Under Armour Downsizes Port Covington Headquarters Plan
Under Armour announced plans to redevelop its waterfront land in South Baltimore’s Port Covington as a global headquarters by 2025. Under Armour described...
22 April, 2021
News & Media
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Footwear Industry News Feed
The North Face Announces Environmental Commitments
In honor of Earth Day, The North Face is introducing a new sustainability-focused “vision” it calls “Exploration Without Compromise,” which outlines a series...
22 April, 2021
Vans Commits To Make Core Materials 100 Percent Regenerative, Responsibly Sourced, Renewable Or Recycled By 2030
Vans announced its global commitments to environmental sustainability and responsibility by 2030. The company plans to create circular products and systems that use regenerative and...
22 April, 2021
TOMS Unveils New Look, New Impact Strategy
TOMS Unveils New Look, New Impact Strategy Celebrates 15 Years With Re-Imagined Impact Strategy LOS ANGELES, CA, April 6, 2021 - TOMS®, the original One...
15 April, 2021
Sneaker Reseller StockX’s Valuation Reaches $3.8 Billion In New Funding Round
StockX LLC said it had notched a $3.8 billion valuation by selling $60 million of new stock and letting some employees sell $195...
15 April, 2021
Nike Ranked Most Valuable Apparel Brand For Seventh Consecutive Year
Nike ranked as the world’s most valuable apparel brand for the seventh consecutive year, although the brand value was down 13 percent to...
15 April, 2021
Foot Locker Releases 2019/20 Impact Report
Foot Locker Inc. released its Impact Report, which describes the company’s efforts to advance its environmental, social and governance (ESG) priorities. “As a purpose-driven...
08 April, 2021
U.S. Consumer Confidence Surges To One-Year High
U.S. consumer confidence in March climbed to a one-year high, after a modest increase in February, as Americans grew more upbeat about the...
08 April, 2021
Dick’s SG Announces Grand Opening of ‘Dick’s House of Sport’ And Elevated Golf And Soccer Offerings
Dick’s Sporting Goods will expand its national footprint with the opening of its first Dick’s House of Sport, a new concept store in...
08 April, 2021
Asics Selects Four Startups For Accelerator
Asics selected four startups’ collaboration proposals at its demo day, based on vision and feasibility. The theme for applications for the program was...
31 March, 2021
Report: Nike To Stop Selling To Six Additional Wholesale Accounts
In a note, Williams Trading’s Analyst, Sam Poser, stated that proprietary checks confirm that Nike will close six additional wholesale accounts: DSW, Urban...
31 March, 2021
Report: Chinese Boycott Losing Momentum
A Chinese consumer boycott threat against international brands including Nike and Adidas appeared to be losing momentum over the weekend, according to a...
31 March, 2021
JD Sports Completes Acquisition Of DTLR
JD Sports Fashion Plc said it completed its acquisition of DTLR Villa LLC. Peter Cowgill, executive chairman, JD Sports, said, “We are delighted that this...
25 March, 2021
Shoe Carnival’s Q4 Earnings More Than Double
Shoe Carnival Inc. reported earnings vaulted 114 percent as margins improved and same-store sales ran up 6.4 percent. “Our exceptional results for fiscal year...
25 March, 2021
Nordstrom Launches Livestream Shopping Program
Nordstrom will begin hosting a series of live streaming events, where store employees or brand partners will showcase certain products on video. Customers who...
18 March, 2021
Foot Locker Appoints Creative Director, Women’s Business
Foot Locker announced Melody Ehsani as creative director of its women’s business through content and product development. As creative director, Ehsani will design quarterly...
11 March, 2021
Saks Fifth Avenue Stores And E-Commerce To Become Separate Companies
The Hudson’s Bay Company, owners of Saks Fifth Avenue, signed a deal to sell a minority stake in Saks Fifth Avenue’s e-commerce business...
11 March, 2021
The VF Foundation Issues its First Impact Report
The VF Foundation, the VF Corporation’s philanthropic arm, published its inaugural report outlining the positive impact of its financial grants and charitable partnerships. From...
04 March, 2021
VF Corp. Appoints Global Brand President, Timberland
VF Corporation announced the appointment of Susie Mulder as global brand president, Timberland. Mulder begins in her new role effective April 5 reporting...
04 March, 2021
In Loving Memory of Kirk Krull
It is with great sadness that we announce the sudden passing of our dear friend and colleague Kirk Krull, Vice President of Real...
25 February, 2021
VF Corp. Named One Of The World’s Most Ethical Companies For Fifth Consecutive Year
VF Corporation was recognized by Ethisphere as one of the 2021 World’s Most Ethical Companies. “We’re very proud to be recognized for the fifth...
24 February, 2021
Apex Global Brands To Be Acquired By Galaxy Universal
Apex Global Brands Inc. said it entered into a merger agreement with Galaxy Universal LLC. Apex’s brands include Hi-Tec, Magnum, 50 Peaks, Interceptor,...
18 February, 2021
Inside The Call: Deckers Brands Posts First Billion Dollar Revenue Quarter
Deckers Brands capitalized on its strong brands and a direct-to-consumer (DTC) e-commerce business to post solid results for the fiscal third quarter ended...
11 February, 2021
Nordstrom Outlines “Closer To You” Growth Strategy
Nordstrom Inc. discussed its long-term strategy to generate sustainable shareholder value Thursday at a virtual investor event. The company also reiterated fourth quarter...
11 February, 2021
Mizuno’s Q3 Profits Soar
Mizuno Corp. reported earnings surged in the third quarter ended December 31 as sales grew 8.1 percent. Quarterly results were attained by extrapolating six-month...
11 February, 2021