Holiday Sales Grew 14.1 Percent
Retail sales during 2021’s November/December holiday season grew 14.1 percent over 2020 to $886.7 billion, beating the National Retail Federation’s forecast and setting...
20 January, 2022
Industry News
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Footwear Industry News Feed
Nike And Converse Reach Settlement With Ex-Employee In Custom-Shoe Case
Nike settled a custom-sneaker lawsuit against a former employee and his company in a trademark infringement case, according to World Trademark Review. Nike and...
20 January, 2022
Aerosoles Acquired By American Exchange Group
American Exchange Group, a maker of accessories, announced it had finalized an agreement to acquire the assets of the comfort footwear brand, Aerosoles....
20 January, 2022
JD Sports Raises Outlook On Merry Holiday Results
JD Sports Fashion, which owns Finish Line, DTLR Villa and Shoe Palace in the U.S., on Wednesday, raised its annual profit forecast for...
13 January, 2022
Crocs Raises 2021 Sales Outlook
Crocs Inc. announced it expects record 2021 revenues with approximately 67 percent growth compared to 2020. “2021 proved to be an exceptional year for...
13 January, 2022
Retail Import Growth Levels Out But Volume Remains High
After a year of unprecedented increases, imports at the nation’s major retail container ports are expected to return to normal growth rates in...
13 January, 2022
Mastercard: U.S. Holiday Sales Grew 8.5 percent
According to Mastercard SpendingPulse, holiday retail sales, excluding automotive, increased 8.5 percent year-over-year this holiday season, running from November 1 through December 24....
06 January, 2022
Dr. Martens Sees 24 Percent Currency-Neutral Growth In First Half
Dr. Martens PLC reported sales grew 16 percent in the first half through September 30 and gained 24 percent on a currency-neutral basis. Sales...
06 January, 2022
NRF: Widespread Shutdowns Unlikely Amid Omicron Surge
In a statement, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the COVID-19 Omicron variant brings uncertainty to the economy in 2022...
06 January, 2022
Gildan Activewear Announces Acquisition Of Frontier Yarns
Gildan Activewear Inc. announced that through one of its wholly-owned subsidiaries it has acquired 100 percent of the equity interests of Phoenix Sanford,...
16 December, 2021
Nike Signs First NIL Student-Athlete Deal
Nike has made its first name, image and likeness (NIL) deal with a college athlete, signing UCLA women’s soccer player Reilyn Turner. As part...
16 December, 2021
November Retail Sales Put Holiday Season On Track To Set New Records
Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain...
16 December, 2021
Shoe Carnival Announces Acquisition Of Shoe Station
Shoe Carnival, Inc. announced that it had acquired substantially all of the privately-held, family-owned Shoe Station, Inc., which operates 21 stores in five...
09 December, 2021
DSW’s Parent Sees Strong Sales Bounceback In Third Quarter
Designer Brands reported a profit against a loss in the third quarter ended October 31 as same-store sales improved 40.8 percent year-over-year. The...
09 December, 2021
Arc’teryx Appoints VP Footwear
Arc’teryx Equipment has appointed Ovidio Garcia as VP, footwear, effective immediately. In his new role, Garcia is responsible for leading the brand’s footwear...
09 December, 2021
Ports Keep ‘Container Dwell Fee’ On Hold Until December 13
The ports of Los Angeles and Long Beach, CA announced that consideration of the “Container Dwell Fee” would be held off another week...
09 December, 2021
Sparc To Run U.S. Reebok Operations For Authentic Brands Group
Authentic Brands Group (ABG) signed a long-term strategic partnership with Sparc Group to become the core licensee and operating partner for Reebok in...
02 December, 2021
Puma North America Raises Hourly Wage for Retail Employees
Puma announced that it will raise its minimum wage for Puma North America and Puma Canada retail employees to $15 per hour, effective...
01 December, 2021
Adobe: Black Friday Online Spending Sees Slight Decline
Total online spending on Black Friday was $8.9 billion, down from sales of $9 billion in 2020, according to Adobe Analytics. Results came...
01 December, 2021
EBay Acquires Sneaker Con Authentication Business
EBay, Inc. has agreed to acquire Sneaker Con Digital’s authentication business, a sneaker authenticator with operations in the U.S., UK, Canada, Australia, and...
01 December, 2021
‘Container Dwell Fee’ At West Coast Ports Remains On Hold Until December 6
The Port of Los Angeles and the Port of Long Beach announced a further postponement of the “Container Dwell Fee.” After meetings today...
01 December, 2021
Skechers Creates ‘Our Planet Matters’ Sustainable Collection; Partners With The Nature Conservancy
Skechers announced it has created Our Planet Matters collection of sustainable men’s women’s and kids products using recycled materials. It also announced a...
01 December, 2021
NRF: Nearly 180 Million Shop Over Thanksgiving Holiday Weekend
According to the annual survey released by the National Retail Federation and Prosper Insights & Analytics, nearly 180 million Americans shopped during the...
01 December, 2021
Volumental Delivers the Perfect Fit for Canada Goose as Lifestyle Brand Launches its Footwear Category
STOCKHOLM, November 17, 2021 – Volumental, a technology company that helps the world's top footwear retailers and brands solve fit, improve customer experiences,...
17 November, 2021
Yue Yuen’s Q3 Sales Impacted By Vietnam Factory Shutdowns
Yue Yuen reported a profit against a loss in the nine months ended September 30, 2021. Sales jumped 5.8 percent. Revenue Analysis The Group recorded...
16 November, 2021