footwear

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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StockX’s Luxury Resale Dominance: Can Everday Sneakers Step Up?
StockX’s Luxury Resale Dominance: Can Everday Sneakers Step Up?
August 19, 2023  |  Retail

Sneaker rental platform Kyx World learned a hard lesson in January. Demand for its shoes dropped, and it had to abruptly cease operations just a month after securing a...

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Adidas to Sell Remaining Yeezy Sneakers, Donate Proceeds to Charity
Adidas to Sell Remaining Yeezy Sneakers, Donate Proceeds to Charity
May 11, 2023  |  Retail

Adidas has decided what to do with its millions of leftover Yeezy sneakers. The firm will sell the $1 billion worth of products and donate the proceeds to...

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Crocs Banks on Collaborations to Boost D2C Sales of Heydude
Crocs Banks on Collaborations to Boost D2C Sales of Heydude
April 30, 2023  |  Retail

Crocs’ better-than-expected Q1 results are currently being attributed to the increasing consumer interest in casualization, comfort, sustainability, and personalization. During Q1, the comfort footwear company,...

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Mid-Priced Apparel Retailer Buckle Reports 10.1% Sales Drop in March
Mid-Priced Apparel Retailer Buckle Reports 10.1% Sales Drop in March
April 12, 2023  |  Retail

Mid-priced apparel, accessories and footwear retailer Buckle reported a drop in sales in March. The 439-store firm’s comparable store net sales for March were down...

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Why Collaboration Works for Crocs and Not Adidas
Why Collaboration Works for Crocs and Not Adidas
April 07, 2023  |  Retail

Why are Crocs cool? That’s an article The Harvard Crimson wrote just over a year ago, discussing the ugly but loved shoe that sits alongside...

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Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023  |  Retail

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than...

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Crocs Focuses on Sandals for 2023 Following Record 2022
Crocs Focuses on Sandals for 2023 Following Record 2022
February 16, 2023  |  Retail

Continued demand for casual footwear led Crocs to a record 2022. The shoemaker announced in a Thursday (Feb. 16) press release that it recorded $3.6...

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Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
February 10, 2023  |  Retail

Adidas’ breakup with Ye could lead to a revenue loss of 1.2 billion euros (about $1.3 billion) in 2023. The sportswear company said in a...

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