World Footwear

United States

FDRA responds to President Trumps claims

Jun 19, 2018 / United States
The Footwear Distributors and Retailers of America (FDRA) responds to President Trumps claims that Canadians are “smuggling” shoes into Canada from the US to avoid tariffs

Finish Line and JD Sports Fashion complete merger

Jun 18, 2018 / United States
As a result of the merger, Finish Line has become an indirect wholly-owned subsidiary of JD Sports, a leading European retailer of sports, fashion and outdoor brands, thereby creating a market-leading multi-channel, multi-branded retailer of sports fashion and footwear with expanded global scope

Nine West sells footwear and handbag business

Jun 11, 2018 / United States
Nine West concluded an auction of its Nine West and Bandolino footwear and handbag business. The deal amounting to 340 million US dollars was sealed with Authentic Brands Group

Genesco reports loss in the first quarter

Jun 11, 2018 / United States
The Nashville-based company has announced results for the first three months of the new fiscal year. Notwithstanding the reported loss in the period, Genesco confirms this is in line with previous expectations

Flip Flop Shops sold to Bearpaw

Jun 8, 2018 / United States
Cherokee Global Brands, a global brand marketing platform that manages a portfolio of fashion and lifestyle brands, announced the sale of Flip Flop Shops, its franchise retail chain, to Bearpaw Holdings, LLC for an undisclosed amount

The world’s smallest shoe factory

Jun 8, 2018 / United States
The UNEEKBOT is not yet in a future where a robot scans the foot and builds a bespoke pair of shoes, but it allows made-to-order sandals in six minutes

Caleres reports continued improvement in net earnings

Jun 5, 2018 / United States
The St. Louis-based footwear giant reported its first quarter 2018 financial results, marked by stable sales. Based on that the company remains on track for 2018 and is maintaining our guidance for the year

VF Corporation completes acquisition of Altra

Jun 1, 2018 / United States
The North Carolina-based group of branded lifestyle apparel, footwear and accessories announced that it has completed its acquisition of the Altra brand, an athletic and performance-based lifestyle footwear brand, from ICON Health & Fitness, Inc

Brazilian Footwear elects seven target markets

May 31, 2018 / Brazil
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the members of the Brazilian Footwear program (maintained by those entities) promoted a meeting to select target markets for the next two years

DSW with solid quarter

May 30, 2018 / United States
The Ohio-based retailer of footwear and accessories announced financial results for the three months ended on the 5th of May, with revenue increasing by 2.9% and comparable sales by 2.2%. Exit of Ebuys and acquisition of Town Shoes now fully reflected in the results

Kohl's: good performance in the quarter

May 28, 2018 / United States
The Wisconsin-based retailer has announced results for the quarter ended on the 5th of May, marked by Comparable sales increasing by 3.6%

Stable quarter for Shoe Carnival

May 25, 2018 / United States
In the first three months of the new fiscal year, Sehoe Carnival's net sales increased by 1.6% totaling 257.4 million US dollars. In the same period, comparable store sales increased by 1.3% and earnings per diluted share increased by 72.9% to 0.83 US dollars

Exceeding expectations at Deckers

May 24, 2018 / United States
The California-based designer, marketer and distributor of casual lifestyle products announced fourth quarter and full year results, marked by record yearly revenue. Expectations surpassed

Tapestry announces departure of Creative Director

May 23, 2018 / United States
The New York-based house of luxury accessories and lifestyle brands, announced the resignation of Stuart Weitzman Creative Director Giovanni Morelli. The company has commenced a search for a new creative leader

Saucony appoints new President

May 22, 2018 / United States
Wolverine World Wide Inc. announced the appointment of Anne Cavassa as President of Saucony, effective immediately
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