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Walk This Way

Since the onset of the pandemic, walking during free/leisure time has become the most important outdoor activity for consumers. With the world opening up, it looks to continue.

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Footwear Insight

Magazine Archives

Walk This Way

Since the onset of the pandemic, walking during free/leisure time has become the most important outdoor activity for consumers. With the world opening up, it looks to continue.

Read More

A Whole New World

Over the past two years, comfort has been king when it comes to footwear trends. But as the world continues to open up and a “return to the office” starts to impact more and more people, how much ground will style gain back?

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The Balancing Act Continues

As we head into the spring season, independent shoe retailers are continuing their balancing acts: Meeting the needs of eager consumers, while also dealing with a multitude of challenges that continue to impact their businesses.

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Making a Difference

In early March, OrthoLite officially introduced Cirql, the industry’s first EVA plastics-free, recyclable and compostable midsole foam with an end of life solution. It is the first-ever midsole foam innovation from OrthoLite.

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ACBC x Geox; Hari Mari Makes a Point With Cactus Leather

A new sustainable capsule collection of sneakers from Geox, created in collaboration with ACBC, features recycled, bio-based and animal-free materials. And the new HM ECO line from Hari Mari is an eco-friendly, capsule collection of flip flops made with cactus leather and 100% vegan construction.

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Adventurous Design

Ready for adventure? These new standouts from Bass Outdoor, Polyver Sweden and Sperry Sport, are ready to go along for the ride.

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World Footwear Survey: Prices Headed Higher on Moderate Consumption

Global footwear prices are forecast to rise 8.4 percent over the next six months, ranging from a high of a 9.8 percent increase in Europe to a minimum of a 5.7 percent jump in North America...

Read More

On is Growing Distribution Worldwide

The Swiss company On, which reported 68 percent first quarter global sales growth to the equivalent of $235.2 million and realized 86.5 percent topline expansion in North America to $137.9 million, is ratcheting up its distribution with major retailers despite persistent tight supply levels.

Read More

Asics NA Bolstered by Multiple Factors in Q1

First quarter revenue growth of 12.2 percent for ASICS North America was sparked by gains in the performance running and core performance sports categories.

Read More

Wolverine Worldwide Meets Guidance, Re-iterates FY Outlook

Despite persistent supply chain challenges and macro headwinds, Wolverine Worldwide exceeded revenue and earnings per share guidance in the first quarter.

Read More

IN THE NEWS: Vibram, FDRA, Fila, Mizuno, SNIPES

Vibram is aiming to “reignite” its FiveFingers category with the launch of a new digital campaign called “Move Freely.” The campaign is launching globally, and includes a film clip intended to “take the viewer on a cinematic and suspenseful journey of historical discovery.”

Read More

Adidas Strikes Long-Term Partnership with Foot Locker

The Three Stripes, which last week announced a 13 percent constant currency increase in North American revenues to the equivalent of $1.25 billion that included a 20 percent jump in Direct-To-Consumer sales, has entered a three-year partnership with Foot Locker.

Read More

Crocs Focused on $6 Billion in Annual Revenues

The topline objective of $6 billion in annual revenues for Crocs includes $5 billion in sales from the Crocs brand and $1 billion or more from recently acquired Heydude. Crocs is making investments to help push digital to 50 percent of total revenues, and it wants to...

Read More

Footwear Insight

EXTRA Archives

NPD: A Seismic Shift May Be Underway for Footwear Market

In its first quarter review of footwear sales and trends, The NPD Group suggests “a seismic shift” in the industry may be beginning with up-and-coming brands and new styles and technologies gaining traction and top, more established footwear brands showing softness.

Merrell Partners with NetVirta on Shoe-Fitting App

Smartphone 3D body scanning technology creator NetVirta is working with Wolverine-owned Merrell on the beta version of the brand’s new Merrell Shoe Advisor mobile application. The Boston-based technology company’s Verifyt will allow Merrell consumers to utilize an easy, gamified AR-powered...

Rocky Brands Posts Strong Q1 Sales, Profit Gains

Net income for Rocky Brands rose 61 percent to $7,339,000 from $4,492,000 for the period ended March 31 as total sales soared 90.5 percent to $167,025,000 from $87,667,000. But the parent of the Durango and Xtratuf brands, among others, admittedly has work to be done cutting...

Ellesse Collaborates with Michael Kors

Fashion brand Michael Kors is teaming up with heritage sportswear brand ellesse on a ’70s-inspired collab. Launching May 9, the 24-piece ellesse X Michael Kors capsule collection has a luxe, retro athleisure feel, and includes chunky sneakers, logo slides...

In The News: Twisted-X, Chaco, K-Swiss

Twisted-X is collaborating with artist Olivia Bennett on the Olivia Bennett by Twisted X footwear collection. The line will combine Twisted X’s sustainable materials and manufacturing practices with Bennett’s nature-based art.

Survey: Local Shoe Shopping Strongest in West, South

An estimated 70 percent of U.S. consumers living in western states and 44 percent of those who live in the south will shop local stores when buying new footwear this spring.

Skechers Reports 31 Percent Sales Gain in the Americas

Net income for Skechers jumped 23% to $121,223,000 in the first quarter on 27 percent revenue growth to a record $1,819,594,000 versus $1,434,455,000 for the period ended March 31. Skechers’ top and bottom-line gains were accomplished despite a challenging environment in...

Exec Hires at OrthoLite, Darn Tough Vermont, Crocs

Darn Tough Vermont, manufacturer of performance outdoor and lifestyle socks, has promoted Angelica Taylor to Chief Operating Officer. Taylor, who has over a decade of finance experience, spent the last year as Darn Tough’s Vice President of Finance.

Farm to Feet Teams up with ‘Black Folks Camp Too’


Sock brand Farm to Feet has collaborated with the organization Black Folks Camp Too (BFCT) to create a new sock style promoting BFCT’s mission to “remove fear, add knowledge, and invite ‘more’ Black folks to camp, and enjoy the outdoor lifestyle with any and everyone.”

In The News: Under Armour, Saysh

Under Armour is partnering with University of South Carolina basketball star and NCAA player of the year Aliyah Boston. The partnership includes a commitment to increasing access to sport for youth athletes by growing the game of women’s basketball for athletes in...

On is Growing Distribution Worldwide

The Swiss company On, which reported 68 percent first quarter global sales growth to the equivalent of $235.2 million and realized 86.5 percent topline expansion in North America to $137.9 million, is ratcheting up its distribution with major retailers despite persistent tight supply levels.

Read More

Asics NA Bolstered by Multiple Factors in Q1

First quarter revenue growth of 12.2 percent for ASICS North America was sparked by gains in the performance running and core performance sports categories.

Read More

Wolverine Worldwide Meets Guidance, Re-iterates FY Outlook

Despite persistent supply chain challenges and macro headwinds, Wolverine Worldwide exceeded revenue and earnings per share guidance in the first quarter.

Read More

IN THE NEWS: Vibram, FDRA, Fila, Mizuno, SNIPES

Vibram is aiming to “reignite” its FiveFingers category with the launch of a new digital campaign called “Move Freely.” The campaign is launching globally, and includes a film clip intended to “take the viewer on a cinematic and suspenseful journey of historical discovery.”

Read More

Adidas Strikes Long-Term Partnership with Foot Locker

The Three Stripes, which last week announced a 13 percent constant currency increase in North American revenues to the equivalent of $1.25 billion that included a 20 percent jump in Direct-To-Consumer sales, has entered a three-year partnership with Foot Locker.

Read More

Crocs Focused on $6 Billion in Annual Revenues

The topline objective of $6 billion in annual revenues for Crocs includes $5 billion in sales from the Crocs brand and $1 billion or more from recently acquired Heydude. Crocs is making investments to help push digital to 50 percent of total revenues, and it wants to...

Read More

Footwear Insight

EXTRA Archives

Experiential Homefield Retail Concept from Champs Opens

A new retail concept from Champs Sports, part of Foot Locker, Inc., will have its grand opening this weekend in Pembroke Pines, FL. The new store, called Champs Sports Homefield, is the brand's first iteration of its new Homefield concept and the largest of any...

OrthoLite Unveils ESD Shield for Work and Service Footwear

OrthoLite has introduced a new insole technology with the work and service footwear market in mind. OrthoLite ESD Shield is the world’s first and only mechanically-bonded electrostatic discharge protection insole technology.

ASICS Study Demonstrates Positive Link Between Movement and Mental Health

ASICS has released its inaugural global State of Mind Index, which, not surprisingly, confirms that there is a direct positive link between exercise and mental health. The research also indicated that just 15:09 minutes of exercise may be all it can take to begin experiencing a positive uplift...

In The News: Etnies, Hytest

Etnies, the 36-year-old skateboard brand, led by owner and skateboarder Pierre Andre Senizergues, has planted more than two million trees, and sequestered nearly 200 million pounds of carbon over the last two decades.

Report: U.S. Athletic Footwear Sales Rebound in 2021

U.S. athletic footwear sales, after dipping 4 percent during the COVID-19 pandemic year of 2020, grew 20.3 percent last year to more than $19.9 billion, according to the 2022 SFIA Manufacturers’ Sales by Category report from the trade group.

Designer Brands Will Lean on Own Labels for Growth

The parent of the DSW Designer Shoe Warehouse chain and The Shoe Company banner in Canada last week announced a five-year growth strategy that focuses on brand building and leans heavily on its own footwear brands for significant growth.

Zappos Promotes Company Vet to CEO

Scott Schaefer, who has spent nearly 14 years at Amazon-owned Zappos, was named CEO of the company last week. He had been serving as acting CEO since December following the resignation of Kedar Deshpande.

Merrell Aims to Save Footwear from Landfills with ReTread Program

A new sustainability initiative from Wolverine-owned brand Merrell, called This Is Home, is kicking off with a takeback and resale program called Merrell ReTread. Merrell partnered with ReCircled to implement Merrell ReTread, which the brand says will save 300,000 pairs of footwear from landfills.

In The News: KEEN, FDRA, XTRATUF, Kahtoola

As part of its brand mission to “make outside inclusive and accessible to all,” KEEN announced its “Making Waves” partnership with Outdoor Afro, a not-for-profit organization celebrating and inspiring Black connections and leadership in nature...

Inclusivity Trending Up in Retail

After years of consumer advocacy, inclusivity — providing equal access for people who might otherwise be excluded or marginalized — is permeating every aspect of the industry, including not only brands, but also retail, where it impacts internal corporate structures...

On is Growing Distribution Worldwide

The Swiss company On, which reported 68 percent first quarter global sales growth to the equivalent of $235.2 million and realized 86.5 percent topline expansion in North America to $137.9 million, is ratcheting up its distribution with major retailers despite persistent tight supply levels.

Read More

Asics NA Bolstered by Multiple Factors in Q1

First quarter revenue growth of 12.2 percent for ASICS North America was sparked by gains in the performance running and core performance sports categories.

Read More

Wolverine Worldwide Meets Guidance, Re-iterates FY Outlook

Despite persistent supply chain challenges and macro headwinds, Wolverine Worldwide exceeded revenue and earnings per share guidance in the first quarter.

Read More

IN THE NEWS: Vibram, FDRA, Fila, Mizuno, SNIPES

Vibram is aiming to “reignite” its FiveFingers category with the launch of a new digital campaign called “Move Freely.” The campaign is launching globally, and includes a film clip intended to “take the viewer on a cinematic and suspenseful journey of historical discovery.”

Read More

Adidas Strikes Long-Term Partnership with Foot Locker

The Three Stripes, which last week announced a 13 percent constant currency increase in North American revenues to the equivalent of $1.25 billion that included a 20 percent jump in Direct-To-Consumer sales, has entered a three-year partnership with Foot Locker.

Read More

Crocs Focused on $6 Billion in Annual Revenues

The topline objective of $6 billion in annual revenues for Crocs includes $5 billion in sales from the Crocs brand and $1 billion or more from recently acquired Heydude. Crocs is making investments to help push digital to 50 percent of total revenues, and it wants to...

Read More

Footwear Insight

EXTRA Archives

Adidas Strikes Long-Term Partnership with Foot Locker

The Three Stripes, which last week announced a 13 percent constant currency increase in North American revenues to the equivalent of $1.25 billion that included a 20 percent jump in Direct-To-Consumer sales, has entered a three-year partnership with Foot Locker.

Read More

Crocs Focused on $6 Billion in Annual Revenues

The topline objective of $6 billion in annual revenues for Crocs includes $5 billion in sales from the Crocs brand and $1 billion or more from recently acquired Heydude. Crocs is making investments to help push digital to 50 percent of total revenues, and it wants to...

Read More

Short-Term Issues Impacting UA Sales in 2022; New Loyalty Program in the Works

After unveiling a loyalty concept in the Asia-Pacific region, Under Armour reports that it will be introducing a version in North America later this year, as well. (No further details were shared on the new NA loyalty program.)

Read More

BOA Aims to Click with Consumers

BOA Technology, makers of the BOA Fit System, is launching a new global brand campaign and expanding its marketing focus to speak more directly to consumers. Featuring athletes across the brand’s key segments, the campaign shows snowboarders, road cyclists...

Read More

In The News: SOREL x prAna, Retail Imports, Allbirds, Public Lands, DSW, Pearl Izumi, USB

Columbia Sportswear-owned brands SOREL Footwear and prAna have collaborated on a limited-edition footwear and activewear collection that features sustainably driven products, and a design theme “inspired by movement.”

Read More

NPD: A Seismic Shift May Be Underway for Footwear Market

In its first quarter review of footwear sales and trends, The NPD Group suggests “a seismic shift” in the industry may be beginning with up-and-coming brands and new styles and technologies gaining traction and top, more established footwear brands showing softness.

Read More

Merrell Partners with NetVirta on Shoe-Fitting App

Smartphone 3D body scanning technology creator NetVirta is working with Wolverine-owned Merrell on the beta version of the brand’s new Merrell Shoe Advisor mobile application. The Boston-based technology company’s Verifyt will allow Merrell consumers to utilize an easy, gamified AR-powered...

Read More

Rocky Brands Posts Strong Q1 Sales, Profit Gains

Net income for Rocky Brands rose 61 percent to $7,339,000 from $4,492,000 for the period ended March 31 as total sales soared 90.5 percent to $167,025,000 from $87,667,000. But the parent of the Durango and Xtratuf brands, among others, admittedly has work to be done cutting...

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