World Footwear

United States

Founder of Under Armour to take on CEO role once again

Mar 15, 2024 / United States
The US-based company has appointed Kevin Plank as President and CEO, effective from the 1st of April. He will succeed Stephanie Linnartz, who has been in the role for just over a year

Allbirds appoints new CEO amid sales decline

Mar 14, 2024 / United States
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales

Genesco reports full year sales decline

Mar 13, 2024 / United States
Despite a slight improvement in the fourth quarter of fiscal 2024, the company’s full-year net sales were down as compared to the prior year. Genesco expects the market environment to remain challenging in the first half

Foot Locker reports slight improvement in sales as year ends

Mar 13, 2024 / United States
The US-based sportswear retailer reported better-than-expected fourth-quarter results, with sales up by 2.0% on a comparable basis to the same period of 2022

AAFA announces the leadership of its 2024-2025 Board of Directors

Mar 12, 2024 / United States
The American Apparel & Footwear Association (AAFA) has announced the renewal of its Board leadership, as well as the addition of 15 new and re-elected Board members

Allbirds completes two international distributor deals

Mar 12, 2024 / United States
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan

Schuh strengthens executive team

Mar 11, 2024 / United States
The Genesco-owned footwear retailer has appointed Stephanie Legg as Chief Marketing Officer and Justin Lodge as Chief Digital Officer as part of its efforts to attract younger generations

Macy’s announces fourth quarter and fiscal 2023 results

Mar 8, 2024 / United States
The US company has posted a year-on-year decline in sales and profits for both the fourth quarter and full year, but said it’s in a better financial position to continue its modernisation strategy

The Athlete’s Foot reports growth in 2023

Mar 7, 2024 / United States
The speciality footwear and lifestyle retailer has achieved 593 million US dollars in sales in 2023, an increase of 7% as compared to the previous year, amid a challenging retail landscape

Net sales decrease at Rocky Brands

Mar 6, 2024 / United States
The US-based footwear company reported a 9.3% year-over-year decline in net sales in the fourth quarter, a slight improvement from the previous quarter. For the full year, net sales were down by 25.0%

Solid fourth quarter for Steve Madden

Mar 1, 2024 / United States
The New York-based designer and marketer of footwear, accessories and apparel ended its fiscal 2023 with a solid performance, despite a decline in full year revenue and profits

VF-owned Dickies names new vice president of global marketing

Mar 1, 2024 / United States
The US-based workwear brand, owned by VF Corp, has appointed Denise Anderson as its new vice president of global marketing. She joins the brand from Smartwool, also part of the same company

US Retail: it’s all about the prices

Premium ContentFeb 28, 2024 / United States
There are signs that footwear retail sales could rise moderately in the near term, but this will all depend on future price behaviour. On the one hand, the CPI suggests that the risk of renewed price rises is well contained, but on the other hand, retailers continue to manage excess inventories, so their pricing power may not be more evident until 2024. Perhaps better news comes from consumers’ inflation expectations for the next 12 months, as they seem to believe that they will get a break from inflation, which usually leads to more discretionary demand

Aldo to produce bags and leather goods for ABG-owned Hunter brand

Feb 28, 2024 / United States
The Canadian footwear company has signed another licensing agreement with Authentic Brands Group (ABG) to design, manufacture and distribute Hunter bags and small leather goods in the US and Canada

Wolverine Worldwide ends 2023 in the red but is optimistic about a turnaround

Feb 23, 2024 / United States
The company posted a revenue decline of 20.8% year-over-year and a diluted loss per share of 1.15 US dollars in the fourth quarter of 2023, but is optimistic about the outcome of its turnaround plan
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