footwear

From Sneaker Obsession to D2C Success: How Richard Brown Built Proof Culture
From Sneaker Obsession to D2C Success: How Richard Brown Built Proof Culture
November 15, 2024  |  Retail

Proof Culture founder and CEO Richard Brown’s love of sneakers began long before he ever thought of turning his passion into a direct-to-consumer business. He...

READ MORE >
Nike Faces Headwinds: Revenue Decline Looms Ahead of Tuesday’s Earnings
Nike Faces Headwinds: Revenue Decline Looms Ahead of Tuesday’s Earnings
September 30, 2024  |  Retail

As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership...

READ MORE >
Allbirds: Consumers Will Pay Full Price for ‘Fresh’ Enough Products
Allbirds: Consumers Will Pay Full Price for ‘Fresh’ Enough Products
May 09, 2024  |  Earnings

Economic challenges have consumers pulling back on full-priced purchases, but Allbirds maintains that, if products are novel and relevant enough, shoppers will spring for non-discounted...

READ MORE >
Brands Set Sights on D2C Resale Opportunity Amid Growing Demand
Brands Set Sights on D2C Resale Opportunity Amid Growing Demand
April 01, 2024  |  Retail

As ongoing economic pressures have consumers continuing to shop secondhand to save on retail spending, brands are looking to capture this growing opportunity through direct...

READ MORE >
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
March 12, 2024  |  Retail

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers’...

READ MORE >
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
January 25, 2024  |  Retail

Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024.  “For 2024, we foresee the geopolitical and macroeconomic challenges as well...

READ MORE >
Allbirds Looks to Amazon to Boost Demand 
Allbirds Looks to Amazon to Boost Demand 
November 27, 2023  |  Retail

After recently disclosing another quarter of unsatisfactory earnings, footwear and fashion firm Allbirds is betting on a new partnership with Amazon to boost its likeability...

READ MORE >
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023  |  Retail

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected....

READ MORE >
Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
October 11, 2023  |  IPO

German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle...

READ MORE >