On Sneaker Brand’s Shares Slump After Sales Disappoint
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.

From its origins making $2 footwear for plantation workers, the Brazilian flip-flop brand has expanded into more than 100 countries and launched new product categories including beachwear and sneakers.

From its origins making $2 footwear for plantation workers, the Brazilian flip-flop brand has expanded into more than 100 countries and launched new product categories including beachwear and sneakers.

Don't worry — there's no swoosh on the revamped version of the classic sneaker.

Don't worry — there's no swoosh on the revamped version of the classic sneaker.

"The Rise of Sneaker Culture," which opens at the Brooklyn Museum on Friday, traces the history of sneakers from their humble beginnings to iconic status.

"The Rise of Sneaker Culture," which opens at the Brooklyn Museum on Friday, traces the history of sneakers from their humble beginnings to iconic status.

New Balance is planning an advertising blitz that’s twice as big as any in its 109-year history, taking aim directly at Nike Inc.

New Balance is planning an advertising blitz that’s twice as big as any in its 109-year history, taking aim directly at Nike Inc.

In case you missed it, Skechers USA Inc. is on fire. Shares of the sneaker maker have doubled in just six months, giving it an almost $6 billion market value.

In case you missed it, Skechers USA Inc. is on fire. Shares of the sneaker maker have doubled in just six months, giving it an almost $6 billion market value.

Adidas plans to double sales of running shoes and increase its Originals streetwear revenue by 50 percent through 2020, the company said at an investor presentation.

Adidas plans to double sales of running shoes and increase its Originals streetwear revenue by 50 percent through 2020, the company said at an investor presentation.

Incumbents and new entrants alike are seizing the opportunity in Asia’s growing footwear market.

Incumbents and new entrants alike are seizing the opportunity in Asia’s growing footwear market.

Opening Ceremony has signed a global licensing agreement with Aldo Product Services to expand its footwear range.

Opening Ceremony has signed a global licensing agreement with Aldo Product Services to expand its footwear range.

Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.

Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.

Connie Rishwain, the president of its Ugg and fashion and lifestyle brands, is leaving the company.

Connie Rishwain, the president of its Ugg and fashion and lifestyle brands, is leaving the company.

The shoes that polarized a nation are being polished up for a comeback.

The shoes that polarized a nation are being polished up for a comeback.

BoF sits down with Charlotte Dellal and Bonnie Takhar to discuss the rise of seven-year-old footwear brand Charlotte Olympia, which blends British wit with Hollywood glamour and, last year, generated over $40 million in revenue.

BoF sits down with Charlotte Dellal and Bonnie Takhar to discuss the rise of seven-year-old footwear brand Charlotte Olympia, which blends British wit with Hollywood glamour and, last year, generated over $40 million in revenue.
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.