fourth quarter and full year 2021 results

Feb 16, 2022 / United States
The Baltimore-based group has reported revenue growth of 27% in 2021, reaching 5.7 billion US dollars, as compared to the prior year. In the fourth quarter, revenue totalled 1.5 billion US dollars

Asics partners up with virtual training platform

Feb 16, 2022 / Japan
As part of the company's digital expansion strategy, Asics is joining forces with the online platform Zwift to create online running experiences that can assist runners achieving their goals

adidas strengthens its commitment to women

Feb 11, 2022 / Germany
The German-based sportswear has launched new women-focused products, alongside enhanced support for established and emerging athletes, as well as new support programmes
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