Companies
Wolverine posts better-than-expected results
Despite a 34% drop in first quarter revenue, the US-based outdoor company, which is undergoing a turnaround plan, said results were better-than-expected. New CFO appointed
Steve Madden on an upward trajectory
Building on a positive fourth quarter in 2023, the New York-based footwear, accessories, and apparel designer reported continued growth in revenue and profits in the first quarter of the year
Crocs posts strong first quarter
The US-based casual footwear company kicked off the year with a first quarter revenue growth of 6.2% over the same period of last year, driven by the performance of the Crocs brand
Crocs appoints new Chief Financial Officer
At the same time as the release of its first quarter results, the clogs company has announced the appointment of Susan Healy as Executive Vice President and Chief Financial Officer of Crocs
Amazon announces first quarter results
A solid start to 2024 for the Seattle-based online giant. Amazon reported a 13% year-over-year increase in net sales in the first quarter, with all segments contributing to the result
Clarks CEO steps down
The British footwear label has confirmed that Jon Ram has stepped down as CEO to “pursue other opportunities” after two years in the role
Deckers promotes Ellerker to newly created role of President of Global Marketplace
The California-based company, which owns the Hoka and Ugg brands, has promoted Marco Ellerker to the newly created role of President of Global Marketplace, effective from the 1st of August
adidas surprises in the first quarter
The German-based company had a strong start to the year, beating expectations for sales, gross margin and operating profit. This performance appears to mark a turnaround for adidas after a tough 2023
Skechers starts 2024 on a positive note
The US-based footwear company has posted a better-than-expected performance in the first quarter, with sales up by 12.5% on the same period of last year to 2.25 billion US dollars
Miu Miu drives growth for Prada
The Italy-based luxury group posted a strong performance in the first quarter of the year, with the Miu Miu brand standing out with a retail sales growth of 89% as compared to the same period in 2023
Nike to cut 740 jobs at Oregon headquarters
The US-based sportswear giant is planning to cut over 700 employees at its world headquarters in Oregon by June. This is the second phase of the layouts announced in February
Sales decline at Columbia Sportswear
The US-based company posted a 6% year-over-year decline in the first quarter of 2024, in line with previous expectations, due to a general slowdown in demand and a difficult competitive environment
Portuguese consortium launches 34 cutting-edge solutions to have the world’s most advanced industry
As part of a consortium led by Carité and coordinated by CTCP, several companies are working to develop 34 innovative products by the end of next year to make the Portuguese footwear industry the most qualified in the world
Shein eyes acquisition of Topshop
According to The Sunday Times, Topshop’s owner, Asos, has reportedly attracted interest from several prominent retail companies, including the Chinese fast-fashion giant Shein
Golden Goose welcomes Bizzarri to the board at a time of strong momentum
Former Gucci president and CEO Marco Bizzarri joins the board of the Italian luxury sneaker company as sales continue to grow, driven by strong performance across all regions-
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