Catch all the latest news about footwear industry acquisitions, and licensing and distribution agreements here. Got a deal in the works? Tell us at web@footwearnews.com. Oct. 21, 2022: Authentic Brands Group (ABG) has completed the acquisition of the distinctive British lifestyle brand Ted Baker after announcing a deal to acquire the U.K.-based brand in August. “We are excited to […]
Who’s in, who’s out, who’s been promoted and hired — FN covers all the industry changes in one place. Know of an executive on the move? Tell us at web@footwearnews.com. Oct. 21, 2022: Rack Room Shoes has promoted longtime team member Jennifer Scantland to Midwest/Tennessee regional manager. Based in Memphis, Tenn., Scantland covers stores in West Tennessee, Mississippi, […]
Clarks has landed at the American Dream mega-mall in East Rutherford, N.J. The new 2,300-sq.-ft. store marks the first full-price location the Massachusetts-based footwear brand has opened in the U.S. in three years. According to Gary Champion, president of Clarks Americas, the new opening marks a turning point for the brand. “This store marks a turning […]
Allbirds says it reduced its average product carbon footprint by 12% between 2020 and 2021. The eco-friendly footwear brand revealed this figure, as well as other environmental focused accomplishments, its in first-ever Sustainability Report on Friday. Allbirds said it has committed to cutting its per product carbon footprint in half by 2025 and reducing it […]
Balenciaga is breaking off its relationship with Kanye West. Parent company Kering confirmed to FN sister publication WWD that the French fashion house would no longer work with West, who now goes by Ye, following a series of controversial and anti-semitic statements from the rapper turned fashion designer. “Balenciaga has no longer any relationship nor any plans […]
O ex-ministro das Finanças do Reino Unido, Rishi Sunak, ultrapassou os 100 apoios exigidos para concorrer à liderança do Partido Conservador, após a renúncia da primeira-ministra Liz Truss, anunciou sexta-feira um deputado do partido. “Orgulhoso de ser o 100.º parlamentar conservador a apoiar #Ready4Rishi”, escreveu Tobias Ellwood no Twitter, apoiante de Sunak, recorrendo a uma […]
Supply chain challenges, inflationary pressures and recession fears are top of mind for many industry executives. From shuffling logistic strategies, start-up struggles, and consumer insights, leading industry experts shared their insights across all facets of the business at Sourcing Journal’s Fall Summit on Tuesday. Here are the top three takeaways from yesterday’s summit. Now is […]
FN rounds up all the store openings, closings and redesigns happening this month, from throughout the footwear industry. Send your retail news to web@footwearnews.com. Oct. 19, 2022: Billionaire Boys Club/IceCream has opened a new flagship store in Miami. Located at 2545 NW 3rd Avenue in the city’s Wynwood neighborhood, the 5,000 sq. ft. store features an […]
Dollar General is being hit again with over $1.6 million in fines for worker safety violations after visits by federal inspectors to four locations in Alabama, Florida and Georgia, the Department of Labor said earlier this week. According to the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), the company, along with Dolgencorp […]
The women’s streetwear consumer has long been underserved, and Atmos is looking to change that. The Japan-based boutique retailer — which was acquired by Foot Locker Inc. in August 2021 — has revealed Atmos Women’s, a space dedicated solely to its female consumers. The concept will launch in its longstanding Philadelphia storefront, which is located at 1509 […]