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Footwear News
Puma raised 2019 sales guidance on Thursday, projecting growth of 15 percent, up from an earlier projection of 10 to 13 percent in the first half of the year. “The third quarter developed very positively for us and ended as the best quarter that Puma has ever achieved — both in terms of revenue and EBIT,” chief...
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The performance footwear market continues to be dwarfed by athleisure’s ascent. That’s according to market research firm The NPD Group Inc., which today released its third-quarter sales data and insights for three major footwear categories: leisure, performance and fashion. While the latter two recorded declines from the prior-year period ended September, the leisure segment showed...
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As female forces continue to break through in fashion and Hollywood at a critical time of change, FN is bringing together seven dynamic voices at its first Women in Power event in Los Angeles next month. It will take place on Nov. 6 at NeueHouse on Sunset Blvd., starting at 5:30 p.m. Space is limited....
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Schutz is in growth mode. Following the appointment of former Barneys New York fashion director Marina Larroude in July as its head, the brand is even more focused on becoming a household name. And it’s certainly on its way. According to founder Alexandre Birman, Schutz (which is part of Birman’s Brazilian footwear empire Arezzo &...
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A slew of retailers from big-box names to specialty chains have sounded the alarm on President Donald Trump’s tariffs, but Dick’s Sporting Goods appears to be singing a different tune. In an interview with CNBC, CEO Edward Stack expressed optimism in consumer spending ahead of the holiday season — a sentiment seemingly unlike those of several...
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Against of a backdrop of climate change protests and luxury companies ramping up their sustainability initiatives, Burberry has partnered with luxury consignment marketplace The RealReal in an effort to promote a circular economy in fashion. According to Burberry, the partnership is a means of educating and directing consumers who wish to consign their Burberry items, or to shop for old...
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As it undergoes a review of its hunting business, Dick’s Sporting Goods is preparing to shed several of its Field & Stream outdoor recreation stores. The Coraopolis, Penn.-based retailer has entered into an agreement to sell eight of the hunting and fishing outposts — located in New York, Pennsylvania, Michigan and North Carolina — to...
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Boost cushioning has long been synonymous with top-tier Adidas footwear. But the acclaimed tech is about to make an appearance on a classic Reebok sneaker. The athletic giants are set to deliver the Instapump Fury Boost, a look that pairs the futurism of Reebok’s Instapump — which originally hit the market in 1994 — with...
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Target shoppers may have been met with frustration on Tuesday after a temporary system outage rendered inoperative the retailer’s website, mobile app and even some store registers. In an email sent to CNBC, a company spokesperson described yesterday afternoon’s “payment processing issue,” which prevented customers from making purchases in a number of the big-box chain’s...
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In Milan, the world’s shoe capital, it can difficult to pick favorites. Especially after a strong season that had a bit of something for everyone, narrowing down Milan Fashion Week’s top shoes is no small task — and they can’t all be Bottega Veneta. Here, a countdown of FN’s top 10 shoes of Milan Fashion...
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