United States
Diadora appoints new USA Chief Marketing Officer
The Italian-based sporting goods manufacturer has appointed Ryan Eckel, former brand president of running brand Tracksmith, as its next USA Chief Marketing Officer
Nike creates an immersive experience for the Olympic Games at Centre Pompidou
The US-based sportswear giant has teamed up with the Centre Pompidou, one of the historic landmarks of Paris, to celebrate the unending story of Nike Air innovation during the Olympic Games
Skechers files patent infringement lawsuit against L.L Bean
The US-based sneaker company claims that the American retailer has illegally used its patented “heel cup” design. Skechers is seeking a jury trial and financial compensation
US Retail: there’s still a great deal of uncertainty
There are still no solid signs of a recovery in the footwear retail sector. Despite mirroring last year’s trend, sales are consistently lower than in 2023, and footwear imports continue their downward trajectory. This may suggest that prices have not yet reached a level where consumers will bite. The truth is that the US economy has made great progress and inflation has eased considerably, but not enough to reassure consumers, who are still uncertain about what will happen next. And when that happens, discretionary items always pay the price
Shoes For Crews Emerges from Chapter 11
The Florida-based slip-resistant footwear brand has completed the sale of substantially all of its assets and emerged from Chapter 11 bankruptcy protection
Deckers announces board approval of six-for-one forward stock split
The owner of the Hoka and Ugg brands has announced that its Board of Directors has approved a six-for-one forward stock split to make its common shares stock more affordable and attractive
Nike rehires former executive to strengthen the wholesale business
Veteran executive Tom Peddie will return to Nike as vice president of marketplace partners. The appointment comes at a time of slowing sales and strained relationships with retail partners
Shoe Carnival issues 49th consecutive quarterly dividend
The US-based footwear retailer has announced that its Board of Directors has approved the payment of a quarterly cash dividend for the 49th consecutive quarter
American Exchange Group acquires footwear brand Island Surf Company
The US-based group has announced the acquisition of the nautically inspired footwear brand Island Surf Company, which will now become a division of White Mountain
OrthoLite expands European hub
The US-based insole manufacturer has announced the expansion its European facility, OrthoLite Europa (OEU), located in Almansa, Spain. The aim is to increase capacity and bring solutions closer to its European partners
Birkenstock share sale raises 756 million USD for L Catterton Group
LVMH-backed private equity firm and a group of Birkenstock employees have raised 756 million USD from the sale of a block of shares in the US-traded company. L Catterton will retain a 73% stake in the footwear brand
New SVP to lead Authentic’s strategy in Japan
The US-based management brand group ABG has appointed Jeff Daggett as Senior Vice President – Head of Japan to strengthen Authentic’s presence and drive growth in the Japanese market
Saks Fifth Avenue owner to acquire Neiman Marcus
HBC, the parent company of Saks Fifth Avenue, has signed a definitive agreement to acquire the Neiman Marcus Group, owner of Neiman Marcus and Bergdorf Goodman, in a deal valued at 2.65 billion USD
Foot Locker relaunches FLX Rewards programme
As part of its Lace Up Plan, the US-based sportswear retailer has launched an enhanced FLX Rewards programme to transform the shopping experience for customers. A revamped mobile app will also follow
Nike loses trademark case against Puma
The US-based sportswear company has suffered a setback in its bid to trademark the capitalised version of the word “footware” for tech-related products after a European Union court backed a complaint by Puma-
Footwear Consumer 2030
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