United States
Crocs raises full year outlook
US-based Crocs posted a 19.8% revenue growth in the third quarter. The company now expects 2019 revenues to grow 11% to 12% and reach record levels
Record-breaking amount raised by Skechers
During its 11th edition of the Annual Skechers Pier to Pier Friendship Walk more than 2 million US dollars in were raised for children with special needs and students
Luxury giant LVMH eyed at Tiffany
French-based luxury goods giant LVMH is aiming to buy Tiffany & Co., the iconic New York jeweller
Steve Madden raises full year guidance
The designer and marketer of fashion products announced financial results for the third quarter and adjusted its full year guidance
ABG to acquire Barneys New York
With the aquisition of the legendary luxury retail brand ABG will enhance its luxury footprint and consolidate its position in the contemporary fashion segment
Kevin Plank steps aside as Under Armour CEO
Patrik Frisk to become Chief Executive Officer of Under Armour on the 1st of January 2020. Founder Kevin Plank to become Executive Chairman and Brand Chief
Eric Liedtke to leave adidas by the end of 2019
After 25 years at adidas the Executive Board Member of adidas AG has informed the Supervisory Board that he will not be available for the entire next strategic cycle starting in 2021
Arezzo sets a deal to distribute Vans in Brazil
VF entered in a deal with Arezzo & Co. to handle Vans' suppliers, logistics, distribution, franchising, e-commerce and store expansion in Brazil
JackRabbit to acquire Olympia Sports Stores
A portfolio company of CriticalPoint Capital, JackRabbit, announced the cquisition of Olympia Sports Stores. This deal represents the Fourth Investment by JackRabbit over previous 2 years
Skechers wins in Converse lawsuit
The judge of the case found no violation of the Chuck Taylor trademark by any of the Skechers styles in case and Skechers issued a release on the matter
Counterfeit Nike shoes seized in the US
The US Authorities recently seized 14 806 pairs of counterfeit Nike shoes. If genuine the shoes would have an estimated manufacturer’s suggested retail price of over 2 million US dollars
Bill McCann as RPFMA's new Executive Director
The management and advocacy operations of the Rubber and Plastics Footwear Manufacturers Association are now performed by SMI and COO Bill McCann is the new Executive Director of the association
Mark Parker to step down as Nike's CEO
The sportswear giant announced Board Member John Donahoe will succeed Mark Parker as President & CEO in 2020. Parker will become Executive Chairman of Nike
Skechers achieves record net sales
In the third quarter of the year the US-based brand reported a new sales record of 1.354 billion US dollars
Wolverine names first Chief Merchant Officer
The US-based footwear giant announced the addition of veteran merchandising and branding expert Angelo Ng as the company's first-ever Chief Merchant Officer-
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