footwear

Brands Set Sights on D2C Resale Opportunity Amid Growing Demand
Brands Set Sights on D2C Resale Opportunity Amid Growing Demand
April 01, 2024  |  Retail

As ongoing economic pressures have consumers continuing to shop secondhand to save on retail spending, brands are looking to capture this growing opportunity through direct...

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Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
March 12, 2024  |  Retail

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers’...

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Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
January 25, 2024  |  Retail

Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024.  “For 2024, we foresee the geopolitical and macroeconomic challenges as well...

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Allbirds Looks to Amazon to Boost Demand 
Allbirds Looks to Amazon to Boost Demand 
November 27, 2023  |  Retail

After recently disclosing another quarter of unsatisfactory earnings, footwear and fashion firm Allbirds is betting on a new partnership with Amazon to boost its likeability...

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Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023  |  Retail

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected....

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Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
October 11, 2023  |  IPO

German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle...

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Birkenstock May Struggle to Find Footing in Rocky IPO Market
Birkenstock May Struggle to Find Footing in Rocky IPO Market
October 05, 2023  |  IPO

Birkenstock may need a bigger toe-hold in the direct-to-consumer market before it goes public. That’s according to a Thursday (Oct. 5) report by Reuters, citing comments from...

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Skechers Joins Brands Launching Restaurants to Build Consumer Connections
Skechers Joins Brands Launching Restaurants to Build Consumer Connections
September 20, 2023  |  Restaurant innovation

At a Skechers location in Gardena, Calif., shoppers can buy not only shoes, but also a burger and fries — the latest instance of a...

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German Footwear Brand Birkenstock Announces Plans for IPO in New York
German Footwear Brand Birkenstock Announces Plans for IPO in New York
September 13, 2023  |  Retail

Birkenstock has filed to go public through an initial public offering (IPO) in New York. The German footwear brand did not specify in its Tuesday (Sept....

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