The mood at Informa Markets Fashion’s Coterie and Magic New York trade shows this week was optimistic, with many brands bullish on fall 2023 as volatile shipping and inventory concerns seem to be stabilizing. But just like at this season’s Micam and Atlanta Shoe Market trade shows, rising costs and worries of a recession are top of mind for […]
Steve Madden is taking a cautious approach in 2023 as wholesale pressures weigh on the footwear brand’s results. The company’s sales dropped 18.6% to $470.6 million in Q4 and net income was $31.8 million, or $0.42 per diluted share, both largely in line with the company’s expectations. For the full year, revenue increased 13.7% to […]
International buyers were back in full force at Milan’s Micam shoe show this week, giving a boost of confidence to both event organizers and brands. The 95th edition of Micam was held in conjunction with several other trade fairs — handbag show Mipel, jewelry event The One Milano and Homi Fashion and Jewels exhibition — all of […]
Salehe Bembury hsa another collaboration with Crocs on the way. The renowned designer shared images on Instagram yesterday of his unreleased Salahe Bembury x Crocs Pollex Slide, a new version of the footwear company’s acclaimed Classic Slide. Much like their coveted Crocs Pollex Clog collab, this forthcoming Salahe Bembury x Crocs Pollex Slide features a fingerprint-inspired design throughout the […]
Palace Skateboards and Reebok have come together for a new sneaker collaboration. After delivering a trio of Reebok Victory G styles in February 2022, the London-based skateboarding label and the sportswear brand have unveiled their latest Club C Mid II Revenge collab is hitting stores before week’s end. For this project, Palace Skateboards reimagined Reebok’s acclaimed Club C Mid […]
If you purchase an independently reviewed product or service through a link on our website, Footwear News may receive an affiliate commission. Aimé Leon Dore has more New Balance P550 colorways in the works. Sneaker leak social media account @uptod4te shared images of two unreleased Aimé Leon Dore x New Balance P550 styles. According to the account, the unreleased […]
Walmart Inc. grew solidly through the holiday season, topping fourth-quarter earnings and sales projections — but weaker projections for the year ahead set Wall Street on its guard. After starting off down, shares of Walmart rebound and traded up 0.5 percent to $146.16 in midday trading. Walmart — like other retailers — is reverting back to its mean after […]
Brooks had another stellar year in 2022. The running brand broke sales records and ended the year with global revenue of $1.2 billion, up 6% from 2021, with direct-to-consumer sales up 16%. “In 2022, Brooks overcame economic and supply chain headwinds to gain new customers across all categories including running, walking, hiking, and more,” said […]
With NBA All-Star Weekend underway, Jordan Brand has revealed the debut signature shoe of Jayson Tatum. Jordan Brand explained in a statement that the star baller’s highly-anticipated signature shoe, dubbed the Tatum 1, was born out of his desire to wear a shoe that felt more connected to his foot. The look, according to Jordan Brand, was […]
Adidas Basketball took full advantage of this year’s NBA All-Star Weekend by showcasing its upcoming sneaker releases. Fresh off of re-releasing a Lakers-themed Adidas Crazy 1 style last week coinciding with the basketball-focused weekend, the German sportswear giant has also unveiled its forthcoming slate of performance and lifestyle offerings. For fans who weren’t on-site at the 2023 NBA […]