U.S. Consumer Confidence Drops To Lowest Level Since July
The Conference Board Consumer Confidence Index* decreased in November after losing ground in October. The Index now stands at 100.2 (1985=100), down from 102.2 in...
07 December, 2022
Industry News
Contact Andy Polk at 202-737-5660 for any media or research requests. FDRA has data and insights on issues such as shoe sales, sourcing, sustainability, design development as well as trade and tariff impacts on consumers.
Footwear Industry News Feed
Steve Rendle Retires As VF Corp.’s CEO
VF Corp. reported Chairman, President and CEO Steve Rendle has retired and that Benno Dorer, a lead independent director of VF’s Board, was named interim president and CEO,...
07 December, 2022
Nike Ends Endorsement Deal With Kyrie Irving
Nike ended its endorsement deal with Brooklyn Nets star Kyrie Irving. The move comes a month after Irving shared a link on Twitter to a...
07 December, 2022
Foot Locker Makes Leadership Changes
Foot Locker, Inc. named Frank Bracken EVP and chief commercial officer and hired Elliott Rodgers as chief operations officer as part of a corporate move to support growth and...
30 November, 2022
Online Shoppers Spend Record $11.3B On Cyber Monday
According to Adobe Analytics*, online sales on Cyber Monday reached $11.3 billion, up 5.8 percent year-over-year growth, representing the biggest online shopping day. The spending spree,...
30 November, 2022
Black Friday Online Sales Hit Record $9.12 Billion
U.S. shoppers spent a record $9.12 billion online this Black Friday, according to Adobe Analytics, which tracks sales on retailers’ websites. That’s a 2.3 percent...
30 November, 2022
Nike Opens First Nike Rise Location In North America
Nike opened Nike Aventura in Miami, FL. It is the first Nike Rise store in the U.S. and “signals the next stage of our retail...
22 November, 2022
Genesco Appoints Board Members
Genesco, Inc. appointed two independent directors, Matthew M. Bilunas, chief financial officer, Best Buy Co., Inc., and Carolyn Bojanowski, executive vice president of merchandising, Sephora USA, to...
22 November, 2022
Caleres’ Q3 Tops Wall Street Targets
Caleres continued its strong performance in the third quarter, reaching record quarterly sales and delivering another period of solid earnings. Sales grew 1.8 percent as...
22 November, 2022
OrthoLite Cirql Names Sales Director, Ho Chi Minh City, Vietnam
OrthoLite hired Juan Cutina as sales director for OrthoLite Cirql, headquartered in Vietnam, where Cutina is based. He joins the company with more than a decade of...
22 November, 2022
Fila Resets Innovation And Design Teams In Reorganization
Fila Holdings Corp. announced reorganizing its global teams to support the establishment of its Futura Innovation Team, focused on innovation and sustainability, and itsDesign Team,...
22 November, 2022
Record 166.3 Million Shoppers Expected During Thanksgiving Weekend
An estimated 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, according to the annual survey released by the...
22 November, 2022
ICSC: Consumer Spending Expected To Reach $125B On Thanksgiving Weekend
Consumers are approaching this Black Friday holiday shopping weekend with optimism, noted ICSC Thanksgiving Weekend Intentions Survey* which found that consumers plan to spend $125...
22 November, 2022
Footwear Companies Are Stepping Up With Big Investments in Nevada
In the past year, several new distribution center projects have been announced in Nevada by companies within the footwear industry. Significant announcements include projects by Crocs(730,000...
21 November, 2022
Shoe Carnival Sees Continued Strong Growth Versus Pre-Pandemic Levels
Shoe Carnival Inc. reported sales were down 4 percent year-over-year in the third quarter ended October 29 but they marked the second highest quarterly result...
17 November, 2022