United States
Under Armour CEO steps down
The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed
VF Corp announces full year results
The US-based apparel and footwear group has reported revenue growth of 28% over fiscal 2022, reaching 11.8 billion US dollars, as compared to fiscal 2021
Shoe Carnival surpasses pre-pandemic levels
The US-based retailer of footwear and accessories announced that in the first quarter of fiscal 2022 sales grew by 25.1% and EPS by 100 percentage points over the same period of 2019
Tapestry cuts outlook for 2022
Despite reporting a strong third quarter, the owner of Coach, Kate Spade and Stuart Weitzman, lowered its full year outlook, due to pressures related to the resurgence of COVID-19 in Mainland China
Wolverine Worldwide with revenue growth
Despite ongoing supply chain constraints and macro headwinds, the Michigan-based company reported a strong first quarter in 2022, confirming its full year guidance
Christopher Bevans is Eddie Bauer's new Creative Director
Outdoor brand Eddie Bauer appointed Christopher Bevans as its new Creative Director. The DYNE Founder and CFDA member is expected to bring his expertise
Under Armour reports net loss
The company announced unaudited results for its transition quarter ended on the 31st of March. Despite revenue growth, Under Armour posted a net loss of 60 million USD. Footwear sales declined
Foot Locker and adidas sign enhanced partnership
Built around product innovation, elevated experiences and deeper consumer connectivity, the partnership establishes Foot Locker as the lead partner for adidas in the basketball category
Caleres to dedicate 1 million USD to Soles4Souls
The grant is expected to be paid over two years through Charitable Trust Donation, round up campaign and product donation to support 4EveryKid Program. The aim is to help provide shoes for homeless children
US: nearly half of consumers to spend less in footwear
A national survey made amongst US shoppers found that almost half (48%) of footwear consumers is planning to spend less on footwear this spring than last year
Crocs raises full year outlook
The US-based company reported revenue growth of 44% in the first quarter of 2022 over the same period of 2021. Fuelled by "strong consumer demand", Crocs raised its guidance
Timberland launches first full circular shoe
In addition to unveiling the first footwear model, Timberloop Trekker City Hiker, designed for full circularity, the brand is expanding its product take-back programme into some European markets
ABG appoints Reebok International EVP
To lead the international expansion of Reebok, the global brand development, marketing and entertainment company named Steve Robaire to the role of EVP for Reebok International
Columbia Sportswear announces sales increase
The US-based sportswear company reported growth across all brands in the first quarter of fiscal 2022. Revenue for the period totalled 761.5 million US dollars
Nike and Rtfkt studio release first digital sneakers
The collection of eight co-branded digital sneakers, dubbed Nike Cryptokicks, is modelled after the Nike Dunk sneaker and signs the brand’s entrance into digital clothing-
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