In a call with analysts this week, Adidas CEO Bjorn Gulden described North America as the company’s “biggest problem.” Business in the region was down 16 percent in the quarter and down 18 percent for the first half of the year. “America is the most difficult market for us to sell into currently because the market is […]
From language and rhythm to art, technology and politics, hip-hop’s influence on pop culture has been — and continues to be — enormous. In many ways, hip-hop culture is American culture, an aesthetic that has been exported worldwide in the five decades since DJ Kool Herc held his first hip-hop party at 1520 Sedgwick Ave. in […]
Shares for Boot Barn Holdings were up more than 5 percent shortly after markets closed on Wednesday, following a sales and earnings beat for the Western apparel and footwear retailer. In the first quarter of fiscal year 2024, Boot Barn reported net sales of $383.7 million, an increase of 4.9 percent over the same time last year, and ahead […]
From language and rhythm to art, technology and politics, hip-hop’s influence on pop culture has been — and continues to be — enormous. In many ways, hip-hop culture is American culture, an aesthetic that has been exported worldwide in the five decades since DJ Kool Herc held his first hip-hop party at 1520 Sedgwick Ave. in […]
Skechers is expanding its partnership with Snoop Dogg with a new collaborative collection. Just months after the entertainment icon starred in the footwear brand’s Super Bowl commercial, Snoop Dogg has launched a new shoe collaboration with Skechers as part of a multi-year partnership. According to the footwear brand, the new collaborative sneakers “capture Snoop’s aesthetic” through an array of […]
The team at Cels Enterprises knows a thing or two about product — the company has been making footwear for 50 years, after all. And through those trials, tribulations and triumphs, Cels has learned when it needs to pivot and make changes. Now is that time. Under the direction of chief marketing director Sarah Zurell, Cels is […]
I’m simplistic in my shoe choices — my footwear wardrobe includes a tight edit of women’s white sneakers, cushioned running shoes, strappy heels, and comfortable walking sandals that I wear on repeat. This summer, I can’t stop wearing my Birkenstock Big Buckle Arizona sandals, and they’ve earned me more compliments than any other shoes I’ve owned. During Nordstrom’s Anniversary Sale, you can […]
Stop and smell the sunflowers, because it’s looking like the summer of Van Gogh. Between the Metropolitan Museum of Art’s feature exhibit on the artist’s Cypresses series and the brand new Cariuma x Van Gogh Museum sneaker collaboration, there’s a painterly panache in the air. Cariuma’s latest collection of sustainable canvas sneakers depict four dreamy designs inspired by Van Gogh’s famous […]
It’s a tale of two brands. In October 2018, the Reef brand was sold by VF Corp. to private equity firm Charlesbank Capital Partners LLC after sales stagnated. At the time of the deal, FN reported that Carlsbad, Calif.-based Reef would operate as part of The Rockport Group, which only months before had been acquired out of bankruptcy by Charlesbank. Both were […]
Luxury conglomerate Richemont has snapped up a controlling stake in Gianvito Rossi during a very busy week for footwear acquisitions. Terms of the deal were not disclosed, but Gianvito Rossi, founder, CEO and creative director of his 17-year-old eponymous label will retain a stake. “Gianvito Rossi is an exceptional maison with unique savoir-faire in the world of shoemaking,” said Philippe Fortunato, CEO of […]