The US-based designer and marketer of footwear reported modest revenue growth in the third quarter as new import tariffs and higher costs weighed on margins, though demand for its core collections remained strong
In two separate announcements, Amazon revealed strong third quarter results and confirmed its intention to cut 14,000 jobs worldwide. The company did not link the layoffs to its financial performance
The US-based clog manufacturer has reported a weaker third quarter, marked by lower wholesale sales. To navigate a challenging retail market, Crocs is focusing on cost reductions and operational efficiency
In a challenging market environment, the US-based footwear manufacturer achieved solid third quarter results, characterised by increased sales, improved margins and stronger profitability
The US-based company has lowered its full year outlook following a third quarter in which weak US sales continued to offset strong international growth. Impairment charges for prAna and Mountain Hardwear hit profits
In their first in-person meeting in six years, US President Donald Trump and Chinese President Xi Jinping reached a trade truce, halting the recent escalation of the trade war over rare earth elements
The sneaker and lifestyle brand, which is owned by Authentic Brands Group, has opened its European headquarters in London and appointed Marc Le Roux as the new regional CEO of Reebok
The US-based company has reported performance in the second quarter that exceeded expectations, driven by its The North Face and Timberland brands. This further strengthens the company's turnaround strategy
The California-based company has posted another strong quarterly performance in the 2026 financial year, with both its Hoka and Ugg brands achieving double-digit growth
Mark Haley, the company’s Senior Vice President, Controller and Principal Accounting Officer, has been named Interim Principal Financial Officer following the resignation of CFO Jared Poff
The Footwear Collective has partnered with Goodwill SoCal to collect and recycle used shoes. Consumers are invited to donate shoes of any brand or condition as part of this major initiative
Year-to-date Chinese footwear exports are down, while Vietnam and Indonesia have grown. EU exports increased modestly, with Portugal performing better than Spain and Italy. US imports increased in value
The American Apparel & Footwear Association (AAFA) has promoted Nate Herman to the position of Executive Vice President. He has previously served as Senior Vice President of Policy
An additional 100% tariff on goods from China was announced to be imposed by US President Donald Trump, as a reaction to China’s move to expand its rare earth element export controls
Although Deloitte is forecasting an increase in holiday retail sales of between 2.9% and 3.4% this year, the rise in shoe prices is expected to slow footwear spending