footwear
Puma Warns of Softening Demand in 2024
The German activewear brand saw sales increase over the past year but also reported a negative fourth quarter…
New Balance Posts $6.5B in Annual Sales
The results were driven by growth across all of its global markets, the company said.
Wolverine Sales, Profits Meet Guidance Following Transformational Year
Net revenues for the full fiscal year fell 16.5 percent to $2.24 billion versus $2.68 billion in 2022.
Leaders Express Hope at The Atlanta Shoe Market
The business of footwear was on full display at The Atlanta Shoe Market, which had record attendance at its…
Nike Is Laying Off 2% of Workforce as Company Works to ‘Right-Size’ Organization
The move comes after the athletic giant revealed in December it would look to save up to $2 billion in costs…
Under Armour Beats Projections But Trims Forecast for Year
The Baltimore-based sports brand is still seeing soft demand in North America while international sales are…
Columbia Sportswear Facing Layoffs and Cost Cuts
Columbia Sportswear also noted there has been minimal impact from Red Sea disruptions.
New Balance Wants to ‘Help Extend Product Life’ Via New Resale Platform
The new site allows consumers to view and shop for pre-owned shoes.
Materials Show Highlights Advancements in Next-Gen, Bio-Based Inputs
The Portland trade show drew more than 250 exhibitors showcasing a range of sustainable materials and…
Hoka and Ugg Help Deckers Achieve ‘Largest Quarter in History’
Net sales increased 16 percent to $1.56 billion in the third quarter.
TextileGenesis Launches Traceability Consortia With Footwear and Leather Industries
As sustainability and social responsibility become more important for consumers and new legislation is…
Boot Barn Downgrades 2024 Outlook After Sales Miss in Q3
The company is still touting its robust store expansion plan.
Dr. Martens Says Weak U.S. Sales Dragged on Q3
Dr. Martens CEO Kenny Wilson said that the brand's soft sales during December were in line with overall…
True Religion to Launch Footwear This Fall
The throwback brand is partnering with Orly Corporation.
The Athlete’s Foot Owner Arklyz Group Acquires Lloyd Shoes
The deal marks the latest shoe acquisition for Arklyz, which in 2022 acquired Shoe City, a Baltimore-based…