United States
Kizik secures distribution in Japan and Canada
The Utah-based slip-on footwear brand has partnered up with Marubeni Consumer Brands and Kanner Corporation to secure distribution in Japan and Canada, respectively
US holiday retail sales expected to rise up to 3.3% in 2024
Consulting firm Deloitte forecasts that holiday retail sales will increase between 2.3% and 3.3% in 2024, driven by a projected 7% to 9% growth in e-commerce as consumers continue to shift to online
International sales soar at SportsShoes.com
The UK-based footwear and outdoor gear e-commerce retailer has reported a 22% increase in international sales in the first half of its fiscal year, as compared to the same period of last year
Authentic Brands Group appoints Josh Perlman as Executive Vice-President to lead Greater China expansion
Authentic continues to expand its Asian Pacific portfolio with the appointment of Josh Perlman to lead its Greater China strategy. Perlman brings over 25 years of experience in brand development
Axel Arigato opens New York flagship store, marking its US debut
Celebrating its 10th anniversary, the Swedish footwear brand Axel Arigato opened its first US store in New York, bringing Scandinavian minimalism and signature designs to the SoHo neighbourhood
Nike reports weak first quarter ahead of CEO change
The US-based sportswear giant has reported a sharp fall in revenue and profits in the first quarter of its current fiscal year, ahead of the forthcoming CEO change
Authentic closes Champion acquisition deal
Authentic Brands Group (ABG) has announced that it has completed the acquisition of the athleticwear brand Champion, the second-largest acquisition in the company’s history
AAFA urges US President Biden to prevent potential strikes at the East and Gulf Coast ports
The AAFA is urging the US administration to intervene and prevent strikes at East and Gulf Coast ports. These ports accounted for 53% of all US apparel, footwear and accessories imports in 2023
US retail sales continue to increase despite slower employment growth
According to the CNBC/NRF Retail Monitor, August retail data showed steady growth, with total sales up by 2.11% year-on-year, led by solid performances in the online, clothing, and health sectors, even as job growth slowed
Crocs launches clog made with 25% recycled content from old shoes
Crocs continues to invest in circularity. Most recently, the company launched its Keep It Going Classic clog, which is made from 25% recycled material from old shoes collected through its take-back programme
Nike veteran Elliot Hill succeeds John Donahoe at the company’s helm
Amid a broader restructuring, the US sportswear giant has announced that CEO John Donahoe is stepping down from his position and will be succeeded by former senior executive Elliot Hill
Skechers files patent infringement lawsuit against Rockport
The US-based company is accusing Rockport, as well as its parent company Authentic Brands Group and its licensee Marc Fisher, of allegedly making and selling shoes that infringe on its patented slip-in technology
US: shoe prices decline for the first time in a year in August
According to the latest data from the Footwear Distributors and Retailers of America (FDRA), US footwear prices fell in August for the first time in a year, in line with the general inflation trend
Caleres reports lower net sales amid operational challenges
The US-based group maintained a strong gross margin of 45.5%, driven by the Brand Portfolio segment, as reporting challenges and weak seasonal demand affected the company’s guidance-
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