World Footwear

United States

Wolverine Worldwide announces partnership to grow Cat Footwear in the UK

Jan 10, 2025 / United States
The US-based company has partnered with the British footwear distributor Chapters Brand Group to grow the Cat Footwear brand in the UK. Wolverine is the global footwear licensee for the brand

Under Armour appoints SVP of global brand and Americas marketing

Jan 9, 2025 / United States
The US-based sportswear company has appointed Tyler Rutstein, who has previously worked at adidas and Overtime, as its senior vice president of global brand and Americas marketing

US holiday retail sales up by 3.8% as consumers prioritised value

Jan 3, 2025 / United States
US retail sales rose by 3.8% year-over-year from November to Christmas, according to Mastercard Spending Pulse, as consumers prioritised getting the best deal and digital-first shopping

Skechers settles design patent case against L.L. Bean

Jan 2, 2025 / United States
Skechers and L.L. Bean have settled a lawsuit alleging the latter’s "Freeport" shoes infringed patented heel cup designs, with a court order barring further sales, imports and manufacturing

Saks completes the acquisition of Neiman Marcus

Dec 30, 2024 / United States
For a total enterprise value of 2.7 billion USD, the luxury retail and real estate company Saks Global now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH

Nike reports revenue decline amid strategic repositioning

Dec 26, 2024 / United States
The US-based sportswear company reported revenue and net income decline in the second quarter. CEO Elliot Hill shared ambitions to refocus on sports to drive long-term growth and shareholder value

Shoes For Crews appoints new CEO

Dec 26, 2024 / United States
The Florida-based manufacturer of slip-resistant safety footwear has announced that Chris Quinn will assume the role of Chief Executive Officer beginning on the 1st of January 2025

Macy's concludes internal investigation and reports results

Dec 20, 2024 / United States
The US-based company delayed the announcement of its third quarter results due to deliberate accounting errors. Macy's assured stakeholders of limited financial impact and declared stricter controls

Shoe Carnival strengthens returns to shareholders

Dec 20, 2024 / United States
The US footwear retailer announced a quarterly dividend and a new stock repurchase program, leveraging cash reserves to support stock performance and corporate initiatives

Under Armour unveils four-pillar growth strategy

Dec 18, 2024 / United States
The Baltimore-based company has outlined a four-pillar growth strategy focused on product, story, service and team to realise its long term potential. The outlook for the current fiscal year remains unchanged

Cirql unveils new biodegradable midsole solution

Dec 16, 2024 / United States
OrthoLite subsidiary Cirql launched Cirql Zero, a midsole that meets compostability standards, providing an alternative to traditional materials with wide manufacturing adaptability

Genesco reports sales growth in the third quarter

Dec 12, 2024 / United States
The US-based company positively adjusted its 2025 guidance, driven by solid e-commerce growth, improved consumer experiences and robust sales momentum at Journeys during the third quarter

Caleres lowers full year outlook

Dec 12, 2024 / United States
The US-based footwear company has lowered its full year outlook after a weaker-than-expected third quarter, citing weaker seasonal demand for boots, supply chain issues and a specific customer credit problem

Another quarterly decline in net sales for Designer Brands

Dec 11, 2024 / United States
The US-based footwear retailer has reported a 2.6% year-over-year decline in third quarter net sales, as unseasonably warm weather and continued macroeconomic uncertainty weighed on consumer spending

Merrell appoints Noreen Naroo-Pucci as Chief Product Officer

Dec 11, 2024 / United States
The brand has appointed Noreen Naroo-Pucci as Chief Product Officer, as part of its strategy to meet the growing demand for footwear that transitions from outdoor adventure to everyday life
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