footwear

Crocs Focuses on Sandals for 2023 Following Record 2022
Crocs Focuses on Sandals for 2023 Following Record 2022
February 16, 2023  |  Retail

Continued demand for casual footwear led Crocs to a record 2022. The shoemaker announced in a Thursday (Feb. 16) press release that it recorded $3.6...

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Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
February 10, 2023  |  Retail

Adidas’ breakup with Ye could lead to a revenue loss of 1.2 billion euros (about $1.3 billion) in 2023. The sportswear company said in a...

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North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
February 08, 2023  |  Retail

Innovation and a better shopping experience are on the agenda for the Vans brand. These targets are being pursued after the action sports footwear and...

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Wolverine Sells Keds to DSW Parent Designer Brands
Wolverine Sells Keds to DSW Parent Designer Brands
February 08, 2023  |  Retail

Footwear company Wolverine Worldwide has sold its Keds line to shore store chain Designer Brands. The deal, announced Wednesday (Feb. 8), allows Wolverine to streamline...

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Skechers Says Comfortable Products and Omnichannel Sales Drive Record Growth
Skechers Says Comfortable Products and Omnichannel Sales Drive Record Growth
February 03, 2023  |  Retail

Comfortable shoes, widespread product distribution and marketing are paying off for Skechers. The footwear and apparel brand has achieved four consecutive quarters of record sales...

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Nike and Tiffany Preview ‘Legendary Pair’ Collaboration
Nike and Tiffany Preview ‘Legendary Pair’ Collaboration
January 30, 2023  |  Retail

Nike and Tiffany appear to be collaborating to create co-branded footwear. The sneaker company posted an image to its Instagram account Sunday (Jan. 29) of...

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Nike’s Sneaker Trademark Suit Against Bape Risks Promoting Little-Known Brand
Nike’s Sneaker Trademark Suit Against Bape Risks Promoting Little-Known Brand
January 27, 2023  |  Retail

If sneaker enthusiasts hadn’t heard of Bape, they have now. The little-known footwear brand has been sued by industry giant Nike, which alleges that Bape...

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Allbirds Says eCommerce-Only Model Limits D2C Brands’ Growth Potential
Allbirds Says eCommerce-Only Model Limits D2C Brands’ Growth Potential
January 18, 2023  |  Retail

As D2C brands build their followings, remaining digital-only can restrict their growth. In an interview with PYMNTS, Joey Zwillinger, co-founder and co-CEO of direct-to-consumer (D2C)...

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Crocs Sees 53% Growth by Meeting Consumer Demand for Casualization
Crocs Sees 53% Growth by Meeting Consumer Demand for Casualization
January 10, 2023  |  Retail

Consumer demand for casualization, comfort, sustainability and personalization is driving growth at Crocs. The casual footwear company expects year-over-year revenue growth of 53% in 2022...

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