United States
Nike beats expectations
The Oregon-based sportswear giant reported earnings rising by 10.4% in the second quarter. A 9.6% revenue gain was registered. Earnings and revenues both topped expectations as margins improved and strong sales were witnessed in North America and China
Shoe Carnival: sales increase by 4.5%
US-based footwear retailer Shoe Carnival reported third quarter financial results with comparable store sales increasing by 4.5%. Company raised the oulook for the 2018 Fiscal Year results
Shoe Carnival with new share repurchase program
The US-based footwear retailer announced a new 50 million US dollars share repurchase program. The company also announced it will pay a quarterly cash dividend of 0.08 US dollars per share
Industry achievers acclaimed - Part II
Annual awards, dubbed the shoe “Oscars”, highlight industry achievements in New York fashion
Industry achievers acclaimed
The Footwear News Achievement Annual Awards, dubbed the shoe “Oscars”, highlight industry achievements in New York fashion
What the heel happened?
Marketplace mayhem ensues as fashion trade show dates conflict
Industry reboot
Fresh changes afoot as prominent US footwear industry shows evolve
Footwear exports interrupt falling trend in Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in November 10.54 million pairs were sent abroad for 84.78 million US dollars, up by 6.6% in volume and 1.6% in value. However this wasn't enough to recover from the accumulated drop in the year
Genesco sells struggling Lids
The Nashville-based group has announced it reached an agreement to sell Lids Sports Group. Payment in cash should amount to 100 million US dollars
Crocs with strong quarter
The US-based company famous for its clogs announced third quarter results marked by an increase in revenue (7.3%). As a result, the company is upçifiting its guidance
VF appoints new Vans Head for Europe
VF Corporation, a branded lifestyle apparel, footwear and accessories, appointed Stefano Saccone to the position of Vice President, General Manager of Vans, EMEA. Saccone will lead the brand and its business across the EMEA region from the 1st of April 2019 onwards
Top line momentum for DSW
The Ohio-based designer, producer and retailer of footwear and accessories, announced financial results for the three months period ended on the 3rd of November. Total revenue increased by 17.2% in the period
Farfetch acquires Stadium Goods
With this acquisition of the sneaker and streetwear marketplace, Stadium Goods, Farfetch will expand its offering in the premier sneaker and streetwear category, which is part of the fast-growing premium sportswear market
American footwear industry applauds trade war ceasefire
The Footwear Distributors & Retailers of America (FDRA) applauded the move by the Trump administration to suspend new trade tariffs
Genesco with record sales increase
The Tennessee-based retailer giant announced the highest gain in more than two years. Company narrowed fiscal 2019 guidance range and reiterates mid-point-
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