World Footwear

United States

Under Armour reports better-than-expected results

Nov 13, 2023 / United States
The US-based company posted a better-than-expected second quarter performance, but due to the challenges faced in the North American region, it decided to lower its revenue guidance for fiscal 2024

US Retail: footwear prospects until the end of the year are at a standstill

Premium ContentNov 12, 2023 / United States
Despite signs of a certain resilience from consumers over the summer, companies are taking a cautious approach for the rest of 2023. The long deceleration in footwear inflation came to a halt in August, so if the trend recedes, wage increases will have to follow suit, or the positive outlook for footwear retail could be jeopardised. It’s not surprising how carefully retailers are managing their inventory at the moment: neither too much nor too little

Timberland’s President Susie Mulder exits the company

Nov 10, 2023 / United States
Timberland’s global brand president Susie Mulder is existing VF Corp to pursue another opportunity, says Footwear News. She will be replaced on an interim basis by veteran Nina Flood

Rocky Brands reports another net sales decline

Nov 10, 2023 / United States
The US-based footwear manufacturer reported a net sales decrease of 14.8% in the third quarter of 2023, as compared to the same period of 2022, while emphasising an improvement on the prior quarter

Columbia Sportswear’s net sales increase but profits decline

Nov 9, 2023 / United States
The US-based company reported a net sales growth of 3% but a net income decline of 7% year-over-year in the third quarter of 2023, highlighting some improvements in the US marketplace

Crocs with another strong quarter

Nov 8, 2023 / United States
The US-based footwear company posted a revenue increase of 6.2% in the third quarter of 2023, as compared to the same period of 2022, driven by double-digit revenue growth from the Crocs brand

Amazon posts robust third quarter

Nov 8, 2023 / United States
The Seattle-based online giant posted a strong performance in the third quarter of 2023, with profits rising significantly to 9.9 billion USD from 2.9 billion USD in the same quarter of 2022

VF Corp launches turnaround plan

Nov 3, 2023 / United States
After another disappointing quarter, the US-based footwear announced the launch of Reinvent, a comprehensive transformation programme focused on improving operational performance and brand-building

Aldo Group strengthens relationship with ABG

Nov 3, 2023 / United States
The footwear group has signed a new licensee agreement with the Authentic Brands Group (ABG) concerning the recently acquired Roxy label, just a few months after inking two other deals

Demand for Hoka and Ugg drives Deckers' growth

Nov 2, 2023 / United States
Deckers posted a 25% increase in net sales and a 79% growth in diluted earnings per share in the second quarter of fiscal 2024, as compared to the same period of last year, thus raising its full year outlook

Skechers announces record quarterly sales

Nov 1, 2023 / United States
The US-based footwear company posted a 7.8% sales growth in the third quarter of 2023, as compared to the same period of last year, reaching a “record” 2.02 billion US dollars

Amazon to expand drone deliveries to the UK and Italy

Oct 26, 2023 / United States
The Seattle-based online retail giant announced the expansion of the Prime Air drone delivery system to customers in Italy and the UK by the end of 2024. A third US city will also be covered

VF Corp appoints former Nike President Trevor Edwards to its Board of Directors

Oct 25, 2023 / United States
The parent company of brands such as Timberland and Vans has announced the appointment of the former President of Nike Trevor Edwards to its Board of Directors

Steve Madden enhances its apparel platform with the acquisition of Almost Famous

Oct 25, 2023 / United States
The New York-based designer and marketer of fashion footwear, accessories and apparel announced the acquisition of the apparel company Almost Famous for 52 million US dollars

Under Armour names Gap veteran as new Chief Supply Chain Officer

Oct 18, 2023 / United States
The Baltimore-based sportswear company has named Gap veteran Shawn Curran as its new Chief Supply Chain Officer. He brings over 30 years of experience to the position
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