While overall U.S. footwear sales declined 56 percent year-over-year in April to $1.2 billion, there were some bright spots for the sector, according to the NPD Group.Decker Brands-owned Hoka One One and On Running each posted strong sales gains to help the performance category perform better...
Emerging consumer behaviors and values born out of the COVID-19 crisis bode well for the parent of Vans, The North Face, Timberland and Dickies brands, the company says. So with an eye toward possible acquisitions post-pandemic, further revenue growth from Direct to Consumer sales and maintaining...
The COVID-19 pandemic is hitting smaller running brands harder, and 40 percent of all running brands “don’t think they will survive” if the crisis stretches into the third quarter and beyond. These are among the findings in the Running Industry Association’s COVID-19 Brand Survey where...
After months indoors, consumers are eager to get outside. At the same time, outdoor companies are operating in a new normal. What do consumers want from brands and how are brands strategizing for 2020 and beyond?
In a move that it says will “transform how youth sports organizations order uniforms for their participants,” Pop Warner Little Scholars, Inc. has “dramatically simplified the process” by introducing its own brand of custom-designed tackle football, flag football and cheerleading uniforms.
As stores face challenges during the coronavirus pandemic, brands have been tasked with building partnerships that help their independent retail network adapt.
As retailers open back up, masks are going to play a big role — and BOCO Gear is ready. Known for its endurance gear such as hats and accessories, Boulder, CO-based BOCO Gear began reacting to the COVID-19 epidemic back in January, when the brand started...
Annual Americas’ sales rose 7.8 percent in yen to the equivalent of $177.4 million for Japanese brand Mizuno, which attributed the topline growth from its running and golf equipment segments.
Under Armour President and CEO Patrik Frisk thinks overriding “rebalancing” strategies amid the COVID-19 pandemic will focus on everything from inventory levels and distribution focus to further rationalization of overall U.S. brick-and-mortar store space.
On top of its other donations, Nike has committed to donating more than 140,000 pieces of footwear, apparel and gear to healthcare workers in the U.S. and Europe. Working with nonprofit Good360 stateside and with local organizations in Europe, the...
Seattle-based Brooks Running is gearing up for a second shoe giveback to healthcare workers. After a 10,000-pair giveaway on April 2 evaporated in 45 minutes, the athletic brand is expanding: For every purchase of a pair of select Brooks models, including the Glycerin 18 and...
With more than 70 percent of its global stores still shut this week, Adidas is in the midst of reshaping its business model with strategies for a “new normal.” Those actions: Repurposing and liquidating existing inventories; accelerating a focus on digital as the Three Stripes eyes...
Forecasting a “very challenged” U.S. retail market in April and bracing for the second quarter to be its “most challenging” period of 2020, Wolverine Worldwide continue to modify its operational structure and business plans following a first quarter where overall revenues dipped...
Ferndale, WA-based Superfeet is debuting new options to support its retail partners as they remain shut under stay-at-home orders. The firm says it is offering drop-ship capabilities to consumers free of charge for stores who don’t want or are unable to ship inventory...
The Swoosh remains the top footwear brand of teens, gaining 600 basis points year-over-year to a 47 percent share, according to Piper Sandler’s “Taking Stock With Teens Survey” for Spring 2020.
Industry brands continue to respond to the COVID-19 pandemic with assistance in a variety of ways.
Boston-based New Balance said it was producing face mask prototypes in its Lawrence, MA factory and hoped to scale production to include its other New England factories soon.
Citing ongoing developments in Europe and the rest of the world, Vibram late last week decided to temporarily suspend production at its Albizzate, Italy facility for at least a week, and to close Vibram stores in Milan and Montebelluna, Italy and Boston.
In an increasingly digital, inside world prompted by the global spread of COVID-19, Nike senior executives say the company has formulated a strategy out of its business experience with the pandemic in China.
In reporting FY19 results earlier today, the Three Stripes confirmed its FY20 outlook of 6 to 8 percent currency-neutral growth, and affirmed that the temporary challenges from the coronavirus will impact first quarter revenues and profitability by $500 million or more.
Cole Haan, the 92-year old Greenland, NH company headed by CEO Jack A. Boys, a former Converse and The North Face senior executive, has reportedly decided to delay its initial public offering.
When Jim Fox stepped into the CEO position at Dansko on the first of the year, he knew he was filling big shoes.
What led Camuto Group, the 17-year-old footwear design and production house, to divest itself in early November for $375 million to a consortium led by DSW and Authentic Brands Group?
In mid-November, Nike opened up a new flagship in NYC on Fifth Avenue and 52nd Street. The store is called “House of Innovation 000.” We stopped by to see what’s inside.
New Balance has finally punched its re-entry ticket into the NBA, signing Toronto Raptor and former Brand Jordan endorser Kawhi Leonard to a multi-year endorsement contract reportedly valued at more than $5 million annually.
Textured leathers, cozy teddy-bear linings and lots of sparkle and shine are on tap at FFANY, going on this week in New York City. The FFANY Shoe Expo is taking place at Warwick Hotel and Academy Mansion, with FFANY Market Week also spreading out across brand showrooms throughout Manhattan.
Caleres, the Famous Footwear parent, which acquired Vionic for $360 million in mid-October, believes Vionic possesses significant growth potential in the premium comfort segment for men and women.
Altra has hired Todd Dalhausser as brand president, effective immediately. Dalhausser joins the VF Corp.-owned Altra from Wolverine World Wide, where he served as SVP of sales for Saucony North America.
Brooks just closed a stellar third quarter, one that saw global revenues rise 29 percent, driven by a 32 percent increase in footwear. The Seattle-based company continued to thrive in the challenged U.S performance running market, taking share to hit the second market position in the category.