Nike reported better-than-expected results for the third quarter — despite recent inventory excesses and challenges in China. The athletic giant reported Q3 revenues of $12.4 billion, up 14% from the same time last year and ahead of expectations from analysts surveyed by Yahoo. Net income was $1.2 billion, down 11% compared to the prior year. […]
Paris Fashion Week’s long, meandering week-and-a-half of runway shows, presentations and events have given us a new idea of what fashion will look like come fall. While much of the fall winter 23 season’s ready-to-wear has been more stoic, with cleaner lines, more minimalism and a lot of grays and neutrals instead of the party wear […]
What does 30 years of the iconic red sole mean to the red sole king? “That I’ve been around for a while!” said Christian Louboutin after the “Loubi Show,” an interpretive dance event staged at Opéra Comique on Thursday evening during Paris Fashion Week. In 1993, two years into his namesake venture, the designer — who […]
Taylor Swift kicked off her highly-anticipated Eras Tour last night at State Farm Stadium in Glendale, Ariz. For a full three hours, Swift sang and danced to a sold-out stadium, bringing her performance A-game in a variety of show-stopping costumes and footwear from Christian Louboutin. The songstress donned a variety of custom shoes from Louboutin in attention-grabbing […]
Jenna Ortega brought a preppy spin to sky-high style this week. While posing outside on Saturday, Ortega wore a full outfit from Tory Burch. The “Scream 6” star’s outfit, styled by Enrique Melendez — and snapped on Burch’s Instagram — featured a dark chocolate-brown ruched miniskirt and matching satin coat, accented by pointed lapels. A gauzy marigold […]
“Air,” Ben Affleck’s much-buzzed-about movie that chronicles Nike’s pursuit and eventual signing of Michael Jordan, debuted to an enthusiastic standing ovation during SXSW’s closing night on Saturday. Affleck directs the film and stars as Nike co-founder Phil Knight, alongside Matt Damon who plays Nike executive Sonny Vaccaro. “Air” follows Vaccaro’s chase for Jordan and how it led Nike […]
Throughout his time with Vans, which began in 2002 and has been on and off since, global brand president Kevin Bailey has experienced his share of highs and lows. However, the industry veteran might have inherited a more daunting task than he had hoped for when he returned to the helm in April 2022. Last month, […]
Diane von Furstenberg has teamed up with the Spanish brand Castañer, known for its iconic espadrilles, for a limited capsule collection. The spring and summer line is filled with a range of styles designed in jute material and signature DVF prints and colors. There’s an espadrille wedge created with a cotton canvas featuring DVF’s Lips […]
PARIS — Kering is pledging to cut its greenhouse gas emissions by 40%. The parent of Balenciaga, Gucci, Saint Laurent and other luxury brands aims to make those cuts in absolute terms by 2035, using 2021 emissions as a baseline. Forty is a key number for Kering, which in 2017 laid out a 40% reduction in environmental footprint […]
Who’s in, who’s out, who’s been promoted and hired — FN covers all the industry changes in one place. Know of an executive on the move? Tell us at [email protected]. March 16, 2023: Shoe Carnival has named Erik Gast as the company’s EVP, chief financial officer, effective April 24. He joins the footwear retailer from Fleet Farm Group, […]