Category: BUSINESS

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BUSINESS

What the Future Holds for Rockport Under Its New Parent, Authentic Brands

Rockport's ProWalker Next sneakers
Rockport's ProWalker Next sneakers
Estimated read time 5 min read

Rockport now has a big new family, and potentially the resources it needs to stage a turnaround. As was widely anticipated, Authentic Brands Group — the New York-based […]

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BUSINESS

Earnings Season Kicks Off Next Week: Here’s What to Expect.

PHOTO BY EDWARD BERTHELOT/GETTY IMAGES
PHOTO BY EDWARD BERTHELOT/GETTY IMAGES
Estimated read time 4 min read

Next week, major retail and footwear companies will begin reporting results for their most recent quarters, starting with Crocs Inc., Skechers USA, Inc. and Deckers Brands. For many players, these second […]

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BUSINESS

Kids’ Shoe Brands Prepare for Possible UPS Strike Ahead of Crucial Back-to-School Season

A UPS truck leaves a UPS facility in New York City
A UPS truck leaves a UPS facility in New York City
Estimated read time 7 min read

Pressure is mounting for some kids’ shoe brands prepping for back-to-school as the threat of a possible UPS strike looms next month. For months, the shipping and logistics company and the International […]

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BUSINESS

Puma commits to sourcing leather from deforestation-free supply chains by 2030

The Germany-based company has signed the Deforestation-Free Call to Action for Leather, thereby committing to source bovine leather from deforestation-free supply chains by 2030 or earlier
The Germany-based company has signed the Deforestation-Free Call to Action for Leather, thereby committing to source bovine leather from deforestation-free supply chains by 2030 or earlier
Estimated read time 2 min read

The Germany-based company has signed the Deforestation-Free Call to Action for Leather, thereby committing to source bovine leather from deforestation-free supply chains by 2030 or […]

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BUSINESS

Soirée Scene: Mr Porter and Zegna Host Al Fresco Hamptons Event + More

Alessandro Sartori, Kieran Culkin and Alison Loehnis
Alessandro Sartori, Kieran Culkin and Alison Loehnis
Estimated read time 7 min read

July 3, 2023: Mr Porter celebrated its latest “Summer Stories” campaign with Zegna in the Hamptons on Friday. The menswear retailer and Italian luxury brand came together […]

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BUSINESS

Nike Taps Vibram to Give a Technology Boost to Its Trail Footwear

Nike trail runner Nienke Brinkman in the Nike Ultrafly Trail, which features Vibram technology
Nike trail runner Nienke Brinkman in the Nike Ultrafly Trail, which features Vibram technology
Estimated read time 3 min read

Nike Trail is getting a technology boost from Vibram. The athletic giant and the high-performance sole manufacturer announced a partnership today, which will bring Vibram’s outsoles to the Nike Trail […]

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BUSINESS

Analysts Say Supreme Court Student Loan Decision Could ‘Significantly Impact’ Consumer Spending on Shoes

People rally against the U.S. Supreme Court's latest decisions to strike down Biden's student loan forgiveness plan on Friday, June 29. ANADOLU AGENCY VIA GETTY IMAGES
People rally against the U.S. Supreme Court's latest decisions to strike down Biden's student loan forgiveness plan on Friday, June 29. ANADOLU AGENCY VIA GETTY IMAGES
Estimated read time 5 min read

Following the U.S. Supreme Court’s decision on Friday to strike down President Biden’s student loan forgiveness program, immediate effects on the footwear and retail industries are coming into focus. While […]

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BUSINESS

JD Sports Poised to Expand Into the Middle East With First Franchise Agreement

A large group of shoppers wait outside the entrance for the JD Sports store to open on London's Oxford Street on April 12, 2021. SOPA IMAGES/LIGHTROCKET VIA GETTY
A large group of shoppers wait outside the entrance for the JD Sports store to open on London's Oxford Street on April 12, 2021. SOPA IMAGES/LIGHTROCKET VIA GETTY
Estimated read time 3 min read

JD Sports is still in growth mode despite noting last week that it’s experiencing a slowdown in North America. Now, the UK-based sports retailer has inked a new […]

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BUSINESS

Analysts Say Nike Wins in DTC, Jordan Brand Can Help the Company Overcome Challenges

People walk past the Nike Store on Fifth Avenue in midtown Manhattan in New York.
People walk past the Nike Store on Fifth Avenue in midtown Manhattan in New York.
Estimated read time 4 min read

Nike missed expectations for earnings on Thursday, but analysts were still impressed with the company’s progress in North America, DTC sales and clearing through excess inventory. The […]