footwear

Amazon Cautioned by European Court of Justice in Louboutin Case
Amazon Cautioned by European Court of Justice in Louboutin Case
December 22, 2022  |  Retail

The European Court of Justice has sided with luxury brand Louboutin in a lawsuit against Amazon. Reached for comment Thursday morning (Dec. 22), an Amazon...

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Foot Locker Finance Chief to Step Down in 2023
Foot Locker Finance Chief to Step Down in 2023
November 30, 2022  |  Retail

Foot Locker’s chief financial officer will step down next year. The athletic retailer said in a Tuesday (Nov. 29) press release that the departure of...

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Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
November 18, 2022  |  Retail

Consumers’ desires for affordable luxury and a fun shopping experience are driving sales of sneakers even in the face of inflation and uncertainty, specialty athletic...

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Allbirds Gets Lift From New Physical Stores as Headwinds Persist
Allbirds Gets Lift From New Physical Stores as Headwinds Persist
November 09, 2022  |  Retail

Direct-to-consumer (D2C) clothing and footwear retailer Allbirds saw a lift in its most recent quarter as the addition of a record number of physical stores...

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Wolverine Reports Supply Chain Problems Slowing Footwear Sales
Wolverine Reports Supply Chain Problems Slowing Footwear Sales
November 09, 2022  |  Retail

With continuing supply chain challenges affecting both the brand and its wholesale customers, footwear manufacturer Wolverine Worldwide reported Wednesday (Nov. 9) that both revenue and...

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Adidas Names Puma Head Bjørn Gulden as New CEO
Adidas Names Puma Head Bjørn Gulden as New CEO
November 08, 2022  |  Retail

Struggling sneaker giant Adidas has found its new CEO in Bjørn Gulden, the head of rival shoe brand Puma. Gulden, 57, has served as Puma’s...

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Crocs Sees ‘Hey Dude’ Brand Hitting $1B in ’23
Crocs Sees ‘Hey Dude’ Brand Hitting $1B in ’23
November 03, 2022  |  Retail

Casual footwear company Crocs said revenues of its Hey Dude brand should surpass $1 billion next year as it begins selling the men’s shoe line...

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Deckers Reports Supply Chain Improvements Helping Prep for Peak Season
Deckers Reports Supply Chain Improvements Helping Prep for Peak Season
October 28, 2022  |  Retail

Supply chain constraints are easing, but footwear company Deckers Brands has been shipping products to key markets ahead of the holidays to ensure it has...

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Shoe Brands Compete for Digital Sales as D2C Volumes Grow
Shoe Brands Compete for Digital Sales as D2C Volumes Grow
October 26, 2022  |  eCommerce

Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C)...

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