The parent of Merrell, Saucony, and 10 other brands, wants to establish $150 million worth of initiatives through a new office of profit improvement with an objective of recognizing at least $65 million worth of savings.

Bolstered by strong category sales gains in Greater China and Oceania during the third quarter, Asics has grown nine-month profitability in its performance run business by 9.6 percent to $316.2 million as segment sales have raced forward by....

There has been no “game-changing” progress in sustainability for the footwear sector, and shoe professionals are equally divided over whether the industry is living up to the increased marketing of sustainable footwear.

U.S. consumers, faced with the pressures of inflation and higher prices, will go holiday shopping, and spend 6-8 percent more than they did in 2021 to more than $943 billion, according to the annual forecast by the National Retail Foundation that was released last week.

Although the company has dropped its annual revenue guidance due to a difficult fourth quarter comparison, Rocky Brands experienced strong third quarter results with solid contributions from its key brands.

Crocs, which raised its annual guidance last week after another strong quarter, is facing a bit of a dilemma in North America, particularly the U.S. market. Elevated footwear inventory levels at retail are pressuring margins.

The battered Three Stripes, in desperate need of a positive game changer for its business, has landed one in the form of outgoing Puma Chairman and CEO Bjorn Gulden, who yesterday was officially announced as the next CEO at Adidas.

The Cat, which last week confirmed its full-year outlook of currency-adjusted mid-teens sales growth and EBIT of €600-700 million ($594-695 million), is moving forward under CEO Bjorn Gulden with a strategy that focuses on managing all short-term challenges to prevent them from...

Hoka, which Deckers Brands intends to transition to a head-to-toe brand serving running, trail, and hiking consumers worldwide, is forecast to grow its annual sales by 50 percent to help its parent reach its overall FY revenue guidance of $3.45-$3.50 billion.

The North Face, along with VF Corp’s outdoor emerging brands in the aggregate, had the strongest sales growth in the third quarter for VFC at 14 percent. TNF’s 14 percent constant currency sales increase (8% on a reported basis) included double-digit growth across all regions and channels.

The fashion footwear business in the U.S. increased by 7 percent year-over-year in the third quarter to an estimated $3.5 billion, but the leisure footwear segment was flat at $5.2 billion, and the performance business declined 6 percent to $2.1 billion for the three months ended Sep. 30.

A new 2.6-million-sq.-ft. Skechers distribution center in Southern California is in its final stage of integration into the company’s existing system and is expected to deliver improved processes and volume for Skechers through 2023.

The Three Stripes, which late last week slashed its full-year guidance for a second time in three months, is now figuring out how to move forward without Kanye West, also known as Ye, who had been the brand’s most prominent endorser for the last nine years.

New research suggests steady growth for the footwear industry globally over the next five years, bolstered by rising sales in China, and an overall increase in both casual offerings and outdoor/rugged footwear sales.

David Baxter, a former Reebok and Lids Sports Group senior executive, is joining Under Armour's executive leadership team as president of the brand’s Americas’ region on Oct. 24.

What’s trending at footwear retail chains across the country? Here’s a glimpse, of sorts, based on news of note from some of the industry’s biggest players.

VF Corp., the Denver-based parent of 12 brands, including The North Face, Vans and Timberland, intends to expand its compounded annual revenue growth rate (CAGR) by mid- to high-single digits by FY27 and raise its annual operating margin to approximately 15 percent by then.

With inventory levels soaring, Nike says it is planning on discounting items to clear inventory. The inventory issue was partly created by late deliveries of spring, summer and fall season products.

Roderer has been Dayton’s dominant family shoe retail name for more than a century. We talk shop with Mike Roderer of Roderer Shoes, Inc.

An estimated 73 percent of shoppers could be watching their spending more closely this holiday season compared to last year, according to a recent 4over survey of more than 1,000 U.S. consumers.

The British retailer JD Sports, which currently operates 101 stores under its nameplate in the U.S. and intends to open a flagship store in Chicago over the next six months, suffered a 4.2 percent decline in H1 revenues in the region to the equivalent of $1.39 billion.

Columbia Sportswear unveiled fresh financial targets to analysts last week. Footwear, digital and growth outside the U.S. are key components of a strategy that the company is promising will increase its compound annual growth rate (CAGR) by 9 to 11 percent between FY22 and FY25 to...

Sporting goods chain Olympia Sports, founded in 1975, announced in late July that it would liquidate and close its final 35 doors. And a recent bankruptcy filing has revealed more insight into what led to the retailer’s demise.

Active lifestyle retail chain Zumiez realized an 85 percent drop in second quarter operating profit to $5.0 million from $32.0 million for the period ended July 30. Ebit was down by 83 percent to $5.5 million as net income came in 87 percent lower year-over-year at $3.1 million versus $24.0 million.

The Designer Brands-owned retailer DSW, which experienced a 40 percent year-over-year increase in sales of its own brands in Q2, is working with top branded partners to go narrower and deeper with their respective assortments.