Outside the Allbirds store in New York City’s Flatiron District. Eric Petschek Shares of Allbirds Inc. dropped over 16 percent in after-market trading on Thursday as the footwear company lowered its guidance for the year following its latest earnings report. In the second quarter of fiscal 2025, the San Francisco-based company reported that net revenue […]
Shoe Carnival now plans to rebanner 80 percent of its Shoe Carnival stores to Shoe Station doors by March 2027. Courtesy of Shoe Carnival First quarter net sales and net income were down at Shoe Carnival Inc., but its stock rose in pre-market trading after the company reaffirmed its full-year guidance and said it will […]
Hoka’s Mach X 2 Courtesy of Hoka Shares for Hoka and Ugg parent company Deckers Brands sank nearly 14 percent in after-market trading on Thursday after the footwear maker issued first quarter guidance below expectations due to uncertainty around Trump’s tariffs. In the fourth quarter of fiscal 2025, the company reported a net sales increase […]
A look inside the Birkenstock store in North Rhine-Westphalia, Cologne. Rolf Vennenbernd/picture alliance via Getty Images While other brands may be scrambling to figure out how to deal with tariffs, Birkenstock Holding plc has little to worry about on that front. “Birkenstock is less exposed to tariffs with 100 percent of our production and 96 […]
The Asics NovaBlast 5 sneaker saw significant demand in the first quarter. RAW Productions – Joop Groen Asics Corp. is starting off fiscal 2025 touting its success in growing in both performance running and sportstyle categories across the world. According to the Japanese sportswear company, net sales in the first quarter of 2025 were 208.3 […]
Outside the Allbirds store in New York City’s Flatiron District. Eric Petschek Allbirds chief executive officer Joe Vernachio is confident that company is delivering on its turnaround plans as the shoe brand reports its latest earnings. In the first quarter of fiscal 2025, the San Francisco-based company reported that net revenue decreased 18.3 percent to […]
Courtesy of Brooks Running Brooks ended the first quarter of 2025 by setting a new record. The Seattle-based performance running brand said it achieved an all-time quarterly high in revenue in Q1, with all regions contributing double-digit growth or better, leading to 15 percent year-over-year global revenue growth. (Brooks does not disclose specific revenue numbers.) […]
Shoe Carnival will convert 175 stores to the Shoe Station banner. Courtesy of Shoe Carnival Shoe Carnival is doubling down on its Shoe Station banner this year as the company looks to capitalize on the chain’s success in fiscal 2024. The retailer is implementing a long-term strategy to “rapidly scale up” Shoe Station, which it […]
Designer Brands Inc. plans to grow its private label category, which is currently sold at its DSW banner. Bruce Bennett/Getty Images Designer Brands Inc. has its eyes on product, product and more product. The company is leaning more into athleisure as part of some anticipated changes to its assortment mix. And its eyeing private label […]
March 20, 2025 5:06 pm The Nike Vomero 18. Courtesy of Nike Shares of Nike ticked up nearly 3 percent after market close on Thursday as the brand reported a smaller-than-expected drop in third quarter sales. Net income at the Beaverton, Ore.-based company in Q3 was $794 million, down 32 percent from $1.2 billion in […]