Tag: Footwear

US Consumers Will Abandon Brands Amid Price Hikes: Report

A significant number of consumers in the United States will forsake brands if retail prices increase, with nearly 75% stating they would opt for...

TEMU Can No Longer Import Uncertified Items to Turkey

The Turkish Ministry of Trade has announced that uncertified products sold on e-commerce platforms like TEMU will no longer be allowed to enter Turkey....

Nike Re-enters Amazon Marketplace Amid Wholesale Challenges

In a significant shift in strategy, Nike has officially announced its return to the Amazon marketplace, marking a notable comeback after previously exiting in...

Shoe Carnival Reports Q1 FY25 Sales Drop, Expands Strategy

Shoe Carnival, a prominent US footwear retailer, reported a 7.5 per cent drop in net sales, reaching $277.7 million in the first quarter (Q1)...

Misto Holdings Q1 FY25 Revenue Rises 4.6% to $892.8M

South Korea’s leading sportswear company, Misto Holdings, previously known as Fila Holdings, reported a 4.6 per cent year-over-year (YoY) increase in consolidated revenue, reaching 1.24 trillion won...

DICK’S Acquires Foot Locker in $2.5B Strategic Merger

DICK'S Sporting Goods, Inc. (NYSE: DKS), a prominent U.S.-based omni-channel sporting goods retailer, has entered into a definitive merger agreement to acquire Foot Locker,...

Lululemon Commits To 50% Renewable Electricity Target For Core Suppliers

VANCOUVER, British Columbia — Lululemon, global performance apparel, footwear, and accessories company, has publicly committed to achieving a 50% renewable electricity target across its core suppliers...

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