Foot Locker Inc. shares fell on Friday after the retailer reported a weak sales total for the first quarter. Total sales for Q1 were $1.93 billion, down 11.4 percent over the prior year and slightly short of the $1.99 billion expected by analysts surveyed by Yahoo Finance. Net income was $36 million compared with $133 […]
Kith is continuing its Adidas partnership with a new co-branded sneaker launch for the summer. Releasing May 19, their latest drop sees Kith reimagine three signature Adidas Originals shoes: the Samba, the Superstar and the Campus 80. All three low-top pairs are cast in tonal hues that complement the FNAA-winning menswear brand’s first summer 2023 drop. Within […]
The D’Amelio family talks to FN about their new shoe line, what makes a video go viral and of course, the importance of family time.
We’ve all been there. Dad wants nothing for Christmas. Dad wants nothing for his birthday. Dad buys a pinball machine for the basement without saying anything about it. Dad forgets Father’s Day. Finding gifts for men and older men in particular can be a pain in the ass. Love is not enough. The card will […]
On Holding just had its best quarter yet, fueled by supply chain improvements and soaring demand for the burgeoning running brand. While The Swiss running shoe brand is rooted in perfomance, it has gained favor among non-athletes as well who have opted to buy the brand for its “cool” factor. According to Piper Sandler’s 45th semi-annual survey […]
Under Armour’s apparel deal with Notre Dame may soon be coming to an end. The sponsorship deal has reportedly expired, according to a report in Sports Illustrated. This leaves the university open to new opportunities for other deals with brands such as Nike and Adidas, who are could emerge as two likely suitors to fill […]
Aurora James is no stranger to the fashion industry. Her footwear brand Brother Vellies is celebrating its 10-year anniversary and after winning the CFDA/Vogue Fashion Fund in 2015, James finds herseld in a full circle moment as she has now been voted in as a vice chair of the Council of Fashion Designers of America. In her […]
Under Armour CEO Stephanie Linnartz wants to win over more female consumers. And she plans to leverage shoes to do it. “Footwear must also be part of the long-term equation to grow the women’s business,” Linnartz told analysts in a call discussing the company’s fourth quarter earnings on Tuesday. “We will go after women harder than this […]
“RG Barry isn’t just the house of Dearfoams anymore,” president and CEO Bob Mullaney told FN last month from his office on the Boston waterfront. “It really is a platform for many consumer brands.” Since joining the company in 2017, the industry veteran has orchestrated several changes within the organization. One is that Boston office. Mullaney said […]
Miami-area luxury shopping destination Aventura Mall has announced more than a dozen luxury brands and first-to-market pop-ups that are slated to open this year. Among the footwear and athletic retailers scheduled to open at the mall in 2023 are JD Sports and Dr Martens. According to Aventura, Dr Martens will open this summer on the upper level […]