United States
Nike reports fourth-quarter and full year results
The US-based sportswear company saw declines in revenue for both the quarter and full year, but remains hopeful, repositioning through a sport-focused strategy to renew consumer connection
US core retail sales hold their own
Continued growth in core retail sales in May was shown by data released by the US Census Bureau, despite a downturn in overall sales amid fluctuating tariffs, said the National Retail Federation
Kizik names former Nike veteran as CEO
The Utah-based slip-on footwear brand and its parent company, HandsFree Lab, have appointed Gareth Hosford, the former Nike and Converse executive, as Chief Executive Officer
APICCAPS shares key takeaways on Portuguese footwear at Vogue Business event
A panel discussion co-hosted by Vogue Business and APICCAPS shed light on major changes in the global production landscape, encouraging brands to rethink their manufacturing strategies
US and China strike preliminary trade deal
The United States and China have reached a framework agreement on a trade deal that eases global trade tensions. However, the final terms have yet to be formally agreed upon by both governments
Designer Brands posts weak first quarter, withdraws full year outlook
The Ohio-based company has posted weak results in the first quarter. Due to ongoing instability and pressure on consumer discretionary spending, it has also withdrawn its full year outlook
Nike appoints new Chief Innovation Officer
Following John Hoke’s announcement of his retirement, the US-based sportswear company promoted Tony Bignell, Vice President of running footwear, to Chief Innovation Officer
Genesco posts a better-than-expected first quarter
The US-based footwear company posted better-than-expected results in the first quarter, with sales growing and the operating loss narrowing as compared to the same period last year
Shoe Carnival names Kerry Jackson to lead New Business Development
The US-based footwear retailer has announced the return of industry veteran Kerry Jackson to the newly created role of Senior Vice President of New Business Development
Dr. Martens appoints former Nike executive as President of Americas Region
The UK-based footwear company has appointed Paul Zadoff, a former Nike executive, as President of the Americas, as part of its ongoing efforts to rebuild its business in the US
Shoe Carnival confirms full year outlook
Despite declining sales in the first quarter, the US-based footwear retailer has confirmed its full year outlook, mainly thanks to a successful growth strategy for its Shoe Station banner
APICCAPS joins Vogue Business to address the ongoing global production upheaval
Today, APICCAPS and Vogue Business are hosting an event at the Nine Orchard rooftop, New York, to explore new production opportunities in an increasingly unstable global environment
First quarter expectations were not met by Caleres
The US-based company has reported that its first quarter results fell short of expectations, with net sales and profitability declining. In the short term, Caleres will focus on cost control and operational optimisation
US Trade Court blocks most of Trump’s global tariffs
The Court of International Trade ruled that President Trump did not have the authority to impose blanket tariffs on imports from US trading partners. This voids most of the tariffs that sparked the latest global trade war
Nordstrom goes private
The Seattle-based retailer has announced that the brothers Erik and Pete Nordstrom, along with other members of the family, have completed the acquisition of Nordstrom in partnership with El Puerto de Liverpool-
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