World Footwear

Sneakers

Foot Locker appoints first Chief Strategy & Transformation Officer

Jun 7, 2022 / United States
The US-based footwear retailer named Neil Bansal to the newly created position of Executive Vice President and Chief Strategy and Transformation Officer

Pou Chen posts net profit decline

Jun 6, 2022 / Taiwan
The Taiwanese manufacturer of branded sports footwear reported a drop of 26.1% in net profit in the first quarter of 2022 due to fewer investment gains from its Nan Shan Life Insurance unit

Reebok teams up with Zappos to launch adaptative footwear line

Jun 1, 2022 / United States
The Reebok Fit to Fit collection provides styles that include features that help people with disabilities to gain more independence. The goal is to enhance everyone’s quality of life

Dick's Sporting Goods posts sales decline

Jun 1, 2022 / United States
The sporting goods retailer posted a comparable store sales drop of 8.4% in the first quarter of fiscal 2022 over the same period last year, but remains optimistic about its long-term strategy

JD Sports Chairman steps down

May 31, 2022 / United Kingdom
The UK-based retailer has announced that the Executive Chairman Peter Cowgill, who has been leading the company since 2004, will stand down effective immediately

Puma with new Chair of Supervisory Board

May 25, 2022 / Germany
The sporstwear giant has nominated Héloïse Temple-Boyer its new Chair of the Supervisory Board. She is taking over from Jean-François Palus

Sustainable sneaker start-up Psudo raises 3 million USD

May 25, 2022 / United States
The US-based sneaker brand announced that completed a three million USD seed financing round led by SternAegis Ventures, who acted as placement agent

Foot Locker reports solid performance

May 24, 2022 / United States
The retailer posted a slim increase in sales in the first quarter of fiscal 2022 over the same period last year, but still ahead of estimates. Revenue for the quarter totalled 2.17 billion US dollars

Prada teams up with Cass on sneaker collab

May 23, 2022 / Italy
The Italian luxury house partnered up with the artist Cassius Hirst to reinvent its iconic Prada America’s Cup sneakers, through a customized capsule collection of four styles, in 22 variables

Under Armour CEO steps down

May 20, 2022 / United States
The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed

Under Armour reports net loss

May 12, 2022 / United States
The company announced unaudited results for its transition quarter ended on the 31st of March. Despite revenue growth, Under Armour posted a net loss of 60 million USD. Footwear sales declined

adidas lowers expectations for 2022

May 10, 2022 / Germany
After a revenue decline of 35% in Greater China thanks to a challenging market environment and COVID-19 lockdowns, the company reduced its outlook for 2022 to the lower end of the range

Nike and Rtfkt studio release first digital sneakers

May 3, 2022 / United States
The collection of eight co-branded digital sneakers, dubbed Nike Cryptokicks, is modelled after the Nike Dunk sneaker and signs the brand’s entrance into digital clothing

Golden Goose partners up with Coronet

Apr 27, 2022 / Italy
The luxury sneaker brand and the Milan-based producer of synthetic and plant-based leather alternatives are opening a shared R&D centre in Milan to develop sustainable solutions

Skechers announces sales increase

Apr 27, 2022 / United States
The US-based footwear giant has reported record first quarter sales of 1.82 billion US dollars, which reflects an increase of 26.8%, as compared to the same period of last year
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