World Footwear

United States

Under Armour announces third quarter results

Feb 15, 2023 / United States
The Baltimore-based company reported revenue growth of 3% in the third quarter of fiscal 2023, reaching 1.6 billion US dollars, as compared to the same period of the prior fiscal year

Tapestry delivers record second quarter earnings

Feb 14, 2023 / United States
The owner of Coach, Kate Spade and Stuart Weitzman posted record earnings per diluted share of 1.36 US dollars in the second quarter of FY 2023, even though net sales fell by 5% year-over-year

FedEx Office to shut SameDay City service

Feb 14, 2023 / United States
The shipping company confirmed that it will end the service that provides same-day deliveries in large metro areas from the 31st of March. In face of declining demand, the goal is to reduce costs

Designer Brands acquires Keds from Wolverine

Feb 10, 2023 / United States
The North American company has acquired the footwear brand Keds from Wolverine Worldwide, thus increasing its Owned Brands portfolio while reaching into the athleisure category

Vans and Dickies drag down VF's revenue

Feb 9, 2023 / United States
The US-based company has reported a 3% decline in revenue in the third quarter of the current fiscal 2023, year-over-year, with Vans and Dickies performing poorly in the period

Kohl's names Tom Kingsbury as Chief Executive Officer

Feb 8, 2023 / United States
After serving as Interim Chief Executive Officer since the 2nd of December 2022, the US-based retailer's Board of Directors has unanimously appointed Tom Kingsbury as its permanent CEO

Hoka's third quarter sales up by 90%

Feb 8, 2023 / United States
The performance of the Hoka brand continues to stand out in the quaterly results of Deckers Brands, which posted net sales growth of 13.3% year-over-year in the third quarter of fiscal 2023

Columbia Sportswear announces full year results

Feb 7, 2023 / United States
The US-based company reported a net sales increase of 11% in 2022 over the prior year. But, amid supply chain constraints, net income in the same period declined by 12% year-over-year

Skechers announces record annual sales

Feb 3, 2023 / United States
The US-based company reported an increase in sales of 18% in 2022, year-over-year, reaching a record total of 7.4 billion US dollars, as the result of four quarterly sales records

Nike sues lululemon over patent infringements

Feb 2, 2023 / United States
The US-based sportswear company has filed a complaint against the Vancouver-based apparel company for patent infringement related to at least four of the company's latest shoe releases

Luxury's US growth may slow down

Feb 1, 2023 / United States
Several analysts believe that the looming recession and rising lay-offs are darkening luxury's outlook in the country for the coming months, following a period of strong sales

Nordstrom Chief Merchandising Officer to retire

Jan 26, 2023 / United States
The Seattle-based department store announced that Chief Merchandising Officer Teri Bariquit is retiring after 37 years with the company. She will remain in the role until a successor is named

American Exchange Group acquires White Mountain Footwear

Jan 19, 2023 / United States
The US-based designer, manufacturer and wholesaler of footwear and accessories has announced the purchase of the women's footwear label for an undisclosed sum

Aerosoles launches footwear line for children

Jan 18, 2023 / United States
The US-based brand announced that it will expand into the kids' footwear segment. This launch reflects Aerosoles' efforts to prove itself as a global brand, whose offering ranges beyond women's shoes

US: footwear prices increases to continue decelerating

Jan 17, 2023 / United States
According to the FDRA, full year footwear prices were up by 4.6%, as compared to 2021. But a break for consumers might be on the way, with data suggesting a decline in the growth pace
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