Four years after filing for an IPO, luxury outerwear brand Canada Goose is getting into the footwear business next month with two styles. The first, the Snow Mantra Boot, is tied to the brand’s pinnacle Snow Mantra Parka.

As the supply chain headaches continue, port executives in California say the cargo surge will likely last into the summer, but the congestion and backlog at U.S. ports today could be eliminated sooner, according to Mario Cordero, Executive Director of the Port of Long Beach (CA).

Yesterday marked the lowest number of daily COVID-19 cases in Vietnam in 78 days. Factories are beginning to re-open after 1-3 months shutdowns due to the pandemic. Still, the country appears at a crossroads. Its fragile low-cost production-focused economy needs to be re-ignited.

The Footwear Distributors and Retailers of America (FDRA) reached out to the Biden Administration on U.S.-China trade earlier this week, hours after the Office of the U.S. Trade Representative issued an update on the administration’s priorities for re-aligning the U.S. trade relationship with...

Online and small retailers have another issue to contend with this holiday season into 2022. As if supply chain/inventory issues and labor shortages were not enough.

Two of the more buzzed about brands of the past few years in the active and athleisure space, respectively, are going public. More than a decade after its founding in Switzerland, running footwear brand On has filed for an Initial Public Offering on the New York Stock Exchange...

It’s been brewing since the beginning of the global COVID-19 pandemic and has been building momentum ever since. Industry insiders who have first-hand exposure to its ever-changing variables and reach admit they’ve never seen anything like it before.

North American Digital sales grew 43 percent for Nike and the brand’s Direct business in the region expanded more than 45 percent in the period ended Aug. 31. Nike had both strong traffic growth and repeat buying member activity.

New actions by the Vietnamese government should be welcome news for many industries, including footwear, apparel, and textiles. On Saturday, a day after Vietnam’s president visited Pfizer’s New York headquarters and requested more COVID-19 supplies for the Asian nation...

A combination of factors, including higher input costs, a tight labor market and lower market inventories, make it extremely likely that retail footwear prices are headed up over the next six months.

Lids has promoted Britten Maughan to president. Maughan has served as SVP of marketing and partnerships since joining the Ames Watson-owned retailer in 2019. In that role, he has overseen all aspects of product, marketing, merchandising, partnerships, and distribution.

In its new 21-page 2021 Loyalty Program Benchmark Report, TotalRetail highlights several industry companies for their exceptional work in their Loyalty Program offerings in an era where 68 percent of consumers say, “their loyalty is more difficult to maintain than ever.”

For the most part, independent running specialty retailers are content and satisfied with the state of their businesses today. The run business is strong. But, there is more than a whiff of concern in the air from coast-to-coast.

A decade after acquiring the regional sporting goods chain Academy Sports + Outdoors in a leveraged buyout, affiliates of global investment firm KKR (Kohlberg Kravis Roberts & Co. L.P.) are selling their remaining 20 percent stake in the Katy, TX-based retailer.

With omnichannel promotions forecast to be offered earlier than usual, the 2021 U.S. Holiday Season will likely be shaped by higher prices for key products, early shopping by consumers and broader digital experiences, according to Mastercard Spending Pulse.

The JD Group is thriving in the U.S. market. The publicly traded U.K.-based company’s U.S. footprint consists of JD Sports, Finish Line, Shoe Palace and DTLR Villa — 1,220 doors overall. Total U.S. revenues hit the equivalent of $1.89 billion for the period ended July 31.

Global pandemic-related supply chain disruptions have slowed U.S. retail container imports to single digits from double-digits, according to the Global Port Tracker from the National Retail Federation/Hackett Associates.

Publicly traded Yuen Yuen Industrial Ltd. (YY), whose branded clients include Nike, Steve Madden, and Adidas among others in the athletic and casual footwear industries, issued an update on its Vietnamese production sites on Sep. 3.

Genesco has begun introducing new point-of-sale hardware and software in some of Journeys’ 828 U.S. doors as part of its effort to digitize stores and enhance customers overall omnichannel shopping experience.

Famous Footwear, the Caleres-owned chain, generated a 671-basis-point increase improvement in its Q2 gross profit margin from its Q2/19 level to 50.1 percent on more full-price selling and a lower promotional environment.

The San Francisco parent of Allbirds, the six-year-old, global lifestyle brand filed its initial S-1 for a public offering of stock yesterday. After reporting a net loss of $25.9 million on nearly $219.3 million in revenues in FY20, Allbirds had a 27 percent increase in H1/21 revenues...

The retail operator of City Gear and Hibbett Sports’ banners faces H2 headwinds that may negatively impact its comp sales growth and gross margins for the period. Second half gross margins are forecast to dip from their H1/22 level due to likely higher freight and...

Seeing its best all-around momentum in years but also dealing with uncertainty over key product deliveries for late 2021 and early 2022, Dick’s Sporting Goods appears prepared to do whatever it takes to keep its operation humming into next year.

The 378-door Shoe Carnival chain, which has posted $1.16 billion in sales over the trailing 12 months and is on track to approach $300 in sales per square foot this year (up from previous high of $245 in FY19), says it can sustain operating margins of at least 8 percent over the long-term.

Designer Brands reported that DSW’s year-over-year athletic comps increased 90 percent in the period to generate 23 percent of the banner’s quarterly revenues, up from 17 percent in Q2/19. The gains were made amidst a 10 percent drop in store traffic and a 21 percent increase in digital orders.