United States
Skechers: sales down by 11.9% in 2020
The California-based footwear giant has announced fourth quarter and full year results for the period ended on the 31st of December 2020. Despite yearly sales declined by 11.9%, fourth quarter sales decreased by only 0.5%
Shoe Carnival announces preliminary sales with 5.8% growth
The Indiana-based footwear retailer announced preliminary results for the fourth quarter of fiscal year 2020. The company is now expecting to report net sales increasing to approximately 253.9 million US dollars (239.9 million US dollars in Q4 2019)
US Retail: footwear retail sales still below the 2018 average
No matter the seasonal hike in December, with flat retail sales of footwear since June 2020 and 20% lower than the 2018 average, the 1st quarter of 2021 will hardly beat this baseline. Even if one considers the hike in ecommerce, perspectives are not great. On top of that low consumer confidence and uncertainty regarding a full return of shoppers to the high street, add to the gloomy picture of retail in the US
Nike GO FlyEase: the hands-free shoe
The US-based sportswear giant caused a stir on social media last week with a video presentation of the new Nike GO FlyEase. The latest model presented by Nike is a hands-free shoe
US: steepest contraction in footwear consumption in 60 years
The US, one of the largest footwear markets, is the country registering more positive cases of COVID-19 since the outbreak of the pandemic. We have spoken with Matt Priest, President & CEO of the FDRA, the local footwear association, about the current situation in the country
Tapestry: sales fall by 7% in holiday quarter
The New York-based house of modern luxury accessories and lifestyle brands reported results for the fiscal second quarter ended on the 26th of December 2020. Tapestry, the owner of Coach, Kate Spade and Stuart Weitzman registered a 7% decline in sales during the last quarter of the year
Former Nike Executive Emma Minto joins Crocs
The brand of casual footwear for women, men and children, announced that Emma Minto was hired as Senior Vice President and General Manager, overseeing all Crocs operations for America
JD Sports Fashion to acquire US-based DTLR
The UK-based retailer of sports, fashion and outdoor brands, announces it entered into a conditional agreement for the acquisition of 100% of DTLR Villa LLC, a US-based lifestyle retailer with roughly 250 stores in 19 states
Sam Edelman debuts new slipper collection
Designed bearing in mind the customers changing lifestyle, Sam Edelman is presenting a collection of seven styles featured in an array of luxe faux fur, soft knit, faux shearling and satin materials
Tapestry named a Best Place to Work for LGBTQ Equality
The Human Rights Campaign (HRC) has ranked Tapestry as a “Best Place to Work for LGBTQ Equality”. Having achieved a score of 100% on HRC’s 2021 Corporate Equality Index, Tapestry earns this designation for the 7th consecutive year
US: AAFA calls for legislation to hold online marketplaces accountable for counterfeit sales
The American Apparel & Footwear Association (AAFA) submitted comments to the US Patent and Trademark Office regarding secondary trademark infringement liability in the e-commerce setting. With the increase of online commerce AAFA is calling for new legislation
Merrell and Big Brothers Big Sisters in partnership
Big Brothers Big Sisters (BBBS) and Merrell are joining forces in a multi-year partnership focused in harnessing the power of being outside, while making it more accessible to more youth. Partnership is on in the US and Canada
Nike sues nearly 600 websites for selling counterfeit sneakers
The US-based sportswear giant has filed a lawsuit against 589 websites allegedly selling counterfeit versions of its Nike and Converse shoes online
Nordstrom holiday sales fall by 22%
The American chain of luxury department stores announced a net sales decline of approximately 22% for the nine-week holiday period ended on the 2nd of January 2021, compared with the nine weeks ended on the 4th of January 2020
2020 should be Crocs' best year
The brand of casual footwear for women, men, and children, known by its clogs, raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%-
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