荐Caleres lowers full year outlook
The US-based footwear company has lowered its full year outlook after a weaker-than-expected third quarter, citing weaker seasonal demand for boots, supply chain issues and a specific customer credit problem
荐OrthoLite significantly expands its operations in India
Thanks to solid leadership in the region, OrthoLite has increased its Indian footprint by adding leather insole production and strengthening local manufacturing to support 61 brand partners
荐ThredUp divests its European business
The US-based online platform has sold European business Remix in a management buyout, enabling both companies to prioritise market strengths and drive targeted growth under separate leadership
荐Skechers' BOBS initiative reaches major charitable milestone
The US-based company surpassed 12 million US dollars in donations through the sales of BOBS products, which has helped over 2.2 million shelter pets across the US, Canada, the UK and Japan
荐E-commerce led the way on US Black Friday
US retail sales were up by 3.4% on Black Friday compared to the same day last year, according to Mastercard SpendingPulse, driven by a significant 14.6% increase in online sales
荐Dr. Martens reports half year results for fiscal 2025
In its transition year, the British brand reported decreased revenue for the first six months of fiscal 2025. In contrast, the company improved its balance sheet, progressing towards key objectives
荐Stuart Weitzman and Swarovski unite for new holiday collection
Stuart Weitzman partnered with Swarovski Creators Lab to release crystal-adorned Stuart Power Shine pumps, a limited-edition collection combining craftsmanship and luxury fashion
荐JD Sports completes acquisition of Courir
The UK-based sportswear retailer has completed the acquisition of Frances Groupe Courir, thus strengthening its position in the European market. The deal was first announced in May 2023
荐US footwear prices rise amid economic uncertainty
Tariffs and inflation continue to shape US footwear pricing, as October data revealed mixed trends, with increased mens and childrens footwear prices, while prices for womens shoes declined
荐Third quarter net sales fall at Shoe Carnival despite strong back-to-school season
The US-based retailer has reported a 4.1% year-on-year fall in net sales in the third quarter, hit by a shift in the retail calendar, two hurricanes that disrupted many of its stores and prolonged warm weather that delayed boot season
荐Alpargatas reports continued growth in 2024
Havaianas performance in Brazil, with increased volumes and improved margins, and Rothys revenue growth of 29% in the third quarter of 2024, compared to last year, anchors Alpargatas growth
荐Wholesale continues to weigh on Geox’s performance
In line with the first half, the footwear company has reported a decline in sales for the first nine months of the year, as the wholesale channel continues to weigh on overall performance
荐Puma reports nine month results amid currency headwinds
Currency pressures and higher operating expenses impacted Puma’s 2024 nine-month results. However, the German-based company reaffirmed its guidance on the back of revenue growth in the Americas and DTC performance
荐RM Williams targets UK as part of global expansion
The Australian-based bootmaker plans to open new UK stores in the coming months. The company aims to use the country as a launchpad for its international growth strategy, while remaining true to its heritage
荐Rocky Brands reports third quarter revenue decline
The US-based footwear company reported an 8.8% year-on-year decline in third quarter net sales. Improved retail revenue and gross margins partially offset wholesale shortfall