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 […]
Emily Soloby never expected to create a workboot brand. But Juno Jones Safety Boots is truly the culmination of her passions and experiences. After starting her career as an attorney specializing in women’s and children’s rights, Soloby left the legal field to help her husband take over the family business, a trucking and safety training […]
Dec. 6, 2022: Archive has secured $15 million in Series A funding. The round is led by Lightspeed Venture Partners with participation from Bain Capital Ventures, Fernbrook Capital, G9 Ventures, and several minority investors, and brings Archive’s total funding to over $24 million. In addition to the raise, Alex Taussig, partner at Lightspeed, will join the […]
Salehe Bembury and New Balance’s much anticipated 990v2 sneaker collab is finally hitting retail. After teasing the sneaker project on social media in June, the renowned designer has revealed on Instagram yesterday that his coveted New Balance 990v2 “Sand Be the Time” collab will hit shelves before week’s end. The Salehe Bembury x New Balance 990v2 “Sand Be the […]
Israeli footwear maker Naot has taken a major step to expand its presence in the U.S. market with a new flagship store. The comfort-focused brand last month announced the opening of its first New York City-based flagship (its second store location in the U.S.). The new shop is located in Manhattan’s SoHo neighborhood, at 436 […]