3+ day, 12+ hour ago   (323+ words) Zumiez Inc. reported a wider loss in the second quarter ended August 1 on a modest decline in sales, reflecting continued weakness in footwear and reduced in-store traffic. Comps were down 2.1 percent. Back-to-school sales have continued to run soft. Results were…...

3+ day, 14+ hour ago   (974+ words) Designer Brands Inc. reported that sales of Topo Athletic jumped 24 percent in the second quarter to pace robust growth across its Branded Portfolio segment. Officials expect the running and trail footwear brand to surpass $100 million in sales next year. Howe…...

3+ day, 19+ hour ago   (202+ words) Rothy’s, Inc. announced that it received a judgment from the U.S. District Court for the District of Delaware that bans rival shoe maker MIA Shoes, Inc. and three retailers, DSW, Stitch Fix and Famous Footwear, from “making, selling, advertising or…...

4+ day, 12+ hour ago   (1092+ words) Most industry watchers believed the trade channel would see a reinvigorated business based on each receiving new allocations of Nike and Jordan product over the last year. It turns out a downturn in lifestyle athletic may trump a Jordan release....

4+ day, 21+ hour ago   (116+ words) Caleres Inc. reported second-quarter earnings that topped guidance, but sales fell short as Famous Footwear’s comps declined 5.9 percent due to a later back-to-school season and weakness in lifestyle athletic footwear. “We’re operating in an environment that remains dynamic, but our…...

4+ day, 20+ hour ago   (190+ words) New Era plans to open a 2,500-square-foot flagship store on London’s Oxford Street in September. The headwear brand operates two flagship stores, including a store in New York City that opened this past April. New Era plans to open a…...

5+ day, 12+ hour ago   (549+ words) UBS in a report said it remains “bullish” on the running footwear category despite investor concerns over a pullback in athletic footwear largely traced to weakness at Nike. Analyst Jay Sole believes Nike’s problems are “company-specific” and not a reflection…...

1+ week, 4+ day ago   (142+ words) Dr. Martens appointed Isadora Versiani, formerly at Marc Jacobs, as global product design director and Nadia Svensson, formerly at Adidas, as global merchandising and product director. Versiani (shown right) has more than 17 years of footwear design experience, including as design…...

1+ week, 5+ day ago   (195+ words) Skunk Skin, a startup making odor-preventing socks, has been acquired by Western Wearhouse, an Atlanta-based retailer specialising in Western-style clothing. Skunk Skin, a startup making odor-preventing socks, has been acquired by Western Wearhouse, an Atlanta-based retailer specialising in Western-style clothing…...

1+ week, 6+ day ago   (392+ words) Truist Securities became the latest investment firm to reduce its stock rating on Nike Inc. as last week’s downward EPS revision by Dick’s Sporting Goods lowered the firm’s expectations around Nike’s recovery. In a note issued last Wednesday, August 26, Joseph…...