Sneakers
Zalando and Nike strengthen long-term partnership
The German-based online retailer announced a new step in its strategic partnership with Nike with the introduction of a new membership programme in ten European countries
Nike announces first quarter results
The US-based company reported revenue growth in the first quarter of fiscal 2023, but a decline in earnings mainly due to overstocked inventory. Performance in China impacted by COVID-19-related disruptions
Swiss On presents first-ever carbon emission shoe
In collaboration with LanzaTech, Borealis, and Technip Energies, the sportswear brand created the Cloudprime sneaker using carbon emissions as a raw material to reduce the brand's carbon footprint
Skechers SVP of Domestic Sales Rick Graham to retire
After being with Skechers for nearly 30 years, Senior Vice President of Domestic Sales Rick Graham announced his retirement. He will be succeeded by Pete Calichman, who joined the company in 2017
Todd Krinsky is Reebok's new CEO
Authentic Brands Group, the owner of Reebok, has named Todd Krinsky to the role of CEO. He succeeds Matt O'Toole, who led the sportswear brand for over 15 years and will join ABG in January 2023
Louis Vuitton launches sustainable sneaker
The French luxury Maison, owned by LVMH, released a new unisex version of the LV trainer made from 90% recycled and organic materials, designed by its late creative director Virgil Abloh
adidas CEO to unexpectedly step down in 2023
The German-based sportswear giant announced that CEO Kasper Rorsted will step down next year, before his contract is due to run out, and that it is already searching for a successor
Puma to host sustainable fashion conference in London
The sports giant aims to discuss solutions for some of the fashion industry’s most pressing sustainability challenges such as waste, materials and climate change at a global event in September. Conference of the People will take place in London
Skechers partners up with tokidoki
The US-based footwear company teamed up with the iconic lifestyle brand on a limited-edition collection for women with tokidoki’s iconography
adidas sales increase
The sportswear company reported a small revenue increase in the second quarter of 2022, driven by the strong momentum in Western markets, whereas it continues to struggle in Greater China
Columbia Sportswear lowers full year outlook
Despite a revenue growth in the first half of the year, the US-based sportswear company has decided to cut its full year outlook based on a growing economic uncertainty environment
Under Armour announces first quarter results
The Baltimore-based company held its own in the first quarter of fiscal 2023, reporting a flat revenue of 1.35 billion US dollars, but is cutting its profit forecast for the full year
Hoka drives growth for Deckers Brands
The Californian-based group reported that Hoka's net sales rose by 54.9% in the first quarter of fiscal 2023, as compared to the same quarter of last year, reaching 330.0 million US dollars
Skechers posts revenue growth
Despite macroeconomic headwinds and COVID-related restrictions in China, the US-based company reported having achieved yet a new quarterly sales record-
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