Kathy Gates has followed her heart, her family, and her passions since her birth in Huntington Beach, CA. But it wasn’t until 2010 when she landed in the Heart of America, also known as Kansas City, MO, that she finally found her true calling.
Chiappetta Shoes, a mainstay in the Kenosha, Wisconsin retail community for 102 years, moved into a new store location on February 13th after four years of planning for the expansion.
Saddled with a bloated inventory level and softer sales trends in April and May, Foot Locker reported lower Q1 operating income and sales levels last week and simultaneously reduced its full-year outlook for revenues and gross margin.
JD Sports, the publicly traded British parent of Finish Line, Shoe Palace and DTLR, besides its namesake nameplate, intends to open 500 to 600 new JD Sports stores in North America over the next five years...
Anne Cavassa has left her role as Saucony brand president after five years in the position. The process of naming a successor is underway, Wolverine World Wide president, CEO and director Brendan Hoffman said during the company’s Q1 earnings call.
The USA operating unit of South Korea’s Fila Holdings Corp. is currently forecasting a FY23 consolidated operating loss for the region in the range of $67.3 to $82.2 million, up from a prior forecast of a $59.8 to $67.3 million loss.
The Japanese brand Asics, which reported its largest Q1 sales quarter ever last week, has established a turnaround plan for its North American operating unit that reported an operating loss equivalent to $2.54 million despite 24 percent revenue growth in Japanese yen to $192.2 million.
On Holdings, the publicly traded Swiss company is expanding its direct reach to U.S. consumers later this year through the opening of new brand stores in Williamsburg, VA, and Miami, FL.
Blanca Gonzalez, a 19-year veteran at Nike Inc., who most recently served as VP of North America Product Merchandising, is moving to Foot Locker, Inc. She will begin as SVP/GMM of WSS, the neighborhood-based retailer acquired by Foot Locker in 2021, on May 15.
The Three Stripes suffered a 20 percent, constant-currency decline in North American Q1 sales to $1.3 billion and an operating loss equivalent to $50.7 million.
Dubbing the effort, ‘Protect This House 3’ or ‘PTH3’ for short, Under Armour under new CEO Stephanie Linnartz intends to focus on brand, product and the U.S. market going forward with particular attention on footwear...
K-Swiss is looking to make its mark in the Formula 1 world, with the launch of a product collab with McLaren Racing. K-Swiss Tubes shoes are the official 2023 team footwear for all McLaren Racing mechanics, engineers, and VIP staffing.
Authentic Brands Group is teaming with Global Citizen, an international advocacy organization, on an initiative it says is designed to “encourage consumers to activate their purchasing power and drive change toward the most urgent issues facing humanity and the planet.”
Markets outside the U.S. are forecast to generate Crocs’ highest FY23 revenue growth rates and help the group deliver 11 to 14 percent reported sales expansion this fiscal year to a range of $3.95 to $4.05 billion.
Facing both a difficult year-over-year comparison and broad industrywide “inventory congestion,” Skechers saw an 18 percent decline in U.S. wholesale business in Q1 ended March 31.
Runners who are training for that next big race require discipline and the ability to weather the elements and stay the course. The same goes for retailers. Here, specialty running retailers dish on business, brands and more.
Stan’s Fit For Your Feet, a Milwaukee independent footwear retail institution, rebranded its two New Balance Milwaukee stores as Goodmiles Running Company, establishing a new foothold in the retail run specialty segment.
After years of seeing web searches and spell check wrongly put a ‘t’ in the middle of the company’s name, Skechers now has one in actor and former wrestler Mr. T, who has been added to the brand’s roster of athlete and celebrity endorsers.
A multi-year sponsorship between Dick’s Sporting Goods and the Boston Athletic Association (B.A.A.), which commenced with the running of the 127th Boston Marathon on Monday, makes the full-line retailer the official retail sponsor of B.A.A. events.
Among all upper income teens, Hoka and On were ranked the fourth and fifth favorite athletic footwear brands in Piper Sandler’s semi-annual Generation Z survey of U.S. teenagers. Among all teenagers, Hoka and On were the 12th and 19th most popular athletic footwear brands.
Efforts by brands and retailers to clear out aging inventory in the market has pushed discount penetration in the U.S. sneaker market up 9.1 percent year-to-date and up by an average of 29.5 percent over the last two quarters, according to the USA Sneaker Market Index from Centric Pricing.
Retail Sales will increase by 4 to 6 percent in 2023 to between $5.13 trillion and $5.23 trillion, according to a National Retail Federation projection.
Six months into her tenure on the job, Foot Locker President and CEO Mary Dillon is spearheading numerous changes at the international retailer in its renewed effort to capture a larger slice of the $80 billion sneaker market and perhaps a healthy piece of the broader casual footwear market.
Fila USA, the operating subsidiary of Korea-based Fila Holdings Corp. will focus on lowering its inventory levels and a cost restructuring effort this year to help it build a solid foundation for growth and meeting the objectives of its five-year strategic plan.
Footwear chain Shoe Carnival, which intends to surpass 400 stores this year and 500 by 2028 through a combination of organic growth and targeted store acquisitions, reported a continued customer shift to non-athletic footwear categories in Q4.