Adidas Group reported its combined sales in Germany, Austria and Switzerland hit the €1 billion mark for the first time in 2014. The company provided the results ahead of the international sporting goods fair ISPO, which begins in Munich on Thursday....
From a global perspective, China is the largest manufacturer of footwear in the world and supplies 80 percent of all footwear to the U.S. Vietnam is a distant second at 10 percent of the U.S. market, but is growing. Of the 12 nations involved in...
Under Armour acquired Endomondo and MyFitnessPal. These acquisitions, which supplement UA's existing MapMyFitness and UA RECORD suite of applications, will further enable the brand to provide unparalleled health and fitness data and insight, in support of its universal mission to make all athletes better....
Under Armour Inc. reported net revenues increased 31 percent in the fourth quarter to $895 million for the period ended Dec. 31, 2014, compared with net revenues of $683 million in the prior year's period. Sales grew 30 percent in apparel, 55 percent in...
Nike introduced what many consider its first shoe aimed at CrossFit athletes. The Nike MetCon 1 is designed to "support workouts through the highest levels of competition," including activities such as weight lifting, rope climbing as well as running, cutting and jumping....
Findings from a national consumer study by Market Force Information revealed that revealed that Foot Locker was American consumers’ favorite shoe retailer, followed by Skechers, Nike, DSW and Famous Footwear....
Brown Shoe Company named Kenneth Hannah to replace Russ Hammer as senior vice president and chief financial officer effective Feb. 16. “I’m looking forward to joining Brown Shoe Company, as they continue to grow and evolve,” said Hannah. “There is a great deal of opportunity...
Two Ten Footwear Foundation, the national charitable foundation serving the footwear industry, today announced that Amazon Fashion will return as the Title Sponsor for Footwear Cares 2015, the Foundation’s national community service program that brings the footwear industry together through volunteerism....
Adidas announced the launch of Adidas Confirmed, a first-of-its-kind sneaker reservation app that will change the way the industry goes to market by simplifying the reservation process and putting the consumer first. ...
Aerosoles hired Jonathan Victor as vice president of international sales & licensing reporting directly to CEO, Jules Schneider. Victor will manage the strategic direction, ongoing expansion and operations of Aerosoles retail and wholesale business globally. ...