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Keds

Wolverine reports 34% Q1 sales fall, appoints new CFO

by David Johnson
Wolverine reports 34% Q1 sales fall, appoints new CFO

Wolverine World Wide announced on Wednesday revenue fell 34.1% to $394.9 million for the first quarter ended March 30, 2024, after downsizing its business throughout 2023. Wolverine reports 34% Q1 …

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Designer Brands 2023 sales hurt by softerning footwear market

by David Johnson
Designer Brands 2023 sales hurt by softerning footwear market

Designer Brands announced on Thursday sales for the fourth quarter decreased 0.8% to $754.3 million, on the back of a comparable sales decrease of 7.3%, hit by a “softening footwear market” in 2023. …

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Saucony signs pro runner Vanessa Fraser

by David Johnson
Saucony signs pro runner Vanessa Fraser

U.S. sportswear brand Saucony announced on Friday it has signed pro runner Vanessa Fraser to its roster of athletes. Vanessa Fraser – Saucony A seven-time All-American from Stanford University, Fraser, aged 27 …

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Wolverine ends 2023 with 20% sales decline, continues turnaround plan

by Lionel Rogers
Wolverine ends 2023 with 20% sales decline, continues turnaround plan

Wolverine World Wide announced on Wednesday revenue fell 20.8% to $526.7 million for the fourth quarter, with the footwear and apparel firm continuing to turnaround sales declines after downsizing its …

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Designer Brands names Andrea O’Donnell new brands president

by Lionel Rogers
Designer Brands names Andrea O’Donnell new brands president

Designer Brands Inc. announced on Monday the appointment of Andrea O’Donnell to the role of brands president and executive vice president of Designer Brands, effective January 29. Andrea O’Donnell – …

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Wolverine sell Asia-based leather business, reveals new Saucony and Merrell ops model for China

by Lionel Rogers
Wolverine sell Asia-based leather business, reveals new Saucony and Merrell ops model for China

Wolverine World Wide announced on Monday plans to sell its Saucony intellectual property in China, and its Asia-based Wolverine leathers business, the latest in the trimming of its brand portfolio. Wolverine sells …

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Designer Brands sales down over 9% in Q3

by Lionel Rogers
Designer Brands sales down over 9% in Q3

Designer Brands Inc., the Columbus, Ohio-based owner of the DSW Designer Shoe Warehouse, The Shoe Company and Shoe Warehouse retail chains, announced on Tuesday that net sales decreased by 9.1% …

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Wolverine Q3 sales plummet across its portfolio, reveals transformation plan

by Lionel Rogers
Wolverine Q3 sales plummet across its portfolio, reveals transformation plan

Wolverine World Wide said on Thursday revenues declined 23.7% to $527.7 million in the third quarter, on the back of hefty declines across most of the U.S. firm’s brands, except …

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