FDRA was the first and remains the only trade organization focused solely on the footwear industry. Founded in 1944, FDRA represents the entire footwear industry from small family owned footwear businesses to global footwear companies. It also serves the full supply chain of the footwear indust... Read more...
Aetrex is one of the leading footwear companies in the US and around the world. Today, Aetrex is proud to offer fashion forward styles with innovative features designed to help you feel great on your feet and promote a healthy and active lifestyle After two years of development, Aetrex Worldwide ... Read more...
BARCELONA—In 30 years, your shoes will be smarter than you. That’s not meant to be an insult but rather what Masayoshi Son believes will be the case as robots outnumber humans and exceed their intelligence in just three decades. The chairman and CEO of Japan’s SoftBank Group outlined his... Read more...
The footwear components market is uniting. Sols, based in New York, was founded in 2013. It uses computer vision, computational geometry and biomechanics to create 3-D models of an individual’s anatomy based on photos from its imaging system, the first available on a smartphone. The 3-D models ... Read more...
E-commerce plays, a new emphasis on experiential spending and the decline of brick-and-mortar aren’t the only things fashion firms have to contend with these days. According to experts, the rise of fast fashion and an increasingly social-media-obsessed culture are creating new hurdles for foot... Read more...
In retail’s latest case of “same script, different cast,” Crocs Inc. is the latest brand to announce plans to shutter doors amid tough retail times. After announcing last revenue declines across multiple geographies as well as sluggish wholesale, retail and digital sales, the clog maker fol... Read more...
A spokesperson for ShoeBuy told Footwear News today that the latest move is a part of the company’s larger digital goals. Starting today, visitors to Shoes.com will find a new homepage with links to ShoeBuy.com, where they can shop 800-plus footwear brands, as well as outerwear and handbags, Pr... Read more...
The decision to file Chapter 11 is rarely an overnight one. The deliberation and consultation in the lead-up to bankruptcy can take months, or even years, and the processes involved in filing can be just as rigorous and time-consuming. But — whatever their reasoning and however long it took the... Read more...
In the face of rising competition, an ongoing slowdown in North America and consumer shifts, Nike Inc. is asking shareholders to focus on its long-term growth prospects. Following the release of its third-quarter earnings results Tuesday — which showed sluggish overall sales growth for the firm... Read more...
The footwear business is in decline for many in Russia as fewer consumers are opting to buy shoes. Prices have surged over the past two years — increasing 15 to 20-percent for budget-friendly footwear, and 100-percent higher for luxury shoes, Newsweek reported, adding that 50-percent of Russi... Read more...
In today’s swiftly evolving retail world, at least two things are certain: Experience matters, and digital technology isn’t going anywhere. The savviest companies are absorbing those truths and searching for fresh innovations to inject newness into their selling strategy. For the Melissa br... Read more...
Celebrities marched out in some striking looks at the 2017 Met Gala on Monday, where Katy Perry, Blake Lively and more boldface names helped launch the Metropolitan Museum of Art’s “Rei Kawakubo/Comme des Garçons: Art of the In-Between” exhibit in New York City. Reebok has reimagined some o... Read more...