Puma shares dropped on Wednesday after the athletic company reported a hit to its business in Q4 and warned that external challenges to the business would likely continue through 2024. “For 2024, we foresee the geopolitical and macroeconomic challenges as well as highly volatile currencies to persist,” said Puma CEO Arne Freundt in a statement. “This continues to […]
DSW parent company Designer Brands Inc. has tapped retail veteran Andrea O’Donnell for the role of brands president, EVP of Designer Brands, as the company seeks to bolster its share of owned and licensed brands. O’Donnell, who has served as the CEO of shoe and apparel retailer Everlane since 2021, will oversee the sourcing, design and distribution […]
With 2023 almost in the rear view, analysts and retail experts are making their predictions for what to expect for the retail industry in 2024. 2023 was a year characterized by inflation, inventory excesses and a bloated wholesale market, making it a particularly challenging one for footwear and apparel retailers. Looking ahead, the start of 2024 will likely display […]
Feng Chen Wang took her collaboration with Converse to the next level at her fall/winter 2024 runway presentation in Paris on Thursday. During Thursday’s show, the Chinese-born and London-based menswear designer known for her bold conceptual designs, showed her upcoming Chuck 70 2-in-1 Low sneaker that was first teased earlier this month. The sneaker, available in two colorways, is […]
Nike just expanded its brick-and-mortar footprint in Singapore in a major way. The athletic giant, in partnership with Middle East global retailer and distributor GMG, have opened Nike Orchard Road. The three-level store, located at 268 Orchard Road, spans 28,000 square feet. Nike confirmed via statement that this location is its largest mono-brand store in Asia, outside of China. “Nike Orchard […]
Street style from Paris Fashion Week Men’s fall 2024 season. See the best looks from outside the shows, presentations and parties here. PHOTO : GETTY IMAGES Paris Fashion Week Men’s January 2024 Street Style PHOTO : GETTY IMAGES Paris Fashion Week Men’s January 2024 Street Style PHOTO : GETTY IMAGES Paris Fashion Week Men’s January 2024 Street Style PHOTO : GETTY IMAGES Paris […]
Birkenstock may be a fashion sandal brand, but the company is trying to win over a new subset of consumers as well: runners. The German sandal company on Thursday laid out a plan to position its footwear as an ideal recovery option for runners after their workouts. In a call with analysts discussing the company’s 2023 results, […]
La Sportiva has made its retail debut stateside. Italy-based outdoor footwear brand La Sportiva has long called Boulder, Colo., home for its North American operations. It is also where La Sportiva opened its first U.S. brick-and-mortar store. The new store is located at 2100 Broadway, and it opened its doors on Jan. 2. “We are not just opening a store here. […]
Physical retail is here to stay, but the successful stores of the future are upgrading the in-store experience. At the National Retail Federation’s Big Show in New York City this week, industry experts and executives outlined what they see as a new model for the store of the future, one that emphasizes experiential elements and a focus […]
The Spanish footwear sector is claiming its place in the world as one of the leading countries in the production of high-quality footwear. Spanish footwear is internationally recognized for several distinctive values that give it its identity. One of the hallmarks of Spanish footwear is its high quality, both in materials and finishes. Spain has […]