Companies
Kurt Geiger posts record figures in December amid retail expansion
As it continues to expand its presence in North America, the British luxury footwear and accessories brand says December 2024 was the most profitable month in its history
Caleres lowers its outlook for the full year once again
The US-based footwear company has announced a further cut in its full year sales and earnings outlook, after recording lower-than-expected sales in mid-December and January
US footwear industry helps LA fire victims
Deckers Brands, Skechers, Merrell, APL, Two Ten Footwear Foundation and Soles4Souls are among the companies and organisations coming together to help the victims of the LA fires
JD Sports cuts full year profit guidance amid challenging market conditions
The UK-based retailer has posted a solid trading update for the third quarter of its fiscal year, but has lowered its full year profit guidance in recognition of challenging and volatile market conditions
Authentic Brands Group names new President
The US-based management brand company has named former Wynn Resorts CEO Matt Madox as President. He succeeds Nick Woodhouse, who will assume the role of Executive Vice Chairman
Macy’s to close 66 stores as part of turnaround strategy
The US department store chain has confirmed the closure of 66 stores as part of its Bold New Chapter strategy, which aims to return the company to sustainable, profitable sales growth
Stella Holdings ends the year on a gloomy note but full year performance holds up
An increase in sports orders helped the Hong Kong-based footwear manufacturer end the year 2024 with revenue up by 3.5% year-over-year, but the fourth quarter ended on a gloomy note
Under Armour appoints SVP of global brand and Americas marketing
The US-based sportswear company has appointed Tyler Rutstein, who has previously worked at adidas and Overtime, as its senior vice president of global brand and Americas marketing
Next raises full year profit outlook
Following a strong Christmas trading period, the British fashion retailer has raised its profit before tax forecast for the current financial year by 5 million British pounds to 1.010 billion British pounds
Dr. Martens global creative director steps down after a decade with the company
Dr. Martens Creative Director Darren McKoy is stepping down from his position after a decade with the footwear company. No replacement has yet been announced
Footwear Consumption to increase by 8.4% in 2025
The 11th edition of the World Footwear Business Conditions Survey results are now available. Despite the uncertain scenario, the expectation of our experts is for growth in footwear consumption in 2025. Europe stands out as it will continue stagnant
Italian and Scottish brands unite for European shoe collections
Nice Footwear, through Nice Brand Lab, deepens its collaboration with Scottish fashion brand Lyle & Scott to create and distribute exclusive footwear collections across Europe
Skechers settles design patent case against L.L. Bean
Skechers and L.L. Bean have settled a lawsuit alleging the latter’s "Freeport" shoes infringed patented heel cup designs, with a court order barring further sales, imports and manufacturing
Bata appoints Chief Design Officer
The Swiss-based footwear company has appointed Miguel Esquide as Chief Design Officer. The move signals its commitment to innovation and creativity as it seeks to connect with a modern audience
Saks completes the acquisition of Neiman Marcus
For a total enterprise value of 2.7 billion USD, the luxury retail and real estate company Saks Global now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH-
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