United States
Declining sales at Genesco
The Nashville-based footwear, apparel and accessories retailer announced second quarter results. Sales are down from similar period last year and management underlines challenging environment
Wolverine completes debt refinancing
The Michigan-based company announced the completion of its debt refinancing activities, including the amendment of its senior credit facility and the redemption of its 6.125% Senior Notes due 2020
Sales up at DSW
The branded footwear and accessories retailer, announced financial results for the second quarter and first semester. Sales increased by 5% in both periods
Gillian Meek is Ked's new President
Wolverine Worldwide announced the promotion of Gillian Meek to President of Keds, effective from the 12th of September onwards
Crocs encouraged with progress made despite decline in revenue
The company reported decreasing revenue for the quarter (- 6.3% in current currency and -6.2% in constant currency). Net income increased by 21.1% totaling 11.7 million US dollars
Under Armour to open fourth Distribution Center in 2018
A new 1.3 million-square-foot e-commerce distribution and warehouse facility is planned to open in Baltimore County, as part of the Tradepoint Atlantic redevelopment project
Wolverine announces expansion of its Big Rapids factory
The US-based footwear giant announced a new two-million US dollars investment resulting in an extra 16 thousand square feet facility
FDRA claims duties on children's footwear have increased 191% since 2005
Based on that the Footwear Distributors and Retailers of America (FDRA) claims that TPP would save 1.5 billion US dollars on duties in a decade
Two Ten Footwear Foundation offers disaster relief in Louisiana & California
The US-based charitable foundation is giving support to members of the footwear industry requiring assistance after the floods and fires that hit the two states
Foot Locker sales over the 1.75 billion US dollars threshold
The New York-based specialty athletic retailer announced sales up by 5% in the second quarter, mainly driven by continued expansion and comparable-store sales growth
adidas to open US-based factory
adidas announced it will open a new footwear production site in the Atlanta area in 2017. The new Speedfactory will allow adidas to “create product more quickly and closer to US consumers”
Stuart Weitzman appoints new Creative Director
Famous footwear brand has appointed Giovanni Morelli as new Creative Director. He will take over from the founder of the brand, Stuart Weitzman, from May 2017 onwards
Frozen results at Steve Madden
Net sales increased by 0.6% totaling 325.4 million US dollars. Net income reached 24.7 million US dollars compared to 24.5 million US dollars in similar period in 2015
US footwear industry seeks classification clarification for athletic footwear
According to the FDRA, American footwear companies struggle to cope with inconsistent definitions and rulings
Sales up at Phoenix Footwear
Net sales for the second quarter increased by 4.5% totaling 4.2 million US dollars. Net loss for the period decreased by 112 000 US dollars-
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