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News
Portuguese Footwear Association APICCAPS Joins Leaders at United Nations to Discuss a Changing Industry
2+ day, 13+ hour ago (292+ words) The event was held at the UN headquarters in New York on Thursday. Executives representing Portugal’s footwear and fashion industries appeared at the United Nations headquarters in New York on Thursday in tandem with New York Fashion Week. During Thursday’s…...
Famous Footwear Sees Sales Gains From Jordan, Birkenstock, Brooks and More as Lifestyle Athletic Shoes Disappoint
4+ day, 15+ hour ago (315+ words) The CEO noted that these brands saw more interest due to its fashion footwear business strengthening in the quarter. Like Foot Locker and JD Sports, Famous Footwear met the same fate in the second quarter, taking a hit in sales…...
Helly Hansen Sees Big Opportunity in Work Footwear, Plots Move Into Outdoor
1+ week, 2+ day ago (566+ words) Footwear already composes about 20 percent of the business in the work segment. Norwegian brand Helly Hansen is growing its work footwear business and launching outdoor shoes in China next year. In the brand’s workwear segment, shoes are already about 20 percent…...
Genesco CEO Explains Why Journeys Has Avoided the Same Plight as Foot Locker, JD Sports
1+ week, 3+ day ago (362+ words) Its efforts to serve the “style-based customer,” particularly with a tilt toward the teen girl, has helped the merchant. After two of its competitors lamented on recent earnings calls that legacy athletic sneakers were hurting business, Journeys is bucking the…...
Genesco Shares Climb After Q2 Earnings Beat as Journeys and Johnston & Murphy Continue to Drive Growth
1+ week, 3+ day ago (498+ words) The company also received $22.5 million in tariff refunds, including interest, during the second quarter this year. Shares of Genesco climbed nearly 8 percent in pre-market trading on Thursday after beating analysts’ expectations in the second quarter. The Nashville-based footwear company reported…...
Analyst Says Nike’s No Longer the Industry Bellwether as Athletic Performance Continues to Be a Bright Spot for Many
1+ week, 4+ day ago (406+ words) In athletic performance footwear, UBS is bullish on the On Holding, Deckers Outdoor, Amer Sports, Wolverine Worldwide and Under Armour brands. With Nike no longer the industry bellwether, athletic performance footwear is in better shape than many insiders think. A…...
Dr. Martens Beefs Up Global Product Team, Hiring Talent from Marc Jacobs, Adidas
1+ week, 5+ day ago (393+ words) Isadora Versani has been named global product design director, while Nadia Svensson joins as global merchandising and product director from Adidas. Both will take up their new roles in November, and report to chief brand officer Carla Murphy. LONDON – Dr....
Dick’s Joins Barrage of Footwear Companies Grappling With Dramatic Stock Reactions
2+ week, 4+ day ago (267+ words) But long-term investors might view shares of Dick's at new lows as a buying opportunity after a 30.7 percent drop Tuesday. Dick’s Sporting Goods felt the heat Tuesday after its shares dropped 30.7 percent following a second quarter earnings report that missed…...
Dick’s and Foot Locker Are in a Footwear ‘Hangover’ as Stock Tumbles 30 Percent
2+ week, 5+ day ago (382+ words) But it’s not all bad news, according to executive chairman Ed Stack. Footwear is having a bit of a hangover if you ask Dick’s Sporting Goods executive chairman Ed Stack. These promotions took a bite out of the company’s comps…...
Dick’s Investors to Eye Back-to-school at Foot Locker in Q2 Report
2+ week, 6+ day ago (390+ words) Following JD Sports' shoe slowdown, potential decelerating comp growth at Foot Locker is a concern when Dick's posts Q2 report on Tuesday. The shoe sales slowdown last week at JD Sports due to “weak consumer sentiment” in North America is giving…...