World Footwear

United States

VF Corp cuts full year outlook but outlines long-term growth strategy

Oct 6, 2022 / United States
The US-based apparel and footwear group revised its outlook for the current fiscal year after lower-than-expected results in the second quarter. It also mapped out a 5-year strategic growth plan

Nike announces first quarter results

Oct 4, 2022 / United States
The US-based company reported revenue growth in the first quarter of fiscal 2023, but a decline in earnings mainly due to overstocked inventory. Performance in China impacted by COVID-19-related disruptions

French Edit Pop-Up opens at Chelsea Market in NY

Oct 4, 2022 / United States
The French Footwear Edit Pop-Up opened on the 1st of October at Neighbourhood Goods in Chelsea Market, featuring six brands that display the diversity of French craftsmanship in shoes

US holiday sales to grow at a slower pace

Sep 29, 2022 / United States
Due to inflation, US holiday retail sales are likely to increase in the 2022-2033 holiday season at a slower pace than last year. E-commerce might be an opportunity as consumers try to maximize their spending

Mexico: footwear exports on track to grow by more than 50% this year

Sep 27, 2022 / Mexico
The Mexican footwear industry estimates to export between 32 and 35 million pairs by the end of 2022, which would reflect a growth year-over-year of more than 50%

Columbia Sportswear outlines 3-year growth targets

Sep 26, 2022 / United States
The US-based company is expecting to reach net sales of 4.5 billion US dollars to 4.7 billion US dollars by 2025, reflecting a three-year compound annual rate of growth (CAGR) of 9% to 11%

US footwear price increases appear to be slowing down

Sep 23, 2022 / United States
Despite rising inflation, data from the Footwear Distributors and Retailers of America (FDRA) suggests that footwear prices are showing some signs of moderating, though slowly

Skechers SVP of Domestic Sales Rick Graham to retire

Sep 20, 2022 / United States
After being with Skechers for nearly 30 years, Senior Vice President of Domestic Sales Rick Graham announced his retirement. He will be succeeded by Pete Calichman, who joined the company in 2017

Original Footwear Company appoints new CEO

Sep 14, 2022 / United States
The US-based manufacturer of military and law enforcement footwear appointed the global footwear and apparel brand executive Mark Cavanaugh as the new Chief Executive Officer

Todd Krinsky is Reebok's new CEO

Sep 13, 2022 / United States
Authentic Brands Group, the owner of Reebok, has named Todd Krinsky to the role of CEO. He succeeds Matt O'Toole, who led the sportswear brand for over 15 years and will join ABG in January 2023

Genesco lowers full year outlook

Sep 8, 2022 / United States
As Journeys failed to meet expectations in the second quarter of fiscal 2023, and in light of the current impact inflation is having on consumer spending, the company lowered its guidance for the full year

Caleres reports strong performance

Sep 6, 2022 / United States
The US-based footwear group posted record consolidated net sales and earnings in the second quarter of fiscal 2022, raising its sales outlook for the full year

Tapestry posts record yearly revenue

Sep 5, 2022 / United States
Despite reporting a weak fourth quarter, the owner of Coach, Kate Spade and Stuart Weitzman posted a record revenue of 6.7 billion US dollars over fiscal 2022, exceeding pre-pandemic levels

Designer Brands announces second quarter results

Sep 2, 2022 / United States
The North-American company posted a solid performance this quarter, raising its full year guidance. It also said to remain optimistic about the goal of doubling owned brands' sales by 2026

Shoe Carnival reports a sales decline

Sep 1, 2022 / United States
The US-based retailer of footwear and accessories posted net sales of 312.2 million US dollars in the second quarter of 2022, which reflects a drop of 6% as compared to the same period of 2021
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