According to global information company The NPD Group, the US retail sales of fashion footwear, which includes all footwear except athletic footwear, generated revenue of $41.52 billion, a 4 percent increase over the flat growth experienced in 2012....
Nike's most exciting new product last year wasn't a LeBron James sneaker (although the 11s are pretty sweet). It was an app called Making that helps companies measure the environmental impact of using different materials--which made up approximately 60% of Nike's footprint and spurred the...
"Our priorities for cash are focused on aggressively paying down debt, returning cash to our shareholders via a steady cash dividend, and investing in key brand initiatives for organic growth," said Blake W. Krueger, Chairman and Chief Executive Officer. ...
Net sales for the fourth quarter of 2013 were $450.7 million compared to $395.6 million in the fourth quarter of 2012. Gross profit for the fourth quarter of 2013 was $200.6 million or 44.5 percent of net sales compared to $168.5 million or 42.6 percent...
Victoria Beckham has revealed that she wants to design footwear in a conversation with Parsons' Dean of Fashion, Simon Collins, in New York....
According to a new BDO USA, LLP survey, retail CFOs forecast a 5.1 percent increase in total sales and a 4.8 percent increase in comparable store sales this year, marking a significant increase from the number expressing similar sentiments last year. A majority of CFOs...
Two Ten Footwear Foundation today proudly celebrated its 75th anniversary on the steps of the Massachusetts State House with the presentation of a citation issued by Governor Deval Patrick. The citation recognizes the Foundation’s 75 years of outstanding service to America's footwear community of 250,000...
SKECHERS USA, Inc. (NYSE:SKX), a global leader in lifestyle footwear, today announced that it has won the 2013 Running Design Excellence and Children's Design Excellence awards as part of Footwear Plus magazine's annual Plus Awards. This honor marks SKECHERS' first running award from Footwear Plus,...
Wolverine Worldwide (NYSE: WWW) and its brands have been honored with five Plus Awards, including Company of the Year, a high-profile distinction conferred annually by retailers nationwide. The awards were announced at an event hosted by the Fashion Footwear Association of New York (FFANY) and...
The shoe was released at Nike.com via the Nike store's Twitter account and sold out in 11 minutes. Footwear analyst Matt Powell has said in the past that celebrity-designed shoes typically are released in small quantities -- less than 10,000 pairs and perhaps even half...