World Footwear

United States

Macy's concludes internal investigation and reports results

Dec 20, 2024 / United States
The US-based company delayed the announcement of its third quarter results due to deliberate accounting errors. Macy's assured stakeholders of limited financial impact and declared stricter controls

Shoe Carnival strengthens returns to shareholders

Dec 20, 2024 / United States
The US footwear retailer announced a quarterly dividend and a new stock repurchase program, leveraging cash reserves to support stock performance and corporate initiatives

Under Armour unveils four-pillar growth strategy

Dec 18, 2024 / United States
The Baltimore-based company has outlined a four-pillar growth strategy focused on product, story, service and team to realise its long term potential. The outlook for the current fiscal year remains unchanged

Cirql unveils new biodegradable midsole solution

Dec 16, 2024 / United States
OrthoLite subsidiary Cirql launched Cirql Zero, a midsole that meets compostability standards, providing an alternative to traditional materials with wide manufacturing adaptability

Genesco reports sales growth in the third quarter

Dec 12, 2024 / United States
The US-based company positively adjusted its 2025 guidance, driven by solid e-commerce growth, improved consumer experiences and robust sales momentum at Journeys during the third quarter

Caleres lowers full year outlook

Dec 12, 2024 / United States
The US-based footwear company has lowered its full year outlook after a weaker-than-expected third quarter, citing weaker seasonal demand for boots, supply chain issues and a specific customer credit problem

Another quarterly decline in net sales for Designer Brands

Dec 11, 2024 / United States
The US-based footwear retailer has reported a 2.6% year-over-year decline in third quarter net sales, as unseasonably warm weather and continued macroeconomic uncertainty weighed on consumer spending

Merrell appoints Noreen Naroo-Pucci as Chief Product Officer

Dec 11, 2024 / United States
The brand has appointed Noreen Naroo-Pucci as Chief Product Officer, as part of its strategy to meet the growing demand for footwear that transitions from outdoor adventure to everyday life

Wolverine Worldwide's Work Group appoints new Chief Product Officer

Dec 6, 2024 / United States
Mike Maloney, with two decades in the footwear industry, will lead product innovation, merchandising and marketing strategy for the Work Group's diverse brand portfolio, including Wolverine Worldwide

Skechers' BOBS initiative reaches major charitable milestone

Dec 6, 2024 / United States
The US-based company surpassed 12 million US dollars in donations through the sales of BOBS products, which has helped over 2.2 million shelter pets across the US, Canada, the UK and Japan

ThredUp divests its European business

Dec 6, 2024 / United States
The US-based online platform has sold European business Remix in a management buyout, enabling both companies to prioritise market strengths and drive targeted growth under separate leadership

Foot Locker stumbles in the third quarter

Dec 5, 2024 / United States
The US-based sports retailer has stumbled again in the third quarter of its fiscal year, as total sales fell after the peak of the back-to-school season amid a heightened promotional environment

E-commerce led the way on US Black Friday

Dec 4, 2024 / United States
US retail sales were up by 3.4% on Black Friday compared to the same day last year, according to Mastercard SpendingPulse, driven by a significant 14.6% increase in online sales

Mango reaches US expansion goals ahead of schedule

Dec 4, 2024 / Spain
The Spanish fashion group has reached its goal of having 40 of its stores in the US by the end of 2024 ahead of schedule and even plans to surpass it with 42 stores open by the end of the year

Nike promotes Treasure Heinle to Chief Human Resources Officer

Dec 3, 2024 / United States
The sportswear giant has announced that Treasure Heinle, currently Chief Talent Officer, will succeed Monique Matheson as Chief Human Resources Officer. Matheson will retire after 26 years with Nike
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