United States
New Balance: closures across office, factory and retail
In a statement issued by the company, Joe Preston, President and Chief Executive Officer, announced a series of measures to ensure the health of associates, customers, and communities
US associations issue joint statement on reports of forced labour
5 trade associations in the US issued a statement on reports of forced labour in the Xinjiang region of China, reinforcing they won't tolerate forced labour in their supply chains
CEO Jide Zeitlin commits to lead Tapestry
The Chairman and Chief Executive Officer of the group has committed to continue leading Tapestry for the next three years as the group defines and implements its multi-year growth agenda
Dick's Sporting Goods with increasing sales
The US-based retail chain has announced an increase in sales in the last fiscal year (+3.7%). Dick's remains enthusiastic about the business in 2019 balancing it with a degree of caution over the coronavirus
FDRA asks for a freeze on shoe duties
Footwear Distributors and Retailers of America (FDRA), the footwear industry’s business and trade association, sent a letter to the White House applauding the proposed payroll tax cut but also encouraging a freeze on footwear duties
Tapestry with 1% increase in net sales
The company announced second quarter results with a 1% increase in net sales. Net income presented double digit growth rate in the period. Second half guidance includes negative impact of the coronavirus outbreak
Coronavirus to impact US mall traffic
A survey conducted by Coresight Research revealed that nearly three-quarters of US consumers would avoid malls or shopping centres if the coronavirus outbreak worsens in the country
Vans promotes David Tichiaz to GM in North America
VF Corporation, the brand’s parent company, has confirmed the promotion of David Tichiaz to General Manager of Vans Americas
VF closes inaugural 500 million US dollars Green Bond
One of the world’s largest apparel, footwear and accessories companies, announced the closing of its 500 million euros green bond offering, representing the first green bond issued in the apparel and footwear industry
Apparel and footwear industry claims more work on counterfeit
Steve Lamar, President and CEO of the American Apparel & Footwear Association (AAFA), expressed encouragement following the introduction of the SHOP SAFE Act of 2020 in the House of Representatives
Steve Madden with increase in sales and profit
Revenue and net income for Steve Madden increased in the fourth quarter of 2019. For the complete year ended on the 31st of December 2019, the company's revenue increased by 6.5%
Leslie Gallin exits Informa
The President of footwear is leaving Informa after a decade at the helm of the FN Platform trade show in Las Vegas
Crocs closes the year with 13% hike in revenue
The famous clog brand has announced two digits growth rates for the fourth quarter of the year (+21.8%) and the full year (13.1%). Crocs closed the year with optimism, despite the coronavirus expected impacts
Two Ten Footwear Foundation appoints new CEO
The national charitable foundation of the US footwear industry announced the appointment of a new Chief Executive Officer for the organization. Shawn Osborne will take the leadership of the Foundation
Skechers collaborates with Goodyear on footwear
Global footwear brand Skechers is building on the technology in its footwear through a new collaboration with The Goodyear Rubber & Tire Company-
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