Brooks Running is continuing its growth in the first quarter, after a record 2022. In the first quarter of 2023, the Seattle-based performance running brand reported 20 percent year-over-year global revenue growth, including a record 32 percent increase in the Europe, Middle East, and Africa (EMEA) region. Brooks said it also saw strong brand demand across […]
The Prince and Princess of Wales celebrated their 12th wedding anniversary on Saturday, sharing a new portrait on their official Instagram profile. “12 years ” the captioned the snapshot accompanied by a heart emoji. The image was taken by British photographer Matt Porteous, and it shows William and Kate riding bikes in the countryside and holding each other in casual […]
Crocs Inc., which just reported stronger than expected results for the first quarter, is using a tried and true DTC distribution strategy to grow its Hey Dude brand. The comfort footwear company, which owns the Crocs and Hey Dude brands, reported strong DTC growth for both brands in the first quarter. Crocs brand DTC revenues grew 19% year over year. […]
A judge came down on Nike and StockX for “unprofessional” behavior in the context of an ongoing lawsuit between the two parties. “The Court notes that the bickering in the parties’ briefs, and their numerous letters to this Court, have veered toward the unprofessional in a manner unbecoming the experienced and competent counsel who are appearing in […]
Kevin Durant and Nike are now tied together for life. Durant, a two-time NBA champion, announced today via his Boardroom media network that he and Nike have agreed to a lifetime deal. Terms were not disclosed. “When I first signed with Nike, I couldn’t have dreamed of how far we’d go in this partnership. We’ve done amazing work creatively and philanthropically. […]
FN rounds up all the store openings, closings and redesigns happening this month, from throughout the footwear industry. Send your retail news to [email protected]. April 24, 2023: Academy Sports and Outdoors will open its first location in Peoria, Ill. in the summer of 2023. This is Academy’s second location in Illinois which is set to open […]
Bodega has joined forces with Crocs for its next sneaker project. This time, the renowned sneaker boutique has reimagined the footwear brand’s iconic Clog that’s hitting retail next month. Bodega previewed its forthcoming Crocs Clog All-Terrain “Nict-Tech” collab on Instagram yesterday, along with sharing details about the project on its social media channels. The Bodega […]
For New Balance Athletics Inc. president and CEO Joe Preston, brand evolution should come naturally. At the FN CEO Summit in Miami on Thursday, Preston told FN senior news and features editor of athletic and outdoor Peter Verry that over the 28 years he has been with New Balance, the company has continued to evolve. “We’re […]
The Nordstrom family has always valued their employees immensely. It’s fitting then that Pete Nordstrom wanted to shine a spotlight on three of the retailer’s most successful shoe sellers in front of the powerhouse crowd at the FN CEO Summit. Nordstrom brought his “Nordy Pod” to South Beach on Thursday — and his featured guests […]
Concerns of inflation may be preoccupying the minds of businesses and consumers alike, but the stubborn economic dilemma hasn’t prevented Alexandre Birman from taking his company to the $1 billion mark. That was among many of the messages the Arezzo & Co. chief executive delivered on Thursday at FN’s 2023 CEO Summit in Miami Beach, where […]