footwear

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. Get the Full Story Complete the...

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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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Adidas Cuts Profit Forecast Amid Low Sales, High Inventory
Adidas Cuts Profit Forecast Amid Low Sales, High Inventory
October 21, 2022  |  Retail

Adidas saw its shares tumble Friday (Oct. 21) after projecting that profits would be lower this year as it deals with lower-than-expected sales and a...

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Nike Tries to Stamp out Sneaker Resellers
Nike Tries to Stamp out Sneaker Resellers
October 12, 2022  |  Retail

As part of its ongoing efforts to stop sneaker resellers, Nike has updated its terms of sale to say it could cancel online orders made...

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Christie’s Adds Streetwear Unit to Sell $1M Air Jordans
Christie’s Adds Streetwear Unit to Sell $1M Air Jordans
September 27, 2022  |  Retail

Art and luxury business Christie’s is launching a new department devoted to sneakers, streetwear and sports collectibles — such as a pair of sneakers worn...

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