World Footwear

United States

US: threat of new tariffs in response to digital taxes

Apr 16, 2021 / United States
The United States Trade Representative (USTR) is collecting public comments on the potential implementation of tariffs to a list of goods from 6 US trading partners. Tariffs can go up to 25%. Footwear is part of the lists for some trade partners

Under Armour announces commitments to tackle climate change

Apr 16, 2021 / United States
The US-based sportswear brand Under Armour has committed to using 100% renewable energy use in owned and operated facilities by 2030 and to achieve net zero greenhouse gas emissions by 2050

Todd Kahn is new Coach's Chief Executive Officer and Brand President

Apr 16, 2021 / United States
The New York-based house of modern luxury accessories and lifestyle brands, announced the appointment of Todd Kahn as Chief Executive Officer and Brand President of Coach, effective immediately

Wolverine appoints Kathleen Wilson-Thompson to its Board of Directors

Apr 15, 2021 / United States
The Michigan-based company announced the appointment of Kathleen Wilson-Thompson to its Board of Directors. The decision is effective from the 5th of May 2021 onwards

UBS foresees 80 000 stores closures in the US by 2026

Apr 9, 2021 / United States
The analysis presented by the investment bank indicates that after the peak in closures registered in 2019, the scenario is not bright and shiny for the next 5 years. UBS is forecasting a 9% of the total current number stores to shut across the country by 2026

New Balance appoints Creative Director for MADE In USA

Apr 8, 2021 / United States
New Balance has appointed Teddy Santis, owner and founder of New York-based fashion label Aimé Leon Dore, Creative director of its MADE In USA tagline

CFDA and Swarovski Foundation launch scholarship to support sustainable innovation

Apr 6, 2021 / United States
While celebrating the 25th Anniversary of the CFDA Scholarship Program, the Council of Fashion Designers of America (CFDA) is partnering with the Swarovski Foundation to create the Re: GENERATION Innovation Scholar Award

Wolverine: 50% increase in ecommerce revenue

Apr 3, 2021 / United States
The US-headquartered footwear manufacturer has reported 50% growth of direct-to-consumer e-commerce revenue in the 2020 financial year

Nike to stop selling to six wholesale players

Apr 2, 2021 / United States
In a note, Williams Trading’s Analyst, Sam Poser, stated that proprietary checks confirm that Nike will close six wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports, and Big Five

US: stimulus checks fuel spending in athletic footwear and apparel

Apr 1, 2021 / United States
Data from the Bank of America Global Research reveals that Americans are buying more sneakers and apparel, as the stimulus checks reach the bank accounts of many Americans

Weyco: net sales down by 35.7% in 2020

Mar 31, 2021 / United States
The Milwaukee-based footwear group has announced financial results for the quarter and year ended on the 31st of December 2020. Net sales were down by 28.7% in the last quarter of the year. Accumulated loss for the year reached 35.7%

Nike announces 2025 targets

Mar 29, 2021 / United States
Sportswear brand Nike has announced third quarter revenues of 10.4 billion US dollars, up by 3% compared with the previous year. Over the next five years, Nike aims to bring to life 29 targets focused on people, planet and play

Caleres: revenue down by 27.5% in 2020

Mar 26, 2021 / United States
The US-based footwear group has announced fourth quarter and full year 2020 results. Revenue was down by 18.3% in the last quarter, and by 27.5% for the total of 2020

Amazon becomes top apparel retailer in US

Mar 26, 2021 / United States
According to research conducted by American-based bank Wells Fargo, Amazon has surpassed Walmart as the country's top apparel retailer

Shoe Carnival with record quarterly net sales and net income

Mar 25, 2021 / United States
The Indiana-based retailer of footwear and accessories reported results for the fourth quarter and fiscal year ended on the 30th of January 2021. Shoe Carnival announced record quarterly net sales, net income and diluted net income per share
Page 1 of 92