Moreschi’s men’s luxury formal shoes. Courtesy of Moreschi Storied Italian luxury footwear brand Moreschi has found a pair of white knights. Glam Srl, the company behind the Superglamourous shoe brand, and its investor, the London-based Imerman Family Office fund, have taken over the Moreschi brand. They won the auction set up by the Court of […]
The On store in London. Courtesy of On On Holding has tapped the Helena Helmersson, former H&M Group chief executive officer, to serve on its board of directors. At its annual meeting in Switzerland on Thursday, the performance running brand elected Helmersson as an additional independent member on its board of directors. She will also […]
Steve Madden said it is “tired of being targeted” by Adidas for footwear design elements in new lawsuit. Courtesy Photos Steve Madden is suing Adidas in an effort to stop the German athletic company from its alleged efforts to “monopolize common design features in the fashion industry.” According to a lawsuit filed on Wednesday in […]
Hoka’s Mach X 2 Courtesy of Hoka Shares for Hoka and Ugg parent company Deckers Brands sank nearly 14 percent in after-market trading on Thursday after the footwear maker issued first quarter guidance below expectations due to uncertainty around Trump’s tariffs. In the fourth quarter of fiscal 2025, the company reported a net sales increase […]
A look at the Templeton Vacation x ASICS GEL-DS Trainer 14, available May 25. Courtesy of Templeton Vacation Temptation Vacation is set to release its first sneaker collaboration later this month, partnering with Asics on an updated take of the GEL-DS Trainer 14 inspired by the natural beauty of Australia. The collaboration explores the blurred […]
A look inside the Birkenstock store in North Rhine-Westphalia, Cologne. Rolf Vennenbernd/picture alliance via Getty Images While other brands may be scrambling to figure out how to deal with tariffs, Birkenstock Holding plc has little to worry about on that front. “Birkenstock is less exposed to tariffs with 100 percent of our production and 96 […]
The Asics NovaBlast 5 sneaker saw significant demand in the first quarter. RAW Productions – Joop Groen Asics Corp. is starting off fiscal 2025 touting its success in growing in both performance running and sportstyle categories across the world. According to the Japanese sportswear company, net sales in the first quarter of 2025 were 208.3 […]
Nike is a big wholesale account for Dick’s and Foot Locker, representing a combined $8 billion in sales for the two retailers. Jim Watson/AFP via Getty images On the heels of Skechers’ $9 billion go-private deal last week, all eyes are now on Dick’s Sporting Goods Inc.’s $2.4 billion move to buy Foot Locker Inc. […]
Shaquille O’Neal and Allen Iverson star in “Power Moves,” the documentary on the relaunch of Reebok Basketball. Courtesy of Netflix A behind-the-scenes look at Shaquille O’Neal and Allen Iverson‘s work at Reebok is coming to Netflix soon. Reebok has released the trailer for “Power Moves,” a Netflix documentary series on the brand’s comeback efforts. Chief […]
Crocs shoes on display inside a Crocs store in Milpitas, Calif., on May 7, 2024. While Crocs Inc. CEO Andrew Rees sees pricing as a potential lever to mitigate against tariff impacts, he said Vietnam remains a big concern. “Depending on the level of incremental costs that may come from tariffs and other factors, we […]