United States
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
FDRA responds to President Trumps claims
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
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
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
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
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
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
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
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
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-
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Footwear Consumer 2030
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