World Footwear

News

Merrell and Saucony drive growth for Wolverine Worldwide

May 16, 2025 / United States
The US-based outdoor company has reported strong performance in the first quarter, fuelled by double-digit revenue increases for the Merrell and Saucony brands. This highlights the success of its turnaround strategy

Dick’s Sporting Goods to acquire Foot Locker for 2.4 billion USD

May 16, 2025 / United States
Dick’s Sporting Goods has announced that it will acquire Foot Locker for 2.4 billion US dollars. This deal will give Dick’s a major international presence and greater market leverage with brands such as Nike and adidas

Early signs of supply chain disruption from the recent trade war

May 15, 2025 / United States
Import cargo at major US container ports is expected to decline year-on-year for the first time in over a year and a half in May, as the effects of the trade war on the supply chain start to become apparent

Allbirds beats first quarter expectations

May 15, 2025 / United States
The US-based footwear company is confident in its turnaround plans. It delivered a first quarter ahead of expectations and believes it is well positioned to generate “topline momentum” in the second half

Nike shuffles leadership structure

May 14, 2025 / United States
Following Heidi O’Neill’s retirement from her role overseeing consumer, product and brand, the leadership will be divided into three areas. Amy Montagne has been promoted to President of the Nike brand

Tapestry raises full year outlook

May 14, 2025 / United States
The owner of Coach, Kate Spade, and Stuart Weitzman (whose sale is expected to be finalised in the summer) has reported strong performance in the first quarter, raising the outlook for the full year

Grendene gets off to a positive start in 2025

May 14, 2025 / Brazil
The owner of the Melissa and Ipanema brands posted a positive performance in the first quarter, driven by strong foreign market sales. The company is monitoring the situation with US tariffs, looking for new opportunities

UK Retail: the sector appears to be holding its own

The UK retail sector appears to be holding its own despite fears of increased costs as a result of the new Employment Rights Bill. In particular, retail sales of Textile, Clothing and Footwear (TCF) have risen back-to-back in the first quarter of the year, and the improvement in footwear inflation from negative to neutral in March may suggest a boost to demand. Although consumers aren’t exactly optimistic about the future, especially with new rising bills and the ongoing US trade war, retailers still have reasons to restock

Columbia Sportswear announces first quarter results, withdraws full year outlook

May 13, 2025 / United States
The US-based company reported a satisfactory performance in the first quarter, with growth in all markets except the US and Canada. However, due to uncertainty from global trade policies, it has withdrawn its full year outlook

Puma profits dip in the first quarter

May 13, 2025 / Germany
The sportswear company reported a subdued performance in the first quarter, with the adjusted operating profit falling by more than 50% year-on-year due to lower gross profit margins and rising operating expenses

Portuguese footwear steps onto the MET Gala stage

May 12, 2025 / Portugal
Portuguese footwear made its debut at the MET Gala as musician Maluma and designer Willy Chavarria walked the world’s most famous red carpet in Carlos Santos shoes

US strikes deal with UK, cuts China tariffs for 90 days

May 12, 2025 / United States
The US will reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free. It will also lower tariffs on Chinese goods from 145% to 30% for 90 days.

Crocs withdraws full year outlook amid volatile macroeconomic environment

May 9, 2025 / United States
The US-based company, best known for its clogs, has reported “better-than-expected” fist quarter results. However, due to the current macroeconomic environment, it has decided to withdraw its full year outlook

Steve Madden posts modest first quarter and signals cautious approach to the year

May 9, 2025 / United States
The US-based company has reported a modest first quarter performance, withdrawing its full year outlook due to macroeconomic uncertainty surrounding the impact of Trump’s new tariffs. Kurt Geiger acquisition completed

Rocky Brands kicks off 2025 with solid results

May 8, 2025 / United States
The US-based footwear company has reported a strong first quarter and maintained its full year net sales guidance, as it prepares to raise prices due to tariffs
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