Employees at a Macy’s store in San Francisco, Calif. are heading towards a potential strike on two of the most crucial shopping days in the holiday season after failing to come to an agreement on a contract with management. Members of the UFCW Local 5 union on Tuesday rejected a contract offer from Macy’s, which now allows the bargaining […]
Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, up from $761 billion last year, according to a report released on Wednesday by the National Retail Federation (NRF) and Appriss Retail. As retail sales continue to grow, the average rate of return has remained flat at 16.5% compared with 16.6% in […]
Atlanta Shoe Market is continuing its growth into 2023 by already declaring it’s sold-out. “We have never sold out this early in the 40 years that I’ve worked here,” Atlanta Shoe Market executive director Laura Conwell-O’Brien told FN. “We typically hit this mark right before the show opens, not two months before it’s set to start.” Now, […]
Responding to the demand for its U.S. Made footwear, New Balance is expanding its manufacturing facility located in Skowhegan, Maine, with plans to double production capacity and add more than 200 new jobs to the center. The sneaker company said in a Tuesday presentation with Skowhegan’s Board of Selectman, which was shared with FN, that […]
Omar Bailey, the former head of the Yeezy-Adidas Innovation Lab, is gearing up to launch BIPOC-led, L.A.-based footwear prototyping lab and venture studio FCTRY LAb with an initial $6 million tranche round of financing. According to the company, the funding comes from a diverse group of venture capital firms, top professional athletes and angel investors including the […]
Crocs and Adidas have been named in two separate class action lawsuits alleging that both brands violated consumer privacy laws. Both lawsuits, filed in late November by the same lawyer with two different lead plaintiffs, accuse the brands of violating the California Invasion of Privacy Act, which prohibits people and businesses from wiretapping or confidentially recording […]
For the first time ever, Vans and Timberland — two VF Corp. brands — have teamed up on a footwear range. With the 30th anniversary of the Half Cab here, Vans and Timberland have used a “meeting in the middle” them to create the Half Cab Hiker, which was described as a design that’s half skate shoe and half […]
This week, President Joe Biden is expected to sign into law the landmark Respect for Marriage Act, which enshrines protections for same-sex and interracial marriage under federal law. The bipartisan legislation was passed by the U.S. House of Representatives last week and by the Senate in late November. It will require that all 50 states recognize […]
A monthly roundup of footwear brands and retailers that are participating in charitable causes. Share your news with us at [email protected]. Dec. 12, 2022: Christmas came early last Friday for nearly 350 Park Avenue Elementary students when Nashville-based Genesco Inc. brought its “Cold Feet, Warm Shoes” signature community shoe fitting to the school and spread a little holiday […]
After announcing its intentions to go public earlier this year, Lanvin Group is ready to hit Wall Street. According to the luxury company, home to Lanvin, Sergio Rossi, Wolford, St. John Knits and Caruso, its merger with Primavera Capital Acquisition Corp. was approved by shareholders on Friday, Dec. 9. Lanvin Group said in a press release […]