World Footwear

United States

Merrell and Saucony drive growth for Wolverine Worldwide

May 16, 2025 / United States
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

May 16, 2025 / United States
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

May 15, 2025 / United States
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

May 15, 2025 / United States
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

May 14, 2025 / United States
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

May 14, 2025 / United States
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

May 13, 2025 / United States
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 However, due to uncertainty from global trade policies, it has withdrawn its full year outlook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

May 12, 2025 / United States
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

May 12, 2025 / Portugal
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

May 9, 2025 / United States
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

May 9, 2025 / United States
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

Rocky Brands kicks off 2025 with solid results

May 8, 2025 / United States
The US-based footwear company has reported a strong first quarter and maintained its full year net sales guidance, as it prepares to raise prices due to tariffs

Skechers to be acquired by 3G Capital

May 7, 2025 / United States
The US-based sneaker company has agreed to be taken private by the investment firm 3G Capital in a deal worth 9.42 billion US dollars after nearly three decades as a public company

76 footwear brands urge Donald Trump to exempt shoes from tariffs

May 5, 2025 / United States
Nike, Skechers, Crocs, adidas, Puma, Caleres, VF Corp and Wolverine Worldwide are among the 76 companies that are urging the US administration to exempt footwear from the tariffs, fearing rising costs

Saks Global lays off hundreds of people

Apr 30, 2025 / United States
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has laid off hundreds of employees as part of a plan to consolidate operations as the retailers merge
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