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The Week in Footwear: Under Armour Reports Another Disappointing Quarter

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Steve Madden impresses in Q3

footwear

Steve Madden saw a successful third quarter of fiscal year 2017 with a net sales increase and wholesale sales increase in line with projections. (Read More)

The FDRA launches new ‘Shoeconomy’ website

footwear

The Footwear Distributors and Retailers of America (FDRA) debuts a new website dedicated to showing the economics of the U.S. footwear industry. (Read More)

Under Armour reports another disappointing quarter; adjusts outlook

footwear

Under Armour experienced another rough quarter, showing a decline in overall revenue, with particular disappointment in North America. (Read More)

Skechers refutes class action; plans strong defense

footwear

Global footwear leader Skechers is denying allegations in the recent alleged shareholder class action lawsuit against it, and plans a fierce defense. (Read More)

FDRA data shows rise in footwear spending in rural America

footwear

A recent Footwear Consumer Spending Report found that Americans in rural areas are spending a record average amount on shoes. (Read More)

Deckers Brands announces stock repurchase authority; raises guidance for FY2018

footwear

Deckers Brands, parent company of Ugg and Teva, saw a successful second quarter despite a net sales drop. The brand also announced a $400 million repurchase plan after deciding not to sell. (Read More)

Keds Kids teams up with Kate Spade in first collaboration

footwear

Keds is making sure that the little ones stay stylish with the brand’s first-ever collaboration with Kate Spade for its Kids collection, which launched Wednesday. (Read More)

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