footwear

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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DSW Parent Grows by Adding Own Brands to Retail Offering
DSW Parent Grows by Adding Own Brands to Retail Offering
September 08, 2022  |  Retail

The company best known for its retail stores called DSW Designer Shoe Warehouse has reportedly been growing its margins by also producing goods and selling...

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Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
August 10, 2022  |  Retail

In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and...

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Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
August 09, 2022  |  Retail

Earnings season in an inflationary climate can be a drag, as brands continue to trim outlooks and reposition for a long fall and winter of...

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Crocs Gets Boost From Online Sales, Sees ‘Hey Dude’ Brand at $1B
Crocs Gets Boost From Online Sales, Sees ‘Hey Dude’ Brand at $1B
August 04, 2022  |  Retail

Casual footwear-maker Crocs said continued gains in its digital sales as well as strong uptake of its newly acquired Hey Dude brand helped drive record...

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Under Armour Confident in Long-Term Prospects After Q1 Struggles
Under Armour Confident in Long-Term Prospects After Q1 Struggles
August 03, 2022  |  Retail

Under Armour struggled to meet its revenue and sales targets in the first quarter of fiscal year 2023, but the sportswear retailer is confident in...

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Deckers Disrupts Sneaker Segment as Uggs Owner Turns Hoka Into $1B Brand
Deckers Disrupts Sneaker Segment as Uggs Owner Turns Hoka Into $1B Brand
July 29, 2022  |  Retail

The highly competitive global sneaker wars have a new contestant to look out for after Deckers said its Hoka line of athletic shoes has grown...

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