World Footwear

United States

Crocs: record revenue in 2020

Feb 24, 2021 / United States
The brand known for its clogs just posted the highest quarterly revenue in its history. Record 2020 revenue of 1.4 billion US dollars increased 12.6% over last year. Digital sales grew 50.2% in 2020 to represent 41.5% of revenue

Deckers with first billion-dollar revenue quarter

Feb 22, 2021 / United States
Strong direct to consumer and ecommerce performance have pushed Deckers to a record quarter with its first time billion-dollar quarter revenue

Skechers donates 6 million US dollars to save dogs and cats

Feb 18, 2021 / United States
Through sales of its BOBS from Skechers collection, the sportswear giant has helped save and support more than one million shelter dogs and cats in the United States and Canada

Under Armour with 15% decline in 2020 revenue

Feb 16, 2021 / United States
The Baltimore-based announced unaudited financial results for the fourth quarter and fiscal year ended on the 31st of December 2020. Revenue was down by 15% in 2020 and by 3% in the last quarter

Revenue down by 14.1% at Wolverine

Feb 16, 2021 / United States
The Michigan-based footwear giant has announced third quarter revenue down by a two digits rate. E-commerce revenue grew by 56.4% in the period. Management expects return to meaningful growth to take place in the first quarter of FY 2021

Amazon announces year end results and CEO transition

Feb 15, 2021 / United States
The ecommerce giant announced its financial results for the fourth quarter and year ended on the 31st of December 2020. Founder and CEO Jeff Bezos will transition to the role of Executive Chair and Andy Jassy will become Chief Executive Officer

Designer Brands: net sales down by 30.1%

Feb 15, 2021 / United States
The Ohio-based company announced financial results for the three months ended on the 31st of October 2021. Net sales decreased by 30.1% to 652.9 million US dollars in the third quarter of fiscal 2020 compared to the same period last year

Revenue and earnings exceed expectations at Capri

Feb 12, 2021 / United States
The London-based group has announced third quarter results marked by a decline in revenue (-17.1%) and in earnings (-14.8%). Notwithstanding, Capri said they are encouraged by earnings meaningfully higher than anticipated

Nike's revenue up by 9%

Feb 11, 2021 / United States
The Oregon-based sportswear giant has announced financial results for its second quarter ended on the 30th of November 2020. Revenue of the group in the period went up by 9%

Deckers with two digits increase in sales

Feb 10, 2021 / United States
The California-based company has announced third quarter results marked by a net sales increase of 14.8%. UGG and HOKA ONE ONE had increasing sales, while sales for Teva, Sanuk and Other Brands went down in the period

Skechers: sales down by 11.9% in 2020

Feb 9, 2021 / United States
The California-based footwear giant has announced fourth quarter and full year results for the period ended on the 31st of December 2020. Despite yearly sales declined by 11.9%, fourth quarter sales decreased by only 0.5%

Shoe Carnival announces preliminary sales with 5.8% growth

Feb 9, 2021 / United States
The Indiana-based footwear retailer announced preliminary results for the fourth quarter of fiscal year 2020. The company is now expecting to report net sales increasing to approximately 253.9 million US dollars (239.9 million US dollars in Q4 2019)

US Retail: footwear retail sales still below the 2018 average

Premium ContentFeb 8, 2021 / United States
No matter the seasonal hike in December, with flat retail sales of footwear since June 2020 and 20% lower than the 2018 average, the 1st quarter of 2021 will hardly beat this baseline. Even if one considers the hike in ecommerce, perspectives are not great. On top of that low consumer confidence and uncertainty regarding a full return of shoppers to the high street, add to the gloomy picture of retail in the US

Nike GO FlyEase: the hands-free shoe

Feb 8, 2021 / United States
The US-based sportswear giant caused a stir on social media last week with a video presentation of the new Nike GO FlyEase. The latest model presented by Nike is a hands-free shoe

US: steepest contraction in footwear consumption in 60 years

Premium ContentFeb 5, 2021 / United States
The US, one of the largest footwear markets, is the country registering more positive cases of COVID-19 since the outbreak of the pandemic. We have spoken with Matt Priest, President & CEO of the FDRA, the local footwear association, about the current situation in the country
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