Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
footwear
Partner Content
Inside the Apparel Team at On with Tim Coppens
On’s apparel designer discusses how collaboration, product innovation and sustainability plays into the design approach at the Roger Federer-backed Swiss sportswear brand.
Inside the Apparel Team at On with Tim Coppens
On’s apparel designer discusses how collaboration, product innovation and sustainability plays into the design approach at the Roger Federer-backed Swiss sportswear brand.
Retail
Dr. Martens Shares Rise on Report of Stake Building by Activist Investor
Britain’s Dr. Martens’ shares were trading up 4 percent after Sky News reported that activist fund manager Sparta Capital accumulated stock worth tens of millions of pounds in the London-listed bootmaker.
Dr. Martens Shares Rise on Report of Stake Building by Activist Investor
Britain’s Dr. Martens’ shares were trading up 4 percent after Sky News reported that activist fund manager Sparta Capital accumulated stock worth tens of millions of pounds in the London-listed bootmaker.
Direct-to-Consumer
Tamara Mellon Announces Partnership With Footwear Licensing Company
Luxury shoe designer Tamara Mellon is partnering with licensing company Titan Industries to operate and manufacture her namesake brand, the two companies announced Friday.
Tamara Mellon Announces Partnership With Footwear Licensing Company
Luxury shoe designer Tamara Mellon is partnering with licensing company Titan Industries to operate and manufacture her namesake brand, the two companies announced Friday.
Partner Content
Inside the Future of Footwear Manufacturing
BoF and the Portuguese Footwear Association co-hosted a panel discussion on the rapidly evolving footwear industry with CLINTS founder Junior Clint, Maria José Ferreira, head of research and development at the Portuguese Footwear Research and Technical Centre, and The Future Laboratory’s Marta Indeka.
Inside the Future of Footwear Manufacturing
BoF and the Portuguese Footwear Association co-hosted a panel discussion on the rapidly evolving footwear industry with CLINTS founder Junior Clint, Maria José Ferreira, head of research and development at the Portuguese Footwear Research and Technical Centre, and The Future Laboratory’s Marta Indeka.
Retail
Adidas Swamped With $565 Million in Orders for Unsold Yeezy Shoes
Adidas got orders worth more than €508 million ($565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast,” the Financial Times reported on Monday.
Adidas Swamped With $565 Million in Orders for Unsold Yeezy Shoes
Adidas got orders worth more than €508 million ($565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast,” the Financial Times reported on Monday.
Luxury
Tod’s Creative Director Walter Chiapponi to Step Down
Italian luxury fashion group Tod’s said on Wednesday that creative director Walter Chiapponi was leaving the company “by mutual agreement” after four years.
Tod’s Creative Director Walter Chiapponi to Step Down
Italian luxury fashion group Tod’s said on Wednesday that creative director Walter Chiapponi was leaving the company “by mutual agreement” after four years.
Luxury
Hermès Settles Skechers Patent Lawsuit Over Shoe Soles in New York
The filing said the two sides signed a confidential settlement agreement on Monday.
Hermès Settles Skechers Patent Lawsuit Over Shoe Soles in New York
The filing said the two sides signed a confidential settlement agreement on Monday.
Luxury
Michael Jordan’s Air Jordans Break Sneaker Auction Record
A pair of red-and-black Air Jordan 13 sneakers worn by basketball superstar Michael Jordan sold for $2.2 million on Tuesday, setting a new record for most valuable sneakers sold at auction.
Michael Jordan’s Air Jordans Break Sneaker Auction Record
A pair of red-and-black Air Jordan 13 sneakers worn by basketball superstar Michael Jordan sold for $2.2 million on Tuesday, setting a new record for most valuable sneakers sold at auction.
Sustainability
Shoes Collected by Dow for Recycling Are Being Resold
A Reuters investigation found some shoes meant for recycling in Singapore ended up in shops in Indonesia, where it is illegal to import second-hand clothing.
Shoes Collected by Dow for Recycling Are Being Resold
A Reuters investigation found some shoes meant for recycling in Singapore ended up in shops in Indonesia, where it is illegal to import second-hand clothing.
Luxury
BoF Insights | Why Burberry Is Putting Statement Shoes in the Spotlight
Creative director Daniel Lee’s debut show underscored the luxury industry’s focus on designer shoes to drive growth, with a big nod to the hybrid glam-comfort styles that luxury customers now crave.
BoF Insights | Why Burberry Is Putting Statement Shoes in the Spotlight
Creative director Daniel Lee’s debut show underscored the luxury industry’s focus on designer shoes to drive growth, with a big nod to the hybrid glam-comfort styles that luxury customers now crave.
Sports
Salomon’s Super Bowl Surprise
Rihanna wore Salomon’s “Cross Low” sneakers as part of her all-red ensemble during the halftime performance, marking the culmination of the brand’s recent rise in fashion.
Salomon’s Super Bowl Surprise
Rihanna wore Salomon’s “Cross Low” sneakers as part of her all-red ensemble during the halftime performance, marking the culmination of the brand’s recent rise in fashion.
Retail
Report: Beyoncé's Ivy Park Misses Adidas’ Sales Targets
Sales for the singer’s inclusive streetwear line, which is produced in collaboration with Adidas, fell more than 50 percent in 2022 to $40 million, far below Adidas’ $250 million revenue projections, according to a new report from the The Wall Street Journal. Adidas also anticipated losing $10 million from the partnership last year.
Report: Beyoncé's Ivy Park Misses Adidas’ Sales Targets
Sales for the singer’s inclusive streetwear line, which is produced in collaboration with Adidas, fell more than 50 percent in 2022 to $40 million, far below Adidas’ $250 million revenue projections, according to a new report from the The Wall Street Journal. Adidas also anticipated losing $10 million from the partnership last year.
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.