Author: Andy Polk

October is one of the smallest and least important months of the year for athletic footwear sales in the U.S. For the most part, October is a clearance month, cleaning up after back-to-school and transitioning to the holiday season....

Caleres Inc. reported consolidated sales of $774.7 million in the third quarter were up 5.8 percent, including Allen Edmonds. Famous Footwear total sales of $473.1 million were up 1.1 percent, while back-to-school same-store-sales were up 2.6 percent and third quarter same-store-sales were up 0.9 percent....

“The brand has never been stronger, so we feel the timing is right to establish a footwear division that aligns with what we’re doing with our specialty apparel,” Don Burton, Hanes’ director of licensing, told Footwear News. Retail prices will exceed $100....