Nordstrom Takes Stake In Asos Brands, Including Topshop
Nordstrom and Asos announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge, and HIIT brands. This investment will help...
15 July, 2021
News & Media
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.
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Footwear Industry News Feed
Keen Opens Factory In Dominican Republic
Keen Inc. announced the opening of a company-owned factory, in the Dominican Republic—Keen Dominican Republic (KDR)— with 55,000-square-feet of manufacturing space. The factory, located...
15 July, 2021
JD Sports Transfers Ownership Of DTLR Villa To Unit In U.S. Push
JD Sports Fashion has transferred the ownership of Baltimore-based retailer DTLR Villa to its U.S. unit to align all its businesses under one...
15 July, 2021
Vietnam Operations Of Footwear Giant Pou Chen Hit By COVID
Taiwan’s Pou Chen Corp., which makes footwear for Nike, Adidas and other athletic footwear companies, suspended operations at its plant in Ho Chi...
15 July, 2021
PacSun Enters Sneaker Resale Business
Pacific Sunwear of California has launched into the sneaker resale market with PS Reserve. The online shop accessible through its website offers a mix...
08 July, 2021
Brooks Sets Goal For Zero Carbon Emissions By 2040
Brooks Running outlined its 2030 planet strategy that includes a commitment to achieve net-zero carbon emissions by 2040. “At Brooks, we think that climate...
01 July, 2021
Timberland Partners With ReCircled
Timberland has partnered with ReCircled to support the upcoming launch of its global product take-back program. The program will support Timberland’s circular design and...
01 July, 2021
Designer Brands Makes Exec Changes To Further Support Camuto Group’s Integration
Designer Brands Inc. said that in addition to her ongoing role as vice chairman, Debbie Ferrée has been named president of Camuto Group,...
24 June, 2021
Wolverine Worldwide Names Blake Krueger’s Year-End Successor As CEO
Wolverine World Wide Inc. has named Brendan Hoffman, currently company president and a member of WWW’s Board of Directors, to succeed Blake Krueger,...
24 June, 2021
Goat Group Valuation More Than Doubles To $3.7 Billion in Latest Funding Round
Goat Group has closed a Series F funding round of $195 million, reaching a valuation of $3.7 billion, more than double its prior...
24 June, 2021
Aetrex Makes Advanced 3D Foot Scanning Technology Affordable for All Retailers with Launch of Albert 3DFit
Aetrex Makes Advanced 3D Foot Scanning Technology Affordable for All Retailers with Launch of Albert 3DFit Provides state-of-the-art 3D scanning and accurate footwear recommendations...
17 June, 2021
Footwear Industry Charitable Foundation Rallies with Renewed Efforts for Renowned Fundraising Event and Expansion of Board Leadership
Footwear Industry Charitable Foundation Rallies with Renewed Efforts for Renowned Fundraising Event and Expansion of Board Leadership QVC®, a Leader in Multiplatform Video Livestreaming,...
16 June, 2021
Volumental Unveils Revolutionary Mobile 3D Foot Scanning Solution
Next layer of FitTech™ solution addresses footwear industry’s broken e-commerce model June 10, 2021, Stockholm – Volumental, a technology company that helps the world’s...
10 June, 2021
Crocs Files Complaint Over Trademark-Infringing Products
Crocs Inc. has filed a complaint with the United States International Trade Commission (ITC) seeking an investigation of unlawfully imported shoes into the...
10 June, 2021
Pandemic’s Impact On Imports Easing, But Numbers Are Still Below Last Year
The impact of COVID-19 at major U.S. retail container ports appears to be easing with projected imports remaining below last year’s levels but...
10 June, 2021
As June FFANY Week Arrives, Industry Looks to August for In-Person Return
As we put Memorial Day in the rear view mirror, school ending and summer starting dominate normal conversation, but as June begins another...
03 June, 2021
Famous Footwear Delivers Record Earnings And Sales
Caleres reported earnings and sales that exceeded Wall Street estimates as Famous Footwear achieved record quarterly earnings and delivered record first-quarter sales levels....
03 June, 2021
New FDRA Chairman and Leadership Team Take Office – Focused on Strengthening the $100B Footwear Industry Post COVID Pandemic
FOR IMMEDIATE RELEASE June 2, 2021 Contact: Andy Polk apolk@fdra.org 202-744-7453 Washington, DC — The Footwear Distributors and Retailers of America (FDRA) today announced the start of a...
02 June, 2021
Six Smart Takeaways from the First Industry-Wide Shoe Consumer Sustainability Survey
For Immediate Release – May 27, 2021 (Washington, D.C. and Pittsburgh, PA – May 27, 2021) - The Footwear Distributers and Retailers of America...
27 May, 2021
Study Finds 28 Percent Of Runners Started During The Pandemic
A study from RunRepeat found that 28.76 percent of runners started with the activity during the pandemic. The organization surveyed 3,961 current runners to...
27 May, 2021
Foot Locker Blasts Past Earnings Forecast Amid Soaring Sales
Foot Locker Inc. reported earnings and sales that came in well above pandemic-impacted year-ago levels as well as easily ahead of Wall Street’s...
27 May, 2021
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
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