Latest Print Issue

Power in Partnership

Relationships make the world go round. And for brands and retailers in today’s challenging and rapidly evolving marketplace, reliable business relationships are more important than ever. Here, we shine a light on 16 different brands that independent retailers have told us are “powerful partners.”

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Footwear Insight

Magazine Archives

The Importance of Wellness

With wellbeing top of mind, we explore how standout brands highlight health and happiness in their footwear.

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Lines We Like: What’s Next?

Brands continue to impress, adding new details — from eco to performance tech — to upgrade tried and true offerings.

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Going Public: On and Allbirds

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...

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A Perfect Storm: No End in Sight for Supply Chain Issues

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.

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Power in Partnership

Relationships make the world go round. And for brands and retailers in today’s challenging and rapidly evolving marketplace, reliable business relationships are more important than ever. Here, we shine a light on 16 different brands that independent retailers have told us are “powerful partners.”

Read More

10 Year Valentine

Summer Allen, celebrating a decade in business as the owner of women’s boutique Valentine Footwear, chats with us about her love of independent retail, why she loves sales reps, and the joys and challenges of today’s retail environment.

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FDRA Survey Says: Higher Footwear Prices on Horizon

Numerous factors are contributing to the likelihood of higher retail footwear prices in 2022. Those considerations include higher operating costs, port backlogs, the tight labor market, and projections of higher landed costs for footwear.

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Banner, Assortment, Exec Changes Underway at Foot Locker

Much is on the move at Foot Locker, and all of it will bring noticeable change in 2022 for the global athletic specialty retailer. Ahead of its Q3 earnings’ announcement Friday, Foot Locker disclosed several changes within its executive suite, including...

Read More

Shoe Carnival Ramping Up Renovations, Expansion

Shoe Carnival, the 377-door family footwear chain, coming off the best quarterly results in its 43-year history, says it will modernize 90 percent of its fleet by 2025 and commence an annual store opening strategy of 10 or more doors starting in 2023. A return to net new store growth begins in 2022.

Read More

Famous Footwear Testing Catalog

Caleres-owned retailer Famous Footwear, which generated an 11 percent increase in Q3 sales from Q3/19 to nearly $494.7 million, is testing a catalog with consumers for the first time this week.

Read More

In The News: Tretorn, La Sportiva, OrthoLite, Reebok, REEF

Tretorn is sending a message with its latest bot offerings. The brand’s new “Sea Level Re-Boot” rain boots are made from sustainable and recycled materials, and they each have a printed measuring stick on the back of the boot that indicates how high the sea is expected to...

Read More

Adidas Acts on Supply Woes

Despite having its contracted footwear and apparel factories up and running last week at nearly 70 percent capacity, The Three Stripes estimates it will lose a capacity of approximately 100 million units total in H2/21. It estimates its Asian factories will be at 85 percent capacity by month’s end.

Read More

Fleet Feet’s Pointer Talks JackRabbit

As reported last week, Fleet Feet is acquiring JackRabbit in a deal that will result in a national, omnichannel running specialty business of more than 250 doors under a Fleet Feet single banner. Here, Fleet Feet President & CEO Joey Pointer answers five quick questions about the acquisition.

Read More

Footwear Insight

EXTRA Archives

Fleet Feet Acquiring JackRabbit from PE Firm

In a move heard round the run industry last week, Fleet Feet announced that it is acquiring JackRabbit. The transaction, expected to close early next month, will end CriticalPoint Capital’s nearly four-year investment in athletic/run specialty retail with JackRabbit and create a...

Retailers Give Mixed Review to Latest Actions in Washington

The globe’s largest retail trade group, The National Retail Federation, has offered a mixed review of two key Biden Administration, Capitol Hill moves over the last week. The House passage of a $1.2 trillion bipartisan infrastructure bill Friday night was lauded by the NRF...

Brooks Makes It Eight Straight

Brooks reported an eighth consecutive period of higher sales in the third quarter ended Sept. 30. The Berkshire Hathaway-owned running brand said it’s benefitting from distinctive products, premium brand positioning, strong multi-channel distribution, digital engagement and...

ASICS’ Nine-Month Performance Running Sales, Profitability Soar

ASICS’ global performance running shoe sales jumped 38 percent in Japanese yen to the equivalent of $1.48 billion for the nine months ended Sep. 30. Segment profitability was up 97 percent over the period to the dollar equivalent of $353.2 million.

Outdoor Trade Group Launches IndieOutdoor

Ahead of this week’s Grassroots Connect buying show in Kansas City, Grassroots Outdoor Alliance announced the launch of IndieOutdoor, a 501(c)(6) non-profit trade association that it says will deliver real-time sales data, local marketing support and a united national voice...

In The News: Baffin, Hood Rubber Company, Columbia, Rocky Brands

Baffin has introduced Yellowknife, a $150 men’s and women’s winter boot designed and manufactured in Stoney Creek, Ontario. An homage to Baffin's Canadian heritage and the country’s unpredictable climate, Yellowknife boots were created to be adaptable...

Under Armour Turnaround Taking Hold Despite Industry Challenges

Under Armour shares soared more than 16.3 percent yesterday, or $3.59, after the company reported Q3 results where revenues and EPS exceeded projections. North American revenue was 8 percent higher to $1 billion due to improving brand health and stronger-than-expected Back-to-School and DTC sales.

Puma Continues to Roar

Through the first nine months of 2021, The Cat’s North American sales are up 59 percent. The regional topline slowed to a 23 percent increase in Q3 after jumping 41 percent in Q1 and 158 percent in Q2. Overall, the company’s year-to-date global sales are up 39 percent to $5.8 billion...

Skechers Sees Higher Freight Costs Keeping Gross Margins Flat

For Skechers, higher Average Selling Prices (ASPs) being generated by the brand will be eaten up by higher freight costs this year, company management said last week. The brand is projecting the severe supply constraints it experienced in Q3 to continue for the remainder of FY21 and...

Deckers Taking Actions to Combat Global Supply Chain Disruptions

Senior executives at Deckers Brands, the UGG, HOKA and Teva parent, told investors last week that approximately 45 percent of company inventory was in transit at the end of September versus 20 percent typically.

Banner, Assortment, Exec Changes Underway at Foot Locker

Much is on the move at Foot Locker, and all of it will bring noticeable change in 2022 for the global athletic specialty retailer. Ahead of its Q3 earnings’ announcement Friday, Foot Locker disclosed several changes within its executive suite, including...

Read More

Shoe Carnival Ramping Up Renovations, Expansion

Shoe Carnival, the 377-door family footwear chain, coming off the best quarterly results in its 43-year history, says it will modernize 90 percent of its fleet by 2025 and commence an annual store opening strategy of 10 or more doors starting in 2023. A return to net new store growth begins in 2022.

Read More

Famous Footwear Testing Catalog

Caleres-owned retailer Famous Footwear, which generated an 11 percent increase in Q3 sales from Q3/19 to nearly $494.7 million, is testing a catalog with consumers for the first time this week.

Read More

In The News: Tretorn, La Sportiva, OrthoLite, Reebok, REEF

Tretorn is sending a message with its latest bot offerings. The brand’s new “Sea Level Re-Boot” rain boots are made from sustainable and recycled materials, and they each have a printed measuring stick on the back of the boot that indicates how high the sea is expected to...

Read More

Adidas Acts on Supply Woes

Despite having its contracted footwear and apparel factories up and running last week at nearly 70 percent capacity, The Three Stripes estimates it will lose a capacity of approximately 100 million units total in H2/21. It estimates its Asian factories will be at 85 percent capacity by month’s end.

Read More

Fleet Feet’s Pointer Talks JackRabbit

As reported last week, Fleet Feet is acquiring JackRabbit in a deal that will result in a national, omnichannel running specialty business of more than 250 doors under a Fleet Feet single banner. Here, Fleet Feet President & CEO Joey Pointer answers five quick questions about the acquisition.

Read More

Footwear Insight

EXTRA Archives

Who Is Driving Athletic Footwear Sales?

They may not be the subjects of glitzy ad campaigns from the sneaker giants, but the aging Baby Boomer set is buying up athletic footwear at a record pace. Consumers, aged 71+ and most flush with plenty of disposable income, have spent more than 50 percent more in dollars on athletic shoes...

Crocs Pivots Away from Potential Supply Chain Pitfalls

Clearly wanting to avoid any scenario that could negatively affect its current hot streak, Crocs is moving an unspecified percentage of its production out of COVID-19-impacted Vietnam to China, Indonesia and Bosnia.

Product Spotlight: Veja x Vibram, Blundstone, inov-8

This week we put three new product launches under the spotlight: a Veja x Vibram collab, vegan boots from Blundstone and a “supercharged” hiking boot from inov-8.

In The News: HOKA, Allbirds, Mizuno

HOKA has signed a multi-year agreement to be the premier level footwear and apparel partner of the UTMB World Series. The new global trail running series is set to launch in 2022 with events held across six continents, including at least four events in...

Trade Groups Demand Immediate Solutions to Shipping Crisis, Shoe Price Spikes

Everything is up—retail footwear prices, inflation, and supply chain bottlenecks—and that’s not good news for consumers or the shoe industry. Steve Lamar, President and CEO of the American Apparel & Footwear Association (AAFA) fired off a...

Exec News: Asics NA Promotes Richard Sullivan to CEO

Richard Sullivan will retain his president title and role at Asics North America as he ascends to the CEO position, which had been vacant since Koichiro Kodama left the role last year to become a managing executive officer of Asics Corp. last year.

Early Holiday Forecast: Sales Will Soar

This holiday season, brick-and-mortar store sales are expected to rise 7.9 percent and contribute nearly 72 percent of the season’s growth as total U.S. holiday sales surpass $1 trillion for the second time ever with a 9.0 percent overall growth rate.

Footwear Brands Weigh in on Sustainability

The Footwear Distributors and Retailers of America released its new 2021 Sustainability Benchmark Report, which surveyed more than 100 shoe professionals about what their companies were doing, measuring, and focused on when it comes to sustainability.

In The News: K-Swiss, Vuori, Foot Locker, Nike

K-Swiss has released its third limited edition collection with Venus Williams. The Retro by Eleven x K-Swiss line features more than a dozen pieces of ’70s-inspired active apparel as well as footwear, including the $80 K-Swiss Tubes Comfort 300 x Eleven by Venus Williams style.

Something to Quack About: Footwear from Canada Goose

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.

Banner, Assortment, Exec Changes Underway at Foot Locker

Much is on the move at Foot Locker, and all of it will bring noticeable change in 2022 for the global athletic specialty retailer. Ahead of its Q3 earnings’ announcement Friday, Foot Locker disclosed several changes within its executive suite, including...

Read More

Shoe Carnival Ramping Up Renovations, Expansion

Shoe Carnival, the 377-door family footwear chain, coming off the best quarterly results in its 43-year history, says it will modernize 90 percent of its fleet by 2025 and commence an annual store opening strategy of 10 or more doors starting in 2023. A return to net new store growth begins in 2022.

Read More

Famous Footwear Testing Catalog

Caleres-owned retailer Famous Footwear, which generated an 11 percent increase in Q3 sales from Q3/19 to nearly $494.7 million, is testing a catalog with consumers for the first time this week.

Read More

In The News: Tretorn, La Sportiva, OrthoLite, Reebok, REEF

Tretorn is sending a message with its latest bot offerings. The brand’s new “Sea Level Re-Boot” rain boots are made from sustainable and recycled materials, and they each have a printed measuring stick on the back of the boot that indicates how high the sea is expected to...

Read More

Adidas Acts on Supply Woes

Despite having its contracted footwear and apparel factories up and running last week at nearly 70 percent capacity, The Three Stripes estimates it will lose a capacity of approximately 100 million units total in H2/21. It estimates its Asian factories will be at 85 percent capacity by month’s end.

Read More

Fleet Feet’s Pointer Talks JackRabbit

As reported last week, Fleet Feet is acquiring JackRabbit in a deal that will result in a national, omnichannel running specialty business of more than 250 doors under a Fleet Feet single banner. Here, Fleet Feet President & CEO Joey Pointer answers five quick questions about the acquisition.

Read More

Footwear Insight

EXTRA Archives

Adidas Acts on Supply Woes

Despite having its contracted footwear and apparel factories up and running last week at nearly 70 percent capacity, The Three Stripes estimates it will lose a capacity of approximately 100 million units total in H2/21. It estimates its Asian factories will be at 85 percent capacity by month’s end.

Read More

Fleet Feet’s Pointer Talks JackRabbit

As reported last week, Fleet Feet is acquiring JackRabbit in a deal that will result in a national, omnichannel running specialty business of more than 250 doors under a Fleet Feet single banner. Here, Fleet Feet President & CEO Joey Pointer answers five quick questions about the acquisition.

Read More

Globe’s Largest Footwear Maker Impacted by COVID Closures, Weak Retail Sales

Yue Yuen generated a 3.2 percent increase in footwear manufacturing revenue to slightly more than $3.2 million as it shipped 179.0 million pairs for the nine months ended Sep. 30 on solid demand.

Read More

Factory Closures Impact Merrell’s Q3 Topline

Despite an “extremely strong order book,” Merrell may endure continuing impacts from factory shutdowns in Southern Vietnam until Q2/22, senior executives at parent Wolverine Worldwide told analysts last week.

Read More

Financial Updates: On, Fila, Mizuno

On, which filed an IPO in September, reported its first results as a public company yesterday. Third quarter sales for the Swiss company hit a record 218.0 million Swiss Francs ($234.2 million) and the brand’s Direct-To-Consumer segment sales increased...

Read More

In The News: Erem, Salomon, Iron Age

The new footwear brand Erem, from the family that founded Timberland, is officially launching this week with a line of “Biocircular” Desert Hiking Boots that are “high on performance and low on environmental impact.”

Read More

Fleet Feet Acquiring JackRabbit from PE Firm

In a move heard round the run industry last week, Fleet Feet announced that it is acquiring JackRabbit. The transaction, expected to close early next month, will end CriticalPoint Capital’s nearly four-year investment in athletic/run specialty retail with JackRabbit and create a...

Read More

Retailers Give Mixed Review to Latest Actions in Washington

The globe’s largest retail trade group, The National Retail Federation, has offered a mixed review of two key Biden Administration, Capitol Hill moves over the last week. The House passage of a $1.2 trillion bipartisan infrastructure bill Friday night was lauded by the NRF...

Read More

FOOTWEAR INSIGHT INDEX

With the second quarter closing next week, ominous signs remain for the U.S. economy in this persistent pandemic environment as the number of active U.S. cases rose for a 10th straight day on June 22 to 1.26 million and 23 states reported increases in the number of cases. The Congressional Budget Office estimates the U.S. economy will generate $8 trillion less in economic activity over the next decade than it predicted months ago. And a report in The Atlantic suggests four factors — a great business die-off, the household fiscal cliff, state and local budget shortfalls and the persistent pandemic crisis — put the U.S. risk for a depression. Amid this backdrop, the Dow generated nearly 59 percent of its weekly 261.80-point gain for the week on the period’s final day, June 22. The action helped the Dow post a 1.02 percent increase for the period, about even with the Segment’s 1.06 percent increase as 12 stocks rose and eight declined. Aside from Mizuno, which benefited from currency effects, Nike and Deckers were the period’s biggest gainers. The Swoosh received four stock price target hikes from investment banks ahead of its scheduled fourth-quarter earnings report on June 25. Meanwhile, Nike and Puma are merging running technology and style into styles for the golf course, including The Cat’s RS-G and The Swoosh’s Air Max 270. Shoe Carnival reported that its 389 re-opened U.S. and Puerto Rico stores experienced a 28.1 percent rise in second quarter comparable store sales through  June 22, with brick-and-mortar up 4.0 percent and e-commerce gaining nearly 470 percent year-over-year. Under Armour Founder Kevin Plank has sold his Washington, D.C. mansion for $17.3 million after a reported two years on the market at a 41 percent discount from his 2018 asking price of $29.5 million. — Bob McGee 
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

INDEX: 123

1.06%

Weekly Review

Company name
(Ticker Symbol)

% Change over week
Price 06/15/20 • Price 06/22/20

ASICS Corp.
7936.T

0.35%

$11.38 • $11.34

Boot Barn
BOOT

1.09%

$22.84 • $22.59

Crocs
CROX

2.46%

$31.71 • $32.49

Designer Brands
DBI

4.49%

$7.13 • $6.81

Genesco
GCO

6.41%

$22.51 • $20.73

Mizuno
8022.T

14.12%

$18.41 • $21.01

Puma
PMMAF

1.65%

$72.90 • $74.10

Shoe Carnival
SKVL

0.26%

$27.02 • $27.09

Steve Madden
SHOO

0.13%

$23.30 • $23.33

VF Corp.
VFC

0.82%

$63.12 • $62.60

Company name
(Ticker Symbol)

% Change over week
Price 06/15/20 • Price 06/22/20

Adidas
addyy

0.72%

$132.53 • $133.49

Caleres
CAL

5.71%

$8.58 • $8.09

Deckers
DECK

3.71%

$193.55 • $200.73

Foot Locker
FL

0.99%

$29.23 • $29.52

GEOX
GEO.MI

4.49%

$0.89 • $0.85

Nike
NKE

1.72%

$97.83 • $99.51

Rocky Brands
RCKY

2.74%

$20.78 • $20.21

Skechers
SKX

5.66%

$33.20 • $31.32

Under Armour
UAA

3.55%

$9.86 • $9.51

Wolverine
WWW

0.26%

$23.08 • $23.14

TOTAL
Week over week

1.06%

$849.49 • $858.46