November/december 2022 Issue

The Gold Medal Service Awards 2022

Customer service is at the heart of what makes independent footwear stores special. The best stores not only know how important customer service is, they also know how to deliver it.

Past Magazine Features

Red Hot Recovery

The recovery category is expanding and evolving. We spotlight new products and ask execs “what makes a ‘recovery shoe’ to you and who needs to own one?”

Better Together

There is power in partnership. For independent retailers, partnerships with brands are particularly powerful. And for brands committed to supporting the independent retail channel, those partnerships are equally as vital.

Sustainability Stories from Around the Industry

Highlighting new products with an eco-focus, including a gamechanger from ASICS, a clever campaign from Red Wing and LâMO’s sustainable capsule.

Old School Retail Success

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.

How Retailers Can Find the Right Vendors

Managing a profitable retail footwear business requires merchandising the right vendor partners. Selecting them is part art and part science. However, with proper attention to the details and by conducting research and seeking input from others...

Dressed Up Comfort

Consumers have decided that now is the time to refresh their wardrobes and purchase new shoes for weddings, parties, excursions and work. The best new styles fuse fashion and comfort as customers seek more formal options.

Work & Play

Performance. Sustainability. Athletic. Feature-Rich. Innovative Comfort. These are some of the buzzwords that jump off the page when looking at the latest work and outdoor boot offerings. Where is innovation happening right now in the boot category?

Hiring Advice from the Shop Floor

Securing new employees hasn’t been an easy task for years, well before the start of the Covid-19 pandemic. Low unemployment rates and high demand for able, qualified bodies in a multitude of industries has given potential new hires leverage...

Magazine Archives

We believe in the foundation and success of independent specialty brick-and-mortar stores.

Shopping is not just about commerce. There’s something called the in-store experience. The touching and feeling of product. The sit-and-fit process. The curated assortment and exciting impulse purchases. The trusted service after the purchase. And, the customer’s immediate gratification.

We cover news, trends and analysis of key markets that are most profitable to retailers.

VF Corp. Changes Leadership, Lowers Outlook Again

The North Face, Timberland and Vans parent has slashed its fiscal year outlook for the second time in five weeks and named two directors to lead the company on an interim basis following the retirement of Steve Rendle, Chairman, President and CEO of VF Corp.

Top Takeaways from The Running Event

The running specialty community headed to Austin, TX, last week, with more than 3,200 specialty retailers, brands and industry professionals attending The Running Event for the three-day event that included a day of conference sessions and a two-day trade show with 279 exhibiting companies.

Designer Brands: Consumers Increasingly Focused on Value

The Designer Shoe Warehouse (DSW) parent is seeing more of its customers focused on value, and says it’s prepared to meet their product needs in a current, heavily inventoried marketplace that has vendors competing against it with their respective Direct-To-Consumer channels.

Journeys’ Customers Buying Habits Changing

Parent Genesco experienced a sharp acceleration in sales within Journeys during the key Back-To-School period of August and early September with customers purchasing fashion, athletic and casual footwear offerings. Casual “outstripped the growth” in fashion athletic.

In the News: Fleet Feet, Goodmiles Running Company, Nike, Zumiez

Fleet Feet has been named to Inc.’s 2022 Best in Business list for “making an extraordinary impact in its community.” The third-annual list recognizes private companies putting purpose ahead of profit. Fleet Feet was honored in the Retail category.

mōshn® is the most comfortable shoe for people on the move. Found in a variety of stylish uppers, mōshn® features Dynamic Motion Technology™, a new technology that works holistically with your foot to stabilize your heel and naturally move you forward.

Read More

FOOTWEAR INSIGHT INDEX

Week of December 7 2022: 212

The Dow and The Footwear Segment were each essentially flat during the first full week after the Thanksgiving holiday break. The Dow gave back nearly 483 points on the period’s final day over fears that more Federal Reserve interest rate hikes are on the horizon to end up 97.64 points, or 0.28 percent, for the week. The 482.78-point decline on Dec. 5 marked the Dow’s worst daily performance in a month.

As for The Footwear Segment, it ended up 0.40 percent for the week with 12 stocks gaining and eight falling. VF Corp. joined Designer Brands and Genesco as the biggest decliners on a percentage basis. The four largest gainers on a percentage basis were: Puma, Asics, Skechers and Crocs. —Bob McGee

Company name
(Ticker Symbol)

% Change over week
Price 11/28/22 • Price 12/5/22

ASICS Corp.
7936.T

5.41%

$21.46 • $22.62

Boot Barn
BOOT

4.41%

$62.77 • $65.54

Crocs
CROX

4.53%

$93.84 • $98.09

Designer Brands
DBI

30.15%

$15.16 • $10.59

Genesco
GCO

17.01%

$52.66 • $43.70

JD GROUP
JD.L

5.07%

$150.46 • $158.09

Nike
NKE

4.44%

$104.96 • $109.62

Rocky Brands
RCKY

3.04%

$26.98 • $27.80

Skechers
SKX

5.03%

$39.75 • $41.75

VF Corp.
VFC

8.95%

$32.41 • $29.51

Company name
(Ticker Symbol)

% Change over week
Price 11/28/22 • Price 12/5/22

Adidas
addyy

2.90%

$62.34 • $64.15

Caleres
CAL

6.11%

$24.04 • $22.57

Deckers
DECK

1.66%

$383.48 • $377.10

Foot Locker
FL

1.40%

$38.65 • $39.19

GEOX
GEO.MI

2.33%

$0.86 • $0.88

Mizuno
8022.T

3.09%

$20.69 • $21.33

Puma
PMMAF

7.87%

$50.70 • $54.69

Shoe Carnival
SCVL

1.65%

$25.48 • $25.06

Under Armour
UAA

2.53%

$9.90 • $9.65

Wolverine
WWW

3.56%

$10.96 • $10.57

TOTAL
Week over week

0.40%

$1,227.55 • $1,232.50

The Footwear Insight Index tracks 20 of the most important publicly traded companies that have a substantial footwear business (6 retailers, 14 brands). Index base of 100 is key to the closing prices of 12/29/17

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