CBP And Nike Inc. Partner To Fight Counterfeits
The U.S. Customs and Border Protection (CBP) announced a new formal partnership arrangement with Nike Inc. as part of the Donations Acceptance Program....
27 May, 2021
News & Media
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Footwear Industry News Feed
Wolverine Worldwide Announces International And Sperry Leadership Appointments
Wolverine World Wide Inc. (WWW) announced the promotion of Isabel Soriano as President of International and the appointment of Katherine Cousins as global...
27 May, 2021
VF Corp. Launches New Innovation Pillar
VF Corp. announced its launch of Venture Platforms, an innovation pillar that will focus on identifying and investing in new, future-focused opportunities. Venture Platforms...
27 May, 2021
Target’s Q1 Comps Jump 23 Percent
Target reported first-quarter GAAP earnings per share (EPS) of $4.17, up 643.2 percent from $0.56 in 2020. First-quarter Adjusted EPS of $3.69, which...
21 May, 2021
Macy’s Posts Surprise Profit
“In our first quarter we outperformed sales expectations across all three of our brands: Macy’s, Bloomingdale’s and Bluemercury. We built on our momentum...
21 May, 2021
Fila USA’s Q1 Sales Climb 25 Percent
At the Fila USA segment, sales rose to KRW132,284 million ($117 mm) from KRW106,149 million in the year-ago quarter. The segment includes Fila...
21 May, 2021
Shoe Carnival Sees Record First Quarter Profits
Shoe Carnival Inc. reported earnings in the quarter ended January 30 came in significantly higher than Wall Street’s targets as sales more than...
21 May, 2021
Ross Stores Sees 17 Percent Q1 Gain
Ross Stores Inc. reported earnings per share for the 13 weeks ended May 1, 2021 grew 17 percent to $1.34 on net income...
21 May, 2021
Report: Authentic Brands Group Makes $1 Billion Bid For Reebok
Authentic Brands Group (ABG) last week submitted an offer of around $1 billion to acquire Reebok from Adidas, according to the New York...
18 May, 2021
Wolverine Worldwide Raises Full-Year Outlook On Strong First-Quarter Results
Wolverine World Wide Inc. lifted its annual guidance after reporting adjusted earnings grew 45 percent in the first quarter on a 16 percent...
13 May, 2021
Adidas Supervisory Board Extends Appointment Of Martin Shankland
Adidas’ Supervisory Board extended the appointment of Executive Board member Martin Shankland, responsible for Global Operations, by five years beyond 2022 until 2027. Martin...
13 May, 2021
Asics Sees Q1 Sales Climb 25 Percent
Asics Corporation reported sales rose 24.8 percent in the first quarter. Sales in the North America region rose 20.1 percent on e-commerce gains...
13 May, 2021
Puma Appoints New CFO And Chief Commercial Officer
Puma has appointed Hubert Hinterseher as its new chief financial officer and Arne Freundt as its new chief commercial officer starting June 1. Hinterseher has...
06 May, 2021
Adidas Launches Auction For Reebok
Adidas has launched the auction to sell its Reebok brand with the first round of bids to be submitted next week, according to...
06 May, 2021
Report: Allbirds Exploring IPO
Allbirds, the San Francisco-based casual footwear and sneaker maker, is in the process of interviewing banks in preparation for an initial public offering...
29 April, 2021
Heelys Sold To BBC International
Sequential Brands Group Inc. announced that it has closed on the sale of its Heelys brand to BBC International for $11 million in...
29 April, 2021
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
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