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Retailers Say Newness and Value Will Drive Holiday: These Are the Footwear Brands Set to Win

Retailers in the third quarter noted a broad consumer pullback in discretionary categories. But that didn’t stop them from sharing positive projections for Black Friday, Thanksgiving weekend and subsequent Christmas shopping weekends. While retailers are generally optimistic about holiday, many are emphasizing value to win over inflation-stricken consumers during an uncertain economic environment — and that means […]

Admins on Nov 23, 2023 0

Fashion

Report: Nike Hires Former Amazon Fashion Chief as New Technology Head

Amazon‘s head fashion executive Muge Erdirik Dogan has left her role at the e-commerce giant to become the chief technology officer at Nike, according to a report in Bloomberg. Erdirik Dogan served as the VP of fashion and fitness at Amazon since February of 2021, according to her LinkedIn account. Amazon confirmed in a statement that she departed to “pursue […]

Admins on Nov 14, 2023 0

Fashion

Manitobah Refreshes C-Suite With Nike Veterans as CEO and CFO

Manitobah has just announced a major refresh to its executive leadership team. The footwear brand with indigenous roots this week announced Carolyn MacNaughton as CEO and Tom Hildrum as CFO. Mike Wodtke has shifted his role from chief digital officer to chief marketing officer. MacNaughton replaces Manitobah’s former CEO Greg Tunney, who left his role in May […]

Admins on Nov 14, 2023 0

Fashion

Steve Madden Says Recent Sales Softness Prompted Downgraded Outlook for 2023

Steve Madden shares dipped a little more than 1 percent in pre-market trading after the company reported earnings for the third quarter and downgraded its full-year outlook. In the third quarter, the company reported revenues of $552.7 million, down 0.7 percent compared to the same quarter in 2022. Adjusted net income was $65.1 million, or $0.88 per diluted […]

Admins on Nov 09, 2023 0

Fashion

Ralph Lauren Beats Sales and Profit Estimates in Q2

Ralph Lauren Corp. continued to play its game well in the fiscal second quarter — despite weakness in the North American wholesale business and a tougher economy. The company has been on a campaign to elevate its brand and kept at it this quarter, boosting average unit retail prices at its own stores and on its website by […]

Admins on Nov 09, 2023 0

Fashion

Everything You Need to Know About Pitti Uomo’s January 2024 Edition

Pitti Uomo is gearing up to launch its next edition. Slated to run from January 9-12 at Florence’s historic Fortezza da Basso, the Italian menswear trade show will kick off the fall/winter 2024 men’s selling season as the industry still deals a plethora of economic concerns. As the men’s industry prepares for another in-person fair, see here a […]

Admins on Nov 07, 2023 0

Fashion

Olympic Sprinter Gabby Thomas Is a Triple Threat: Brilliant, Beautiful and Wicked Fast

Gabby Thomas is having a hearty laugh. It’s mid-October and rumors surfaced that the sprinter was headed to the Big Apple to run the TCS New York City Marathon. But the highly decorated athlete, who, at 26, already has four medals from the Olympic Games and World Championships, assures us she’s only attending as a […]

Admins on Nov 07, 2023 0

Fashion

Is the Hybrid Office Model Sustainable for the Shoe Industry? These Companies Seem to Think So — for Now

With pandemic anxiety mainly a thing of the past, major corporations have begun upping their in-office requirements for employees. Just last week, Nike announced it was increasing its office requirement for its Beaverton, Ore. employees to four days a week, up from its three days a week requirement that had been in place since May of 2022. In a statement, […]

Admins on Nov 06, 2023 0

Fashion

Boot Barn CEO Believes Company Can Have 900 US Stores

Boot Barn president and CEO Jim Conroy updated analysts on the progress of company’s strategic initiatives, which heavily involves opening new stores, on Thursday, following a less than stellar performance in the second quarter. In the second quarter of fiscal 2024, the Irvine, Calif.-based footwear company reported a 6.5 percent increase in net sales to $374.5 million in the […]

Admins on Nov 06, 2023 0

Fashion

After Slow Hey Dude Sales, Here’s How Crocs Inc. Plans to Grow Its Newest Brand

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 […]

Admins on Nov 03, 2023 0

Category: Fashion