Companies
Foot Locker returns to sales growth
As its Lace Up Plan continues to make progress, the US-based sports retailer returned to sales growth in the second quarter and reaffirmed its non-GAAP earnings outlook for the full year
Puma appoints Indrajeet Sen as SVP of Group Sourcing
The German-based company has appointed Indrajeet Sen as Senior Vice President of Puma Group Sourcing. He succeeds Chief Sourcing Officer Anne-Laure Descours, who decided not to renew her board contract
Stella Holdings announces increase in the payout to shareholders
After achieving a 54% year-over-year rise in first half net profit, the Hong Kong-based footwear manufacturer has announced a significant increase in the payout to shareholders over the next three years
JD Sports on track to deliver full year EBIT guidance
The UK-based sports retailer has reported a strong second quarter performance, particularly in North America and Europe, and has reaffirmed its full year EBIT guidance as a result
Nike and LEGO team up
The US-based sportswear giant and the LEGO Group have announced a multi-year partnership to bring to life the many ways sport and creative play can help empower children worldwide
Tapestry reports a successful year
The New York-based company has reported a successful fiscal year 2024 against a challenging macroeconomic backdrop and despite a sharp decline in the Stuart Weitzman brand
Asia accounts for more than half of global consumption
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
Yue Yuen’s footwear manufacturing business recovers in the first half
The Hong Kong-based group reported an overall decline in revenue in its unaudited first half results, driven by Pou Sheng’s performance, as the footwear manufacturing business recovered during the period
Sanuk sold to Lolë Brands
The Canadian-based apparel company has acquired the outdoor lifestyle footwear brand, previously owned by Deckers Brands. The financial terms of the deal were not disclosed
Disappointing first quarter for Capri Holdings
Ahead of its acquisition by Tapestry, the US-based luxury company has reported a weak first quarter, blaming it on a slowing global demand for luxury fashion goods
Kizik names new Chief Marketing Officer
The Utah-based hands-free footwear brand has announced the appointment of Elizabeth Drori as Chief Marketing Officer. She joins the company from Sperry
Average worldwide export price continues an upward trend to reach $12
Prices of footwear continued to increase in 2023, as revealed by the latest World Footwear Yearbook, as recently released by APICCAPS, the Portuguese Footwear Association. $12 threshold reached
Under Armour appoints former adidas veteran as Vice President of Brand Strategy
The Baltimore-based company has appointed Eric Liedtke as Executive Vice President of Brand Strategy, following the acquisition of UNLESS Collective, a zero-plastic regenerative fashion brand he founded
Weak first quarter at VF Corp
The US-based footwear company has posted a 9% drop in revenue in the first quarter of its fiscal year, as compared to the same period of last year, and has seen its losses widen
Puma reduces full year EBIT guidance
The German-based company has reported a solid second quarter performance, but has decided to lower its full year EBIT guidance in light of the challenging macroeconomic environment-
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