Continued demand for casual footwear led Crocs to a record 2022. The shoemaker announced in a Thursday (Feb. 16) press release that it recorded $3.6 billion in revenue from its flagship brand and its Hey Dude line, with the company growing nearly 54% year over...
Bootmaker Dr. Martens is blaming balmy weather and warehouse troubles for declining profits. In a trading update Thursday (Jan. 19), CEO Kenny Wilson said that while demand for the brand’s famous eight-eyelet boots remained resilient, its third-quarter revenue fell short of the British company’s expectations, leading it to rethink its...
Post-pandemic, consumers are still buying shoes online. Footwear retailer Genesco said in a Friday (Dec. 2) presentation that both store and digital comparable sales were up during its third quarter that ended Oct. 29, and that this highlights the importance of giving consumers a choice of...
Buying expensive shoes can make debt-shy customers uncomfortable, and retailers can’t always drop prices to get them over the hump. In the latest Buy Now, Pay Later (BNPL) Tracker, Chad Miller, senior director of digital experience for footwear retailer Designer Brands (DSW) explains how BNPL...
February 16, 2023
Continued demand for casual footwear led Crocs to a record 2022. The shoemaker announced in a Thursday (Feb. 16) press release that it recorded $3.6 billion in revenue from its flagship brand and its Hey Dude line, with the company growing nearly 54% year over year. “We anticipate another record year in 2023 with growth […]
January 19, 2023
Bootmaker Dr. Martens is blaming balmy weather and warehouse troubles for declining profits. In a trading update Thursday (Jan. 19), CEO Kenny Wilson said that while demand for the brand’s famous eight-eyelet boots remained...
December 02, 2022
Post-pandemic, consumers are still buying shoes online. Footwear retailer Genesco said in a Friday (Dec. 2) presentation that both store and digital comparable sales were up during its third quarter that...
December 24, 2019
Nike’s new shoe featuring former Quarterback Colin Kaepernick sold out on its first day, according to CNBC. The ‘True to 7’ shoe, this year’s installment of Nike’s Air Force 1...
