United States
First footwear reservation app launched by adidas
The ability to make reservations is a characteristic of the hospitality industry, where consumers can book in advance a place in a venue at a certain time. Now footwear will have the ability to do it as well
Under Armour with net revenue growth of 32%
The US-based sportswear company revealed quarter four and full year results. Growth continues to distinguish the brands’ performance
New crowdfunding platform uses shoes as currency
Funds2Orgs, a for-profit social enterprise, launched the initiative Shoe Funding through their website allowing any user to raise funds for a special endeavor by collecting new and gently used shoes
Under Armour buys two fitness apps
To further expand its fitness business the Baltimore-based company has acquired Endomondo and MyFitnessPal
Cole Haan opens new Global Innovation Center
The US-based lifestyle footwear and accessories brand announced the opening of its Innovation & Sports Lifestyle Design Center, located at its Global Headquarters in New Hampshire
Skechers named company of the year
The recognition was given by the trade publication Footwear Plus at its Annual Plus Awards. This is the sixth time that Skechers is honored with the Plus Award
Under Armour overtakes adidas in US sportswear market
Last year, adidas lost its number 2 position in the competitive American sportswear market to rival Under Armour, which increased sales in both apparel and footwear at the expense of the Germany-based sportswear giant
New Chief Financial Officer announced at Brown Shoe
The US-based footwear company named Kenneth Hannah as Senior Vice President and Chief Financial Officer of the company, replacing Russ Hammer as of the 16th February onwards
Deckers announces record net sales
The US-based company reported net sales for the third quarter amounting to 784.7 million US dollars, up by 6.6% from similar period last year (736.0 million US dollars)
DSW announces management changes
The US-based footwear and accessories retailer announced the promotion of several executives. Changes will be effective from today onwards
Steve Madden announces acquisition of Blondo
The famous US-based designer of fashion footwear announced that it has acquired the intellectual property and related assets of Blondo, a fashion-oriented footwear brand specializing in waterproof leather boots
New Balance files complaint against Converse
This complaint follows previous action from rival Converse, against several brands and companies
Wolverine Worldwide with steady growth
The US-based footwear giant announced preliminary unaudited financial results for its fourth quarter and full-year ended at the 3rd of January. Revenue for the quarter up by 9.6%
Converse presents the Andy Warhol Collection
The debut of the new line results from a partnership of the footwear brand with the Andy Warhol Foundation
Americans buy 7.5 pairs of shoes per year
The number has been released by the American Apparel & Footwear Association (AAFA) while announcing their ApparelStats 2014 and ShoeStats 2014 reports-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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