World Footwear

United States

Sales of shoe stores in the US down by 56%

Aug 12, 2020 / United States
According to data from the USA Census Bureau and the analysis of the WorldFootwear.com, growth of sales of the shoe stores in the US has been on the red since the beginning of year

Wolverine names Brendan Hoffman as new President

Aug 12, 2020 / United States
The omni-channel retail veteran is joining the Michigan-based company as part of the planned CEO succession transition. Hoffman is also joining Wolverine's Board of Directors

US remains by far the world’s largest importer of footwear

Aug 11, 2020 / World Footwear Yearbook
This is one of the conclusions of the World Footwear 2020 Yearbook, recently published by APICCAPS and containing a deep analysis of the footwear industry in 2019. The publication also contains Country Profiles for 84 markets

Deckers posts increase in net sales

Aug 11, 2020 / United States
The California based company announced first quarter results for the period ended on the 30th of June 2020. Skechers announced its net sales increased by 2.3% in the period

Wolverine with better-than-expected revenue

Aug 7, 2020 / United States
The Michigan-based footwear company has reported revenue down by 38.6% in the second quarter. Despite the negative impact of the COVID-19 pandemic, Wolverine says these results were much stronger than expected

Wolverine declares quarterly dividend

Jul 30, 2020 / United States
The Michigan-based footwear group has announced that its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock

Steve Madden: revenue down by 68.2%

Jul 29, 2020 / United States
The New-York based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced financial results for the second quarter ended on the 30th of June 2020

Joint statement from AAFA, FDRA, NRF, RILA, and USFIA on supply chains and Xinjiang

Jul 28, 2020 / United States
A group of US-based footwear, apparel, retail and fashion industries associations have issued a statement regarding the issues around suspects of forced labour in parts of the supply chain

PVH is splitting from the Heritage Brands division

Jul 27, 2020 / United States
The New-York based group is streamlining its North American operations to better align its business with the evolving North American retail landscape, which has been accelerated by the COVID-19 pandemic

Skechers with recovery on the horizon

Jul 24, 2020 / United States
The US-based footwear giant has announced second quarter results. Sales declined by 42.0% overall. However, Skechers is optimistic with growth in China, improvement in many markets and the jump on ecommerce

Foot Locker implements new organizational structure

Jul 24, 2020 / United States
The footwear giant announced a new organizational structure with several executive changes and senior management promotions implemented. The aim, according to Foot Locker, is to elevate the customer experience

US: Healthy Workplace Tax Credit to go ahead

Jul 23, 2020 / United States
The National Retail Federation welcomed new legislation that would give businesses a tax credit intended to help defer the cost of employee testing, PPE, cleaning and other steps needed to make workplaces safe during the coronavirus pandemic

US: major retailers requiring customers to wear face masks

Jul 23, 2020 / United States
As numbers of daily new cases continue high in the US, many retailers are following the practice advocated by the Centres for Disease Control and Prevention and demanding customers to wear face masks in their premises

Tapestry with interim leadership changes

Jul 22, 2020 / United States
The New York-based house of modern luxury accessories and lifestyle brands, announced that effective immediately, Jide Zeitlin, Chairman and Chief Executive Officer, has resigned from the Company and its Board of Directors for personal reasons

Iconix Brand Group is exploring sale

Jul 21, 2020 / United States
The Board of the Iconix Brand Group has decided to broaden its exploration of strategic alternatives available to the company to enhance shareholder value, including a potential sale
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