Deloitte Predicts Modest Holiday Gains
Holiday retail sales are likely to increase between 1 percent and 1.5 percent, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail...
24 September, 2020
News & Media
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Footwear Industry News Feed
Nike Develops Coaching Girls Guide
Nike has partnered with We Coach, an organization that embraces recruitment, advancement and retention of women coaches in sports, on a new Made...
24 September, 2020
Asics Supports Tennis Coaching Community With Virtual Academy
Asics EMEA announced the launch of the Asics Tennis Academy, a virtual community platform that gives tennis coaches access to advice and training...
24 September, 2020
Robert Gore, Inventor of Gore-Tex, Passes Away
Robert W. “Bob” Gore, chairman emeritus of the board of directors of W. L. Gore & Associates and the inventor of Gore-Tex outerwear,...
24 September, 2020
Nike’s Q1 Earnings Blow Past Estimates
Nike Inc. reported sales were down 1 percent in the first quarter ended August 31 but topped Wall Street’s targets as digital growth...
24 September, 2020
Goat Group Raises $100 Million To Further Accelerate Growth
Goat Group, the online marketplace for sneakerheads, closed a Series E funding round of $100 million from D1 Capital Partners. Founded in 2015 as...
24 September, 2020
StockX Co-Founder Josh Luber To Exit Company
Josh Luber, the co-founder of StockX, is leaving the company a little over a year after he stepped down as CEO. The June 2019...
17 September, 2020
Puma Signs Neymar
Puma has signed Neymar to an endorsement deal. In late August, Nike announced it had parted ways with Brazilian star forward Neymar a decade...
17 September, 2020
Crocs Appoints President
Crocs Inc. announced that Michelle Poole has been appointed as president, Crocs, Inc. effective September 10, 2020. She will continue to report to...
17 September, 2020
Simon Will Not Open Properties On Thanksgiving Day
Simon Property Group, one of the largest mall operators in the country, announced it will not open its properties on Thanksgiving Day. “In these...
17 September, 2020
Swiss Running Brand ‘On’ Launches Sustainable Subscription Service
Swiss-based running brand, On, announced the launch of its subscription-based service to support recyclable sportswear to On customers worldwide. The subscription service, named Cyclon,...
17 September, 2020
VF Releases 2020 VF Global Inclusion And Diversity Annual Profile
VF Corp. released the second edition of its VF Global Inclusion & Diversity Annual Profile. The report is public for the first time....
17 September, 2020
Fleet Feet Launches Fit Id. Personalized Footwear Experience
Fleet Feet announced the launch of integrated dynamic pressure mapping as part of the brand’s in-store outfitting experience, fit id. The integration, which includes...
17 September, 2020
Nordstrom Appoints Men’s Fashion, Editorial Director
Nordstrom has appointed Jian DeLeon, former editorial director of Highsnobiety, as men’s fashion editorial director. “He will l report to Red Godfrey, vice president...
10 September, 2020
Adidas Places Two Bonds In The Amount Of $1 Billion
Adidas successfully placed two bonds in an amount of €1 billion in total. The 4-year bond of €500 million matures in September 2024...
10 September, 2020
Pentland Brands Promotes Chirag Patel To CEO; Makes Executive Team Changes
Pentland Brands Limited announced changes to its executive team. The changes include Chirag Patel becoming chief executive officer, having previously served as deputy...
10 September, 2020
VF Corp. x Timberland Collaborate With Redress
VF Corporation, together with its Timberland brand, announced a collaboration with Redress for the Redress Design Award 2020. Through the collaboration, VF and the...
10 September, 2020
Under Armour Announces Thanksgiving Store Closures
Under Armour, Inc. announced plans to close all UA Brand House and UA Factory House retail locations in the United States for Thanksgiving...
10 September, 2020
Report: JCPenney Finds Rescue Deal With Simon Property And Brookfield
Mall owners Simon Property and Brookfield Property Partners have reached an agreement in principle to acquire JC Penney out of bankruptcy proceedings in...
10 September, 2020
Walmart To Sell Shoes.com To CriticalPoint Capital
Walmart has agreed to sell Shoes.com to CriticalPoint Capital, the Los Angeles based private investment firm and owner of JackRabbit and Olympia Sports,...
03 September, 2020
Yeezy Executive To Exit Adidas
Jon Wexler, VP/GM of Yeezy, will leave Adidas on August 31. In an internal memo to staff obtained by WWD, Adidas wrote, “We regret...
03 September, 2020
J.C. Penney Sale Talks Reach ‘Stalemate,’ Raising Threat Of Liquidation
J.C. Penney’s discussions with potential acquirers of the company have hit a “stalemate” and the bankrupt retailer’s top lenders are considering making a...
03 September, 2020
Toms COVID-19 Global Giving Fund Generates $2 Million
Toms, the company that designs and markets shoes as well as eyewear, coffee, apparel, and handbags, based in Los Angeles, CA, generated a...
03 September, 2020
John Donahoe Sees COVID-19 Response Showcasing Nike’s Strengths
In his first shareholder letter since taking over as Nike’s CEO and president in January, John Donahoe wrote that COVID-19 “offered a stress-test”...
03 September, 2020
Timberland Elevates Sustainability Goals
Timberland announced a goal for its products to have a net positive impact on nature by 2030. The goal includes having all products...
03 September, 2020