United States
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
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-
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