Yue Yuen’s Sales In September Slump On Factory Shutdowns
Yue Yuen’s consolidated operating revenue in September fell 23.7 percent to $541.6 million from $710.2 million in the same month a year ago....
14 October, 2021
News & Media
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Footwear Industry News Feed
U.S. Shoppers To Show “Generosity Of Spirit” This Holiday Season, Accenture Survey Finds
Americans are looking forward to the holiday season this year, with many planning to spend the same or more compared with last year...
14 October, 2021
REI To Hold #OptOutside For Seventh Year
“As the last year and a half has continued to challenge us all, #OptOutside is a reminder of the importance of community and...
07 October, 2021
Macy’s Appoints Board Members
Macy’s Inc. announced the appointment of Ashley Buchanan, chief executive officer of The Michaels Companies, and Tracey Zhen, president of Zipcar, to its...
07 October, 2021
PacSun To Accept Cryptocurrency
“With digital sales doubling since last year, we understand the continued importance of creating an exceptional online shopping experience for our customers,” said...
07 October, 2021
Caleres Names Senior Vice President, Customer Marketing
Suzy Cirulis has joined Caleres as senior vice president, customer marketing. In this role, she will lead the company’s customer marketing efforts across...
07 October, 2021
Adidas Launches Resale Program
Adidas has introduced a Choose to Give Back resale program. Consumers can send used products to Adidas from any brand through its Creator’s...
07 October, 2021
Puma’s CEO Sees Potential To Double Revenues
In an interview with the German-language Handelsblatt newspaper, Bjorn Gulden, Puma’s chief executive, said the sports brand has the potential to double its...
30 September, 2021
Authentic Brands Group Appoints Footwear Unlimited As New Frye Footwear Partner
Authentic Brands Group (ABG) announced the transition of its footwear license for Frye to Footwear Unlimited. Through the long-term partnership, Footwear Unlimited will...
30 September, 2021
Foot Locker Completes Acquisition Of WSS
Foot Locker Inc. announced that it has completed its acquisition of Eurostar, Inc., the parent of the WSS chain, for $750 million in...
23 September, 2021
Nike Named World’s Most Marketable Brand In Sport For 2021
Nike again earned the top spot in SportsPro’s second annual list of the World’s 50 Most Marketable (50MM) Brands powered by Hookit. Adidas came...
23 September, 2021
Retail Imports Remain Strong But Growth Slows As COVID-19 Disruptions Continue
Double-digit growth in imports at the nation’s largest retail container ports is slipping to single digits as pandemic-related supply chain disruptions worldwide continue,...
16 September, 2021
Crocs Sets Goal To Reach $5 Billion In Sales By 2026
Crocs Inc. unveiled a five-year growth framework aimed at achieving $5 billion in revenues by 2026, more than triple revenues of $1.4 billion...
16 September, 2021
On Running Sets Pricing Terms For IPO
On Holding AG, the Swiss running brand, estimates it will raise net proceeds of approximately $448.6 million after underwriting expenses from its initial...
09 September, 2021
Eagle Creek Sold To Travis Campbell
VF Corp announced that it has sold Eagle Creek to Travis Campbell, the former president of emerging brands at VF. The sale comes...
09 September, 2021
Shoe Carnival’s Earnings Surge In Second Quarter
Shoe Carnival Inc. reported earnings in the second quarter ended July 31 increased four-fold as same-store sales grew 11.4 percent. Results came in...
02 September, 2021
Nike Aims To Reduce Carbon Footprint
Nike is exploring the use of AirCarbon, a carbon-negative biomaterial produced by microorganisms from the ocean through a partnership with Newlight Technologies. AirCarbon is...
02 September, 2021
Nordstrom Raises Revenue Forecast As Sales Revive
Nordstrom Inc. raised its guidance for the year after reporting second-quarter results that topped expectations. Nordstrom said the results reflected a continued broad-based improvement...
26 August, 2021
Nike Partners With Newlight Technologies To Reduce Carbon Footprint
Newlight Technologies announced a partnership with Nike to explore the use of AirCarbon, a carbon-negative biomaterial produced by microorganisms from the ocean. AirCarbon is...
26 August, 2021
Nike Opens Rise Store Concept In Seoul
Nike is expanding its tech-driven Rise concept to Seoul, Korea. The opening follows the launch of its first Rise retail concept store in...
19 August, 2021
July Retail Sales Slow Amid Tight Supply Chain
Retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending...
19 August, 2021
Jordan Footwear VP To Retire
Gentry Humphrey has announced his retirement from Nike Inc., according to a Complex report. He most recently served as the VP of Footwear for...
12 August, 2021
Salomon Appoints New President
Amer Sports Corp. announced the planned appointment of Franco Fogliato as president and CEO of Salomon. The appointment will be effective no later...
12 August, 2021
Retail Cargo Expected To Set Record In August
Imports at the nation’s largest retail container ports should hit another record in August as consumer demand continues to stretch supply chains and...
12 August, 2021
Foot Locker Accelerates Asia-Pacific Expansion With Acquisition Of Atmos
Foot Locker Inc. announced it has entered into a definitive agreement to acquire Text Trading company, K.K., which owns and licenses the Atmos...
05 August, 2021