Is the Hybrid Office Model Sustainable for the Shoe Industry? These Companies Seem to Think So — for Now

With pandemic anxiety mainly a thing of the past, major corporations have begun upping their in-office requirements for employees. Just last week, Nike announced it was increasing its office requirement for its Beaverton, Ore. employees to four days a week, up from its three days a week requirement that had been in place since May of 2022. In a statement, […]

Boot Barn CEO Believes Company Can Have 900 US Stores

Boot Barn president and CEO Jim Conroy updated analysts on the progress of company’s strategic initiatives, which heavily involves opening new stores, on Thursday, following a less than stellar performance in the second quarter. In the second quarter of fiscal 2024, the Irvine, Calif.-based footwear company reported a 6.5 percent increase in net sales to $374.5 million in the […]

After Slow Hey Dude Sales, Here’s How Crocs Inc. Plans to Grow Its Newest Brand

Hey Dude just had another rough quarter, but Crocs Inc. is optimistic it can strengthen its recently acquired brand through a tried and true playbook. In the period, Hey Dude revenues were down 8.3 percent to $246.9 million, with wholesale revenues down 19.4 percent due to wholesale partners being more cautious on at-once orders. In a call with […]

NRF Predicts Modest 3 to 4 Percent Holiday Sales Gains

U.S. retail sales for holiday 2023 will grow between 3 percent and 4 percent over 2022 to between $957.3 billion and $966.6 billion, the National Retail Federation forecasts. The forecast, which is for the Nov. 1 to Dec. 1 period, marks a return to pre-pandemic holiday spending levels from more heady spending in more recent years. The […]

Kenzo Teams Up With Hunter on Boot Collection

Informed by artistic director Nigo’s love of England, Kenzo has launched its first collaboration with Hunter. According to the French luxury house, the collection is a nod to the “East Meets West” connection rooted in its fall/winter 2023 season, as well as an homage to the Ivy League spirit referenced in the collection. The resulting Kenzo x Hunter capsule […]

Local Lewiston Footwear Companies Respond to Developing Mass Shooting Tragedy

As the impact of the devastating mass shooting in Lewiston, Maine, rippled throughout the community, two local footwear companies have responded to the tragedy. For Kyle Rancourt, co-founder of Lewiston-based footwear brand Rancourt and Company, he is devastated by this “senseless tragedy” and pledges to keep all of his employees home safe by remaining closed for […]

Deckers Plans to Divest Sanuk, Plots New ‘Super’ Sneaker Brand

Deckers Brands announced late Thursday it plans to divest its Sanuk brand. The Goleta, Calif.-based footwear company dropped the news in a short section within its second quarter earnings report on Thursday evening, stating it made the decision to divest the comfort shoe brand as it “continues to focus on allocating resources that best align with its long-term […]

Neiman Marcus’ 2023 Fantasy Gifts Celebrate The Holidays with Disney, Diamonds, The Paris Olympics & More

Neiman Marcus‘ Fantasy Gifts for the 2023 holidays are here, ringing in the season with a variety of extravagant experiences. The guide, aiming to share the magic behind gifting during the holiday season, includes one-of-a-kind presents that customers can purchase through Neiman Marcus’ Christmas Book. This year’s selection expands its range with unique opportunities, including trips to the Cannes […]

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