United States
LeBron James to boost sales in LA
LeBron James’ contract with the Los Angeles Lakers is expected to change the retail game in LA. Apparel sales are expected to increase, while the effect on footwear is uncertain, analysts comment
Reebok and CDFA partner to nurture new talents
The sportswear giant and the Council of Fashion Designers of America are combining efforts for the Fashion Future Graduate Showcase and New York Fashion Week: Men’s
Nike is working on customer engagement
The US-based sportswear giant is set to bring back in-store traffic through Nike Live, a new tech-driven concept store at the intersection of digital and physical retail
Caleres acquires majority stake in Blowfish Malibu
The St Louis-based company announced it has acquired a controlling interest in Blowfish Malibu, which has trailing 12-month revenue of approximately 27 million US dollars
Under Armour strengthens regional structure
US-based sports brand Under Armour has strengthened its global operations with the appointment of new regional Managing Directors
Rockport seeking approval of sale to Charlesbank
The company which filed for bankruptcy back in May, announced that, after completing a court-approved marketing process, it intends to complete the previously announced asset purchase agreement with CB Marathon Opco LLC, an affiliate of Charlesbank Capital Partners LLC
Mizuno and Fleet Feet reunited for Project Zero
For the second consecutive year, Mizuno will design a pair of shoes to be sold in Fleet Feet stores to raise funds for breast cancer research
Nike's recovery in the last quarter
Fourth quarter revenue increased by 13% totaling 9.8 billion US dollars, driven by strong double-digit revenue growth in international markets and Nike Direct globally and a return to growth in North America
Firms support bill to limit Trump’s tariffs
Senator Bob Corker introduces bill to impose congressional review on Trump’s tariffs. More than 270 US companies approve in open letter to the US Senate
Growing retail sales in the US
May retail sales increased by 0.7% seasonally adjusted over April and 5.6% unadjusted year-over-year as a growing economy prompted consumers to continue to spend, according to the National Retail Federation
Allbirds leading the way in sustainable footwear
The San Francisco-based company realises its sneakers through sustainable sourcing, recycled materials and, now, also plants. Since 2016, it has sold 1 million pairs
High heel sales fall as women shift to comfort
Women are shifting their demand to more comfortable sneakers, as last year’s 37% increase in US women’s leisure sneaker sales suggests. Meanwhile, high heel sales are going down
Deckers appoints new CFO
The US-based company focusing on designing, marketing and distributing footwear, apparel and accessories, announced the appointment of Steve Fasching to the position of Chief Financial Officer effective from the 16th of July onwards
Industry reacts to President Trump’s tariff comments
The FDRA - Footwear Distributors and Retailers of America has issued a statement in the name of the US-footwear industry in response to President Trump’s latest tariff comments
Kate Spade supporting suicide prevention and mental health
The Kate Spade New York Foundation will donate 1 million US dollars to suicide prevention and mental health awareness causes. This announcement follows the death of the company co-founder, at the beginning of the month-
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