World Footwear

United States

Strong third quarter for Caleres

Nov 25, 2022 / United States
The US-based footwear group posted record quarterly consolidated net sales of 798.3 million US dollars in the third quarter of 2022, driven by the performance of the Brand Portfolio Segment

Shoe Carnival announces third quarter results

Nov 24, 2022 / United States
The US-based footwear retailer reported a sales decline of 4% in the third quarter of 2022, as compared to the same period of 2021, in which results were impacted by governmental stimulus

AAFA applauds House for passing Inform Consumers Act

Nov 23, 2022 / United States
The American Apparel & Footwear Association commended the US House of Representatives for its passage of the Inform Act and is encouraging the Senate to push forward the bill

Foot Locker raises guidance

Nov 22, 2022 / United States
After reporting "better-than-expected results" in the third quarter of 2022, the US-based retailer announced that it has raised its full year outlook

Recycled footwear foam maker Blumaka starts producing in Central America

Nov 22, 2022 / United States
The Californian-based producer of footwear components has signed a lease on a manufacturing facility in El Salvador to expand production and provide US shoemakers with a closer production option

US consumers to do more holiday shopping in-stores than online

Nov 18, 2022 / United States
This is the first year since the COVID-pandemic breakout in which consumers said expecting to make more of their holiday purchases in stores (46%) than online (45%), said the NPD Group

Nike launches Web3 platform .Swoosh

Nov 18, 2022 / United States
The US-based sportswear giant has launched a new web3-enabled platform called .Swoosh. The company intends to make it home to the brand's virtual designs and digital community

Rocky Brands posts sales growth

Nov 16, 2022 / United States
The Ohio-based company reported a net sales increase of 17.5% in the third quarter of 2022, as compared to the same period of last year, amidst an escalation of macroeconomic headwinds

Tapestry announces first quarter results

Nov 15, 2022 / United States
The owner of Coach, Kate Spade and Stuart Weitzman posted net sales growth of 2% in the first quarter of fiscal 2023, year-over-year, lowering its previous guidance for the full year

Wolverine Worldwide posts revenue growth but below expectations

Nov 14, 2022 / United States
The company reported a revenue increase in the third quarter of 2022, but failed to meet its revenue and earnings expectations as the macroeconomic conditions continued to worsen

Under Armour lowers full year outlook

Nov 9, 2022 / United States
The Baltimore-based company has slightly lowered its fiscal 2023 guidance despite reporting second quarter results in line with expectations. Footwear segment was the only one to grow

Amazon rebounds

Nov 9, 2022 / United States
The Seattle-based online retail giant returned to profitability in the third quarter of the current year, but it is preparing for a slower last quarter, most likely due to a weaker consumer demand

US Retail: not all news are bad for retail

Premium ContentNov 8, 2022 / United States
The available data suggests that retailers made sure to fill up their stocks this year, most likely causing supply to outstrip demand. But while demand may have slowed down, mainly due to high inflation, spending has not ceased, and retailers are expected to increase their promotions through the end of the year to dispose of marked-down excess inventory. Consumer confidence indicators are somewhat mixed, but it is safe to assume that, at least, it has stopped bleeding. In fact, the contrast with European consumers is clear, showing that US shoppers are less sensitive to the geopolitical risks concerning the ongoing war in Ukraine. Meanwhile, though slowly, footwear prices increases are starting to decelerate

Crocs lifts 2022 guidance

Nov 7, 2022 / United States
The US-based company posted once again a strong quarterly performance, with a revenue growth of 57.4% in the third quarter of 2022 over the same period of last year, raising its outlook in result

Steve Madden cuts full year outlook

Nov 4, 2022 / United States
Despite a revenue increase in the third quarter of 2022, the US-based designer and marketer of footwear, accessories and apparel for women, men and children lowered its full year outlook
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