More From Shoshy Ciment
REI Co-op Reports Widening Loss, Sales Decline in 2023
REI laid off more than 350 people across its corporate offices and distribution centers in January.
Steve Madden Posts Sales, Earnings Beat in Q1
Wholesale revenues were up 21 percent to $438.2 million in Q1.
Bape Agrees to Discontinue Sneaker Models Following Nike Trademark Lawsuit Settlement
Nike is requesting a court order to stop Bape from selling the accused designs.
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Inside Foot Locker’s ‘Store of the Future’ Model Guiding the Chain’s New Retail Identity
Foot Locker's store refresh program is a key part of its broader Lace-Up plan to grow business.
Nike to Lay Off 740 Employees at Oregon Headquarters by June
Two rounds of layoffs will be completed by the end of June, a Friday WARN Notice said.
Skechers Accuses American Exchange Group of Infringing on ‘Scalloped Opening’ Shoe Designs
Skechers is accusing another shoe company of copying one its protected shoe designs.
Nike CEO Blames Innovation Lag on Remote Work
Nike was one of the first shoe companies to publicly call employees back to the office for four days a week.
Police Bust Retail Crime Ring in Connection With $537,000 Theft From Lululemon and Other Stores
The news comes shortly after reports that a Lululemon store in Seattle, Wash. is set to close at the end of…
Allbirds Has 6 Months to Raise Its Stock Price, Nasdaq Warns
The shoe brand said it would "consider actions that it may take in response to this notification" to become…
Exclusive: Waterproof Knit Footwear Maker Vessi Reportedly Talking to Potential Investors
Vessi debuted on Kickstarter in 2017 with "the world's first 100 percent waterproof knit shoes."
Investor Urges Dr. Martens to Consider Strategic Review, Potential Sale
Since its IPO in 2021, shares of the boot company have dropped almost 83 percent.
Nike Beats Sales, Earnings Projections in Q3
The sales and earnings beat came after a challenging Q2 in December, when Nike announced new measures to…
Nike Beats Sales, Earnings Projections in Q3 as Leadership Touts Innovation Pipeline
The sales and earnings beat came after a challenging second quarter in December, when Nike unveiled new…
Designer Brands Posts Q4 Loss After ‘Difficult’ 2023
Chief executive officer Doug Howe said 2024 will be a "transition year" for the footwear company
Caleres Sales Beat for Q4, Outlines Cautious Guidance
Caleres president and CEO Jay Schmidt highlighted the company's portfolio of owned brands.