United States
Under Armour reports fourth quarter and full year 2025 results
The Baltimore-based company reported a decline in fourth quarter revenue across geographies and segments, but an increase in gross margin, as it continues to reposition the brand for long-term growth
Darren Mckoy (ex-Dr Martens) joins Timberland
VF Corp's group brand Timberland has named Darren Mckoy as its new Global Vice President of Product Design & Creative Direction
US Retail: bleak prospects amid growing uncertainty
The footwear retail sector is definitely underperforming, especially compared with clothing and accessories. The current trade war between the US and its trading partners is not helping consumers recover from last year’s inflationary crisis. Consumer confidence has fallen by almost 30% in the first four months of the year as people believe that shoe prices may rise significantly again. Against this backdrop, importers are at a standstill, trying to guess the best course of action. Uncertainty is the word that best describes the current situation in the sector
Keen committed to not raising prices in 2025
The outdoor footwear brand has announced that it will not be implementing any tariff-related price increases for the rest of 2025 in order to support its partners and customers during this period of uncertainty
Merrell and Saucony drive growth for Wolverine Worldwide
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
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
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
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
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
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
Columbia Sportswear announces first quarter results, withdraws full year outlook
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
US strikes deal with UK, cuts China tariffs for 90 days
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.
Portuguese footwear steps onto the MET Gala stage
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
Crocs withdraws full year outlook amid volatile macroeconomic environment
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
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-
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