United States
Johanna W. Hanneke Faber joins Tapestry Board of Directors
New York-based house of modern luxury accessories and lifestyle brands announced that Hanneke Faber has been appointed to Tapestry’s Board of Directors. The appointment of Ms. Faber to the Board brings the membership to eleven, including ten independent directors
Net sales recovery at Columbia Sportswear
The Oregon-based sportswear company reported second quarter and first half results: net sales increased by 79% and 35%, respectively. Net result at Columbia Sportswear is on positive ground
Franco Fogliato is leaving Columbia Sportswear
The Oregon-based company focused on outdoor apparel, footwear, accessories and equipment announced that Franco Fogliato, Executive Vice President, Global Omni-Channel, is resigning from his position, effective after a brief transition period ending on the 3rd of September
Rocky Brands: revenue up by 134.2%
The Ohio-based company has announced second quarter results marked by an increase in net sales of 134.2% (to 131.6 million US dollars). Wholesale segment increased by 195.0% and retail by 36.8%
Asia accounts for more than half of global footwear consumption
In 2020 Asia’s consumption accounted for more than half (55.8%) of the grand total worldwide. After being the major manufacturing hub for the footwear world, now Asia is also playing a key role in the consumption side. Data is taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association
Skechers’ Animal Rights Movement reaches 7 million US dollars in donations
The company’s BOBS from Skechers Philanthropic Collection has helped save and support over 1.3 million shelter dogs and cats in the United States and Canada
Tapestry establishes Foundation to promote equity and fight climate crisis
The New York-based house of luxury accessories and lifestyle brands has also announced the expansion of its Corporate Responsibility agenda. Tapestry intends to influence positive change for the industry
Hush Puppies & Designer Brands in partnership
The two tags announced an exclusive distribution partnership for Hush Puppies in North America. This initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies by 2022
The Athlete's Foot with strong retail sales growth
The specialty footwear and lifestyle chain delivered increasing first half-year retail sales in 2021. Change of ownership to Arklyz Group has been successfully concluded
Under Armour lifts outlook
The Baltimore-based sportswear giant has reported unaudited financial results for the second quarter ended on the 30th of June 2021. Revenue was up by 91% to 1.4 billion US dollars. Under Armour has updated its outlook for the fiscal year
Steve Madden shifts production from China to Mexico and Brazil
Driven by recent supply chain disruptions, American footwear brand Steve Madden has relocated about half of its women’s production to Mexico and Brazil from China. According to Business of Fashion (BoF) this will impact the Fall Season collection
Wolverine buys women’s activewear brand Sweaty Betty
The Michigan-based group which counts with a varied portfolio of footwear and lifestyle brands has acquired Sweaty Betty, a global fitness and lifestyle brand. The all-cash transaction is valued at approximately 410 million US dollars
Foot Locker enhances positioning in North America with acquisition of WSS
The New York-based specialty athletic retailer announced it has entered into a definitive agreement to acquire Eurostar, Inc. (WSS), a US-based athletic footwear and apparel retailer, which primarily operates on the West Coast
Foot Locker accelerates Asia-Pacific expansion with acquisition of atmos
The retailer has entered into a definitive agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan
Deckers with most profitable first quarter ever
The global group of footwear, apparel, and accessories announced financial results for the first fiscal quarter ended on the 30th of June 2021, with revenue increasing by 78.2%-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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