United States
Skechers Kids wins Design Excellence Award
The California-based sportswear collection has been recognized with a design excellence award in the children’s category from trade publication Footwear Plus
JCPenney to close more than 100 stores
JC Penney believes this to be the right strategy to adjust the business allowing it to effectively compete against the growing threat of online retailers
Fila to sponsor the Netherlands Olympic Team
The sporstwear brand has entered into a sports apparel sponsorship agreement with the Netherlands Olympic Committee (NOC)
Nordstrom earnings exceed expectations
The Seattle-based company today reported fourth quarter earnings that exceeded expectations, reflecting continuous improvements to its operating model
Seventh consecutive year of growth for Foot Locker
The New York-based specialty athletic retailer reported financial results for its fourth quarter and full year (ended on the 28th of January)
New Balance teams up with New Era Cap
The two brands launched a new collaboration for 2017 that will include limited-edition products for baseball players
Sales down at Macy’s
The Cincinnati-based company reported declining sales and earnings in the fourth quarter and year. Outlook for 2017 points to further declines
Under Armour’s footwear revenue hits 1 billion US dollars
The Baltimore-based sports brand recorded revenue of 4.8 billion US dollars in 2016, up by 22% from the previous year, driven by strong performance in its footwear business
Steve Madden acquires Schwartz & Benjamin
The New-York based designer and marketer of fashion footwear and accessories for women, men and children announced that it has completed the acquisition of the privately held Schwartz & Benjamin, Inc.
Aéropostale to reopen 500 stores
After filing for bankruptcy in May and getting acquired in September, the retailer has announced it will reopen stores in the US
Nordstrom announces its largest-ever donation
Donation is to be made from Treasure&Bond, the company's give-back brand that donates 2.5% of net sales to nonprofit organizations empowering youth
Vans with 50 000 US dollars high school program
The US-based footwear manufacturer is sponsoring its eighth annual Vans Custom Culture art competition, inviting high school art students to embrace creativity
Finish Line to exit JackRabbit
The athletic retailer announced it has entered into a definitive agreement with affiliates of CriticalPoint Capital, a Los Angeles based private investment firm, to exit the JackRabbit business
Athletic footwear sales lost momentum in the US
According to the NPD Group, US athletic footwear results in the fourth quarter contracted following a soft third quarter. This reflects a shift in the second half of the year that contradicts the dynamics of the beginning of 2016
Half a billion dollars' loss for American consumers
The words are from Matt Priest, President and CEO footwear association Footwear Distributors and Retailers of America, reacting to the US withdrawal from the TPP signed today-
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