Dr. Martens Stock Dives After Boot Maker Says U.S. Sales Will Stay Challenged

Shares of Dr. Martens took a dive on Tuesday after the boot maker put out a cautious outlook for 2025 that suggested persisting weakness in the U.S. wholesale market. Ahead of its official full-year earnings report on May 30, British footwear company shared what it described as a “prudent” outlook for 2025. The company expects U.S. […]

Adidas Raises Full-Year Revenue Outlook as it Continues to Shed Yeezy Stock

Adidas is updating its guidance for the year after reporting better-than-expected preliminary results for the first quarter of 2024. According to the German athletic company, currency-neutral revenues increased 8 percent compared to the prior year level. In euro terms, the company’s revenues grew 4 percent to 5.458 billion euros in the first quarter, versus 5.274 […]

Ariana Madix On Her Exclusive Shoe Collection for DSW, Including a Pair of Her Go-To Adidas Sneakers

All products and services featured are independently chosen by editors. However, Footwear News may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. DSW has teamed up with Vanderpump Rules star Ariana Madix on an exclusive curated collection of shoes for spring. According […]

Authentic Brands Group Initially Agrees to Buy Champion From Hanesbrands Inc.

After a bidding process that went on for weeks, Authentic Brands Group came out the winner after agreeing to buy the athletic apparel label Champion from Hanesbrands Inc. for a little more than $1 billion. “Champion agreed to be acquired by ABG last Friday or Monday,” said a source knowledgeable about the negotiations. “They should […]

Investor Urges Dr. Martens to Consider Strategic Review, Potential Sale

An activist investor in boot brand Dr. Martens is pushing the company to move towards a strategic review and potential sale. New York-based investment firm Marathon Partners Equity Management, LLC, which owns more than 5 million shares of Dr. Martens common stock, announced Tuesday that it recently sent a letter to Dr. Martens chairman Paul […]

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