World Footwear

United States

FDRA calls on Biden administration to eliminate footwear tariffs

Apr 30, 2024 / United States
Matt Priest, president and CEO of the Footwear Distributors & Retailers of America (FDRA), called on the Biden administration to eliminate tariffs on footwear in order to address rising shoe prices

JD Sports announces acquisition of Hibbett

Apr 26, 2024 / United Kingdom
The British sports retailer has proposed to buy the US sportswear retailer Hibbett for around 1.08 billion USD. The move will allow JD Sports to expand its business in the North American country

US regulator moves to block Tapestry’s acquisition of Capri

Apr 25, 2024 / United States
The Federal Trade Commission (FCT) has filed a lawsuit to block the merger of luxury fashion conglomerates Tapestry and Capri Holdings, arguing that it would lead to higher prices for US consumers

US retail sales rise again in March

Apr 24, 2024 / United States
Retail sales rose by 0.7% in March compared with February (seasonally adjusted), following a 0.9% rise in the previous month, reflecting continued consumer strength

Another exit at Under Armour

Apr 22, 2024 / United States
Chief People and Administrative Officer Tchernavia Rocker will leave the company on the 1st of June 2024 “for personal reasons”, the Baltimore-based sportswear company said in an SEC filing

Crocs appoints new president for Heydude

Apr 19, 2024 / United States
The US footwear company has announced the appointment of Terence Reilly as incoming Executive Vice President and President for the Heydude brand, effective from the 29th of April

US apparel and footwear industries call for 16-year AGOA extension

Apr 18, 2024 / United States
The AGOA trade programme, which grants duty-free access to the US market by eligible countries in sub-Saharan Africa, is currently set to expire in September 2025

Kidpik and Nina Footwear announce merger

Apr 11, 2024 / United States
The subscription-based online children’s clothing retailer and the company that owns the Nina Footwear brand, which specialises in women’s and children’s dress shoes, have entered into a definitive merger agreement

Capri Holdings acquires the Italian shoemaker Sicla

Apr 10, 2024 / United States
The US-based conglomerate has signed an agreement to buy Sicla, the Tuscan shoemaker known for producing some of its Jimmy Choo’s collections. The move is designed to strengthen Capri’s manufacturing capabilities

Authentic Brands Group agrees to buy Champion

Apr 8, 2024 / United States
The New York-based brand management company has reached an informal agreement to buy the Champion label from HanesBrands for a little more than 1 billion US dollars

Footwear brand Heydude launched in the UK market

Apr 3, 2024 / United States
The Crocs-owned casual footwear brand Heydude launched in the UK last month as part of its international expansion strategy to increase global brand awareness

A slight increase in revenue for Nike

Mar 28, 2024 / United States
The US-based company has reported a slight increase in revenue on both a reported and currency basis in the third quarter of fiscal 2024, as compared to the same period of the prior fiscal year

Designer Brands announces fourth quarter and full year results

Mar 28, 2024 / United States
The North American company ended the fiscal year 2023 with better-than-expected results due to its brand portfolio, but highlighted the challenging environment it faced

Shoe Carnival delivers consistent fourth quarter results

Mar 27, 2024 / United States
The US-based footwear retailer reported fourth quarter and full year 2023 results in line with previous expectations, highlighting the positive contribution from the December holiday season

Caleres posts solid fourth quarter

Mar 22, 2024 / United States
The US-based company reported a very small increase in net sales in the fourth quarter of its fiscal year 2023, but a significant improvement in profits, as compared to the same period last year
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