Hey Dude just had another rough quarter, but Crocs Inc. is optimistic it can strengthen its recently acquired brand through a tried and true playbook. In the period, Hey Dude revenues were down 8.3 percent to $246.9 million, with wholesale revenues down 19.4 percent due to wholesale partners being more cautious on at-once orders. In a call with […]
U.S. retail sales for holiday 2023 will grow between 3 percent and 4 percent over 2022 to between $957.3 billion and $966.6 billion, the National Retail Federation forecasts. The forecast, which is for the Nov. 1 to Dec. 1 period, marks a return to pre-pandemic holiday spending levels from more heady spending in more recent years. The […]
Informed by artistic director Nigo’s love of England, Kenzo has launched its first collaboration with Hunter. According to the French luxury house, the collection is a nod to the “East Meets West” connection rooted in its fall/winter 2023 season, as well as an homage to the Ivy League spirit referenced in the collection. The resulting Kenzo x Hunter capsule […]
Vans global brand president Kevin Bailey is stepping down from his role as VF Corp. rolls out a new plan to transform its business. Bailey, who first joined Vans in 2002 and returned to the helm last year after serving in other roles at the parent company, will remain with VF as a part of the company’s executive […]
As the impact of the devastating mass shooting in Lewiston, Maine, rippled throughout the community, two local footwear companies have responded to the tragedy. For Kyle Rancourt, co-founder of Lewiston-based footwear brand Rancourt and Company, he is devastated by this “senseless tragedy” and pledges to keep all of his employees home safe by remaining closed for […]
Deckers Brands announced late Thursday it plans to divest its Sanuk brand. The Goleta, Calif.-based footwear company dropped the news in a short section within its second quarter earnings report on Thursday evening, stating it made the decision to divest the comfort shoe brand as it “continues to focus on allocating resources that best align with its long-term […]
Neiman Marcus‘ Fantasy Gifts for the 2023 holidays are here, ringing in the season with a variety of extravagant experiences. The guide, aiming to share the magic behind gifting during the holiday season, includes one-of-a-kind presents that customers can purchase through Neiman Marcus’ Christmas Book. This year’s selection expands its range with unique opportunities, including trips to the Cannes […]
It’s official: Skechers is in the basketball shoe business. With the NBA regular season here, Skechers has revealed its first-ever basketball shoes. The brand will make its on-court debut with two mid-top styles: the Skx Resagrip and the Skx Float. What’s more, Skechers has tapped two renowned ballers as brand ambassadors: Julius Randle of the New York Knicks and Terance Mann […]
Deckers brands has taken a holistic approach to its corporate responsibility and sustainability efforts – employing socially conscious operations and sustainable business practices, with the goal of continuing to deliver quality products to its consumers. The footwear company is committed to positively impacting the communities where it operates, including assuring industry-leading human rights and environmental practices […]
Flight Club has entered into a multiyear partnership with the Crossroads School men’s varsity basketball team — the California high school that NBA legend Baron Davis attended — becoming its official jersey and footwear partner. With this partnership, which is the first of the kind for Flight Club, the sneaker consignment store will provide and produce exclusive jerseys and products for both […]