United States
Genesco: sale of struggling Lids for 100 million US dollars
The Nashville-based group has announced it reached an agreement to sell Lids Sports Group. Payment in cash to amount to 100 million US dollars
VF appoints new Vans Head for Europe
VF Corporation, a branded lifestyle apparel, footwear and accessories, appointed Stefano Saccone to the position of Vice President, General Manager of Vans, EMEA. Saccone will lead the brand and its business across the EMEA region from the 1st of April 2019 onwards
Top line momentum for DSW
The Ohio-based designer, producer and retailer of footwear and accessories, announced financial results for the three months period ended on the 3rd of November. Total revenue increased by 17.2% in the period
Farfetch acquires Stadium Goods
With this acquisition of the sneaker and streetwear marketplace, Stadium Goods, Farfetch will expand its offering in the premier sneaker and streetwear category, which is part of the fast-growing premium sportswear market
American footwear industry applauds trade war ceasefire
The Footwear Distributors & Retailers of America (FDRA) applauded the move by the Trump administration to suspend new trade tariffs
Genesco with record sales increase
The Tennessee-based retailer giant announced the highest gain in more than two years. Company narrowed fiscal 2019 guidance range and reiterates mid-point
FFANY appoints Executive Director
The Fashion Footwear Association of New York (FFANY) appointed John Heron as its new Executive Director. This will be effective from 1st January onwards
Saucony appoints Chief Marketing Officer
Saucony, a division of Wolverine Worldwide Inc., announced that Don Lane has been named Chief Marketing Officer, effective immediately
Caleres: strong Famous Footwear sales
The St. Louis-based footwear giant lifted its guidance after a solid third quarter that saw the company get a boost from Famous Footwear. This was also the period where they have announced the acquisition of Vionic
Dick’s Sporting Goods raises guidance
The Pittsburgh-based company raised full-year 2018 earnings per diluted share guidance after reporting strong third quarter results
Cyber Monday with sales record
Adobe's most recent report concluded that on Cyber Monday overall sales reached 7.9 billion US dollars. Sales coming from smartphones hit all-time high with over 2 billion US dollars. The buy online, pickup in-store was up by a record 50%
Deckers raises guidance for the year
The California-based giant focusing in designing, marketing and distributing footwear, apparel and accessories, announced financial results for the second fiscal quarter and updated the financial outlook for the full fiscal year
Columbia with strongest results in its history
The Oregon-based sportswear company reported net income for the third quarter increasing by 14% to 100.2 million US dollars. Sales increased by 6% in the period. Based on this, Columbia Sportswear is updating its outlook for the year
Crocs to reach 100 stores in India
The US-based company famous for its clogs will open four stores in Bengaluru, Chennai, Mumbai and Surat by November
Sale of the Reef brand completed
VF Corporation, a group focused on branded lifestyle apparel, footwear and accessories, announced that it has completed the sale of the Reef brand to The Rockport Group (Rockport)-
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