Footwear news and trends

Nike’s Mission to Return to Profitability: Reignite Its Legacy
Earnings // December 19, 2024

Nike’s journey back to profitability, spearheaded by a reinvigorated leadership team, marks a pivotal moment in the company’s storied history. With a new CEO at the helm, Nike is focusing on three core areas — product, brand and marketplace — as it seeks to return...

Foot Locker’s Mobile App and Loyalty Program Propel Online Sales Growth
Earnings // December 04, 2024

Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and revamped loyalty program. Get the Full Story Complete the form to unlock this article and...

Foot Locker Reportedly Expanding Home Court Collaboration With Nike
Retail // December 03, 2024

Foot Locker is reportedly expanding the “Home Court” basketball sections it launched with Nike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

From Sneaker Obsession to D2C Success: How Richard Brown Built Proof Culture
Retail // November 15, 2024

Proof Culture founder and CEO Richard Brown’s love of sneakers began long before he ever thought of turning his passion into a direct-to-consumer business. He vividly remembers the thrill of getting his first pair of LA Gears when he was a kid, carefully laying them...

Interviews & Exclusives
Foot Locker’s Mobile App and Loyalty Program Propel Online Sales Growth

December 04, 2024
Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and revamped loyalty program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken

November 21, 2023
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. Get the Full Story Complete...

Quick Reads
Footwear Companies Raise Prices as Pre-Tariff Inventories Run Out

September 15, 2025
Footwear companies are reportedly beginning to pass along to consumers the cost of tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

Foot Locker Reportedly Expanding Home Court Collaboration With Nike

December 03, 2024
Foot Locker is reportedly expanding the “Home Court” basketball sections it launched with Nike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation

October 11, 2023
German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

German Footwear Brand Birkenstock Announces Plans for IPO in New York

September 13, 2023
Birkenstock has filed to go public through an initial public offering (IPO) in New York. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...