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Stepping Up in Style: The MAC-Top Sneakers by CHEETOS Mac ‘N Cheese and Coral Castillo
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Stepping Up in Style: The MAC-Top Sneakers by CHEETOS Mac ‘N Cheese and Coral Castillo

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In a unique blend of fashion and food, CHEETOS Mac ‘N Cheese has teamed up with renowned designer and macramé artist, Coral Castillo, to create an exciting new line of footwear and accessories. This collaboration, known as the CHEETOS Mac ‘N Cheese x Coral Castillo MAC’ramé Collection, is set to make waves in the fashion industry with its bold and distinctive designs. The collection’s standout piece is undoubtedly the MAC-Top Sneakers. These shoes are a playful reinterpretation of Chester Cheetah’s signature apparel, featuring Castillo’s handmade macramé designs. The sneakers are lined with cheetah print on the insole and shoe tongue,… VIEW the POST

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HOKA Offers Sneaker Performance to Empower New Runners
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HOKA Offers Sneaker Performance to Empower New Runners

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HOKA®, a division of Deckers Brands, announces the launch of the new Clifton 9, available today on HOKA.com and at select HOKA retailers worldwide. The ninth iteration of the award-winning Clifton franchise represents a substantial reimagining of HOKA’s beloved daily trainer, providing runners of all types the opportunity to enhance their daily mileage. The new Clifton 9 has shaved four grams of weight, while defying expectations by adding 3mm of stack height to enhance the shoe’s legendary light-and-plush ride. The revitalized underfoot experience stems from an all-new and responsive midsole foam and an improved outsole design. Doing away with overlays and hotmelts,… VIEW the POST

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Crocs Hits Record Annual Revenues of $3.6 Billion
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Crocs Hits Record Annual Revenues of $3.6 Billion

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Crocs, a world leader in innovative casual footwear for women, men, and children, today announced its fourth quarter and full year 2022 financial results. Andrew Rees, Chief Executive Officer said: “Consumer demand for the Crocs and HEYDUDE brands has been exceptional, fueling record 2022 revenues for both brands at a combined $3.6 billion and top-tier adjusted operating margin of 28%,” he continued. “We anticipate another record year in 2023 with growth expected to be led by sandals and international for the Crocs Brand and increased US market penetration for HEYDUDE.” “Crocs, Inc. has industry-leading operating margins and generates robust cash flow… VIEW the POST

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The Athlete’s Foot Hits Record Global Retail Earnings 2023
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The Athlete’s Foot Hits Record Global Retail Earnings 2023

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The Athlete’s Foot, a specialty footwear and lifestyle chain, just released its financial earnings for 2022, reporting retail revenue of $555M globally, growth of 10%+ from 2021. The numbers show that TAF successfully navigated a difficult retail environment plagued by supply chain challenges, rising inflation, socioeconomic and political unrest. The brand is looking forward to a solid and successful start to 2023 powered by a host of new brand partnerships, store locations and most importantly, the Spring launch of TAF’s 3.0 omnichannel store concept. Param Singh, owner, and CEO of Arklyz Group, which owns TAF globally, said: “Although the retail landscape… VIEW the POST

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Sketchers Launches DVF Collection With Fashion Icon Diane von Furstenberg
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Sketchers Launches DVF Collection With Fashion Icon Diane von Furstenberg

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Confidence meets comfort in an exciting new footwear and apparel collaboration between Skechers and fashion industry icon, Diane von Furstenberg. Launching globally, Skechers x DVF is a celebration of effortless style and fashion-forward design that blends the designer’s signature prints and bold colors with the unparalleled comfort of Skechers. “As a woman on the go and a passionate hiker, I’m excited to launch our collaboration with Skechers, a leader in comfort innovation,” said Diane von Furstenberg. “This empowering offering is designed for those who push boundaries, challenge the norms and inspire others.” The Skechers collaboration with Diane von Furstenberg launches… VIEW the POST

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Jenna Ortega Becomes Adidas New Brand Ambassador
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Jenna Ortega Becomes Adidas New Brand Ambassador

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Adidas announces Jenna Ortega will be joining Adidas ambassador endorsement deal. Ortega will be the face of a new Adidas collection that has not been announced yet. Most recently, she rose to mainstream stardom for her role as Wednesday Addams in the TV series Wednesday.   View this post on Instagram   A post shared by Jenna Ortega (@jennaortega) VIEW the POST

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  • Wittner Enters Voluntary Administration With $25 Million in Liabilities Australia 2025

    Wittner Enters Voluntary Administration With $25 Million in Liabilities Australia 2025

    Wittner is facing a major financial crisis as it enters voluntary administration with millions owed to creditors.

    Australian footwear brand Wittner is now under voluntary administration, with recent filings revealing $25 million in debts to a range of creditors. Deloitte Turnaround & Restructuring partners Sal Algeri and David Orr have been appointed as administrators to oversee the process.

    Major Debts and Creditors

    ASIC documents obtained by Ragtrader show:

    • $13 million owed to Hilco Capital, Wittner’s owner and the new owner of Cue and Veronika Maine.

    • Nearly $1.5 million in loans to related parties.

    • $3.65 million owed to the Australian Taxation Office.

    • $45,163 in payroll tax.

    • $6.8 million to trade creditors, including landlords, utilities, technology providers, suppliers, and banks.

    • $965,000 in employee entitlements, including $392,000 in annual leave and $366,000 in long service leave.

    Wittner entered administration with $6.4 million in stock, just over $400,000 in cash, and more than $900,000 in rental deposits.

    Money Owed to Wittner

    At the time of entering administration, Wittner owed $318,303.44 from Myer, David Jones, and The Iconic. The current status of these receivables is not confirmed.

    Brand Background

    Founded in 1912 as Australia’s first mail-order footwear business, Wittner now operates:

    Wittner has a large customer base, comprising over 300,000 Wittner Co. Rewards members and more than 400,000 social media followers.

    Company and Administrator Statements

    Wittner said cost pressures drove the decision to enter administration:

    Wittner is a heritage brand with a rich history of over 100 years in the Australian footwear market,” the company shared in a statement. “Over the last twelve months we have achieved strong growth in online sales, and significant sales growth from the expansion of sites across the Myer network.

    “However, the growth in sales has been eroded by cost pressures from rising wages and occupancy costs, and more recently challenging trading conditions and supply-chain disruptions.

    “We have invested in our range and teams over the last twelve months and remain committed to the Wittner business. We will work closely with the administrators to achieve the best outcome for the business and its stakeholders.”

    Joint administrator Sal Algeri highlighted the focus on stability and the ongoing search for new investors:

    “We understand the appointment of administrators will be particularly concerning to Wittner’s employees, as well the very loyal customer base it has built over decades,” Algeri explained.

    “Please be assured that trade will continue on a business-as-usual basis as we conduct an urgent review of the group’s finances and seek expressions of interest (EOI)s from parties interested in the sale or recapitalisation of this iconic Australian brand,” Algeri added.

    What’s Next

    Administrators are actively seeking a sale or recapitalisation. Wittner’s long history and loyal customer base are strong indicators of its importance in the Australian retail sector.

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  • Crocs Cuts Emissions 10% Per Pair With Bio-Circular Materials

    Crocs Cuts Emissions 10% Per Pair With Bio-Circular Materials

    Crocs has made measurable progress in its sustainability journey, reporting a 10% reduction in emissions per pair of Classic Clogs since 2021 through innovations in bio-circular materials and expanded recycling programs.

    Crocs has released a new sustainability report detailing the progress of its sustainability efforts over the past year, highlighting significant strides in materials innovation, emissions reduction, circularity, and community impact.

    Purpose Strategy: A Foundation for Progress

    “Our ‘Purpose’ strategy is a catalyst for stronger business outcomes and a more comfortable world for all,” said Crocs’ chief executive officer Andrew Rees. “In embracing this shared understanding, our global teams have approached Purpose with a spirit of collaboration and a focus on innovation. Embedding impact into the way we operate isn’t just about doing good, it’s also about creating a resilient, future-ready business.”

    Materials Innovation and Emissions Reduction

    One of the key highlights from the report is Crocs’ focus on raw materials innovation to reduce the carbon footprint of its popular Classic Clog by 50 percent by 2030. The company is also targeting net zero emissions by 2040.

    “We are identifying opportunities for meaningful emissions reductions across our operations, in our raw materials, and through our transportation and distribution,” the report noted.

    Crocs achieved 25 percent bio-circular content in its proprietary Croslite material, which now represents more than 80 percent of the firm’s total materials portfolio, including the Classic Clog.

    “The increased use of bio-circular content in Croslite material lowered emissions per pair of Crocs Classic Clogs by nearly 5 percent in 2024 compared to 2023 and approximately 10 percent from its 2021 baseline year,” the company said.

    Circularity and Consumer Engagement

    Crocs expanded its consumer take-back program, Old Crocs. New Life., from a pilot to all 183 of its doors in the continental U.S. and Canada, and introduced a no-cost mail-in option in 2024. This month, the program was further expanded to all Crocs-owned stores across Europe.

    In response to “strong consumer engagement,” Crocs launched a limited edition Keep It Going Classic Clog made from shoes collected through the take-back program. This new clog features 25 percent post-consumer recycled content, visible specs of recycled shred, and a custom back-strap and rivet design to highlight its circularity story.

    Supply Chain Responsibility

    Crocs reported that all factories and suppliers across its Hey Dude and Crocs brands completed social compliance audits for 100 percent of Tier 1 factories by 2023 and are on track for 100 percent of Tier 2 suppliers by 2024.

    “Our oversight structures help us gather insight into the aspects of our supply chain that we don’t directly control,” the company said in its report.

    Community Impact: Step Up to Greatness

    Last year, Crocs introduced Step Up to Greatness, a community impact program aimed at helping young adults aged 15 to 29 gain skills and access opportunities to support their communities. Crocs has committed to supporting more than 3 million people through partnerships with nonprofits such as UNICEF’s Upshift and the Big Brothers Big Sisters youth mentoring program. Consumers can also support the youth mentoring organization at the point of sale in Hey Dude and Crocs stores in the U.S. and on crocs.com.

    Looking Ahead

    Crocs’ Purpose strategy remains focused on creating sustained, shared value for its business, people, and the planet, underpinned by a commitment to responsibility and strong corporate governance.

    “We have a lot of work ahead of us, and I am confident in our team’s collective efforts to create a more comfortable world for all,” said Crocs’ chief sustainability officer Deanna Bratter.

  • Birkenstock Unveils Legal Push in India Targeting Fake Sandals

    Birkenstock Unveils Legal Push in India Targeting Fake Sandals

    A surge in counterfeit sandals has prompted Birkenstock to take decisive legal action in India aiming to safeguard its brand and loyal customers.

    Indian court-appointed legal representatives inspected small-scale factories in recent weeks to seize suspected counterfeit Birkenstock footwear, after the German brand launched an infringement lawsuit, people familiar with the matter said.

    Birkenstock‘s case is happening as other shoemakers are also making headlines in India. Crocs this month secured a court nod to pursue a nine-year-old infringement case, while Prada is facing criticism for showcasing sandals similar to ethnic Indian footwear without initially giving credit to India.

    The Lawsuit and Factory Inspections

    Reuters is first to reveal the Indian case details related to Birkenstock sandals, which have evolved from a counterculture symbol to a trendy fashion item, and are also popular in India.

    • In May, Birkenstock filed an infringement lawsuit in the Delhi High Court against four footwear traders, four factories, and two unnamed individuals.

    • Its complaint stated an internal investigation found counterfeits were being made in rural areas in and around the tourist hub of Agra, and sold locally and exported to other countries.

    On May 26, Delhi judge Saurabh Banerjee issued a confidential order that was only made public on the court’s website last week. It said 10 local lawyers were appointed as commissioners to visit the suspected factories.

    Court Orders and Seizures

    The judge said commissioners can “seize, pack and seal the infringing products”, and his order included photographs that Birkenstock submitted showing the alleged counterfeit footwear and shoe boxes with the company’s branding.

    • The visits have been completed and reports were submitted confidentially to the judge, the three people familiar with the matter explained, asking to remain unidentified.

    • The next hearing in the case is set for October 6.

    • The visits were conducted in Agra, home to the Taj Mahal, and in India’s capital New Delhi, though further details from the inspection remain confidential.

    Birkenstock did not respond to queries from Reuters and its lawyers from Delhi-based law firm Lall and Sethi declined to comment, citing the pending legal case.

    Judge’s Observations

    In his May order, Banerjee said he reviewed photographs and samples of the alleged counterfeit products in court, and they “seem like a cheap knock off” of Birkenstock products.

    Banerjee: ‘There is all likelihood of the public getting deceived … The differences, hardly if any, are not something which can be discernable to the naked eyes,’” he wrote.

    Birkenstock’s Cultural Impact and Broader Context

    Once popular with hippies, tech enthusiasts and medical professionals, Birkenstock gained widespread attention after Australian actress Margot Robbie wore a pair of pink Birkenstocks in the final scene of the 2023 hit movie “Barbie“.

    In February, a German court said Birkenstocks sandals do not qualify as art and are therefore not protected by copyright, dismissing a lawsuit brought by the German company.

    In India, Birkenstock footwear for women is priced between $46 and $233.

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  • The Best Men’s Wedding Shoes for 2025

    The Best Men’s Wedding Shoes for 2025

    Step up your wedding style with these top men’s shoes for 2025.

    Choosing the right wedding shoes is as crucial as selecting your suit or tuxedo. For 2025, the best men’s wedding shoes combine classic craftsmanship, innovative materials, and a sense of personal style. Whether you’re the groom, a groomsman, or a guest, these standout pairs will ensure you look your best from the aisle to the dance floor.

    Merlin in Black Patent

    Mr Porter said: “These Oxfords are whole-cut from a single piece of polished patent-leather for a clean-lined finish. They have smooth hide linings and are set on Goodyear-welted soles.”

    The Merlin in Black Patent is the epitome of formal elegance. Crafted from a single piece of polished patent leather, this whole-cut Oxford delivers a sleek, uninterrupted silhouette—perfect for black-tie weddings. The Goodyear-welted sole ensures durability and comfort, while the smooth hide lining enhances the wearing experience.

    Montpellier 2

    While specific details for the Montpellier 2 are not included in the search results, this model is recognized among connoisseurs for its refined shape and versatile appeal, making it a reliable choice for both traditional and contemporary ceremonies.

    Alessandro Galet Scritto Leather Oxford

    Berluti said: “The Alessandro Galet Oxfords, from the brand’s Permanent Collection has everything you could want in a dress shoe — the lace-up style features comfort and elegance all in one. An asymmetrical Scritto pattern engraved on the right foot while the left one remains plain decorate the pair for an unerringly sophisticated design that is sure to outlive the others — it’s a Berluti icon.”

    This iconic Berluti model features a unique asymmetrical Scritto pattern, with one shoe engraved and the other left plain. Crafted from Venezia Scritto calfskin, these Oxfords blend artistry and tradition, making them ideal for grooms seeking a statement piece that remains timeless.

    LIZARD TASSEL LOAFER 80215 UETAM

    Carmina Shoemaker said: “Sophisticated tassel loafers in the finest genuine brown lizard skin. The cut is hand dyed by expert craftsmen giving the lizard skin a dark chocolate color. Featuring a bark-tanned leather sole from Rendenbach Jr. and 100% calf lining.”

    For summer weddings or less formal affairs, these hand-dyed brown lizard loafers offer a luxurious, exotic touch. The Italian-inspired Uetam last ensures a refined, narrow profile, while the Goodyear welt and Rendenbach JR. sole promise comfort and longevity.

    Berkeley

    The Berkeley is a refined Oxford that exemplifies understated sophistication. Its sleek cap-toe design and premium leather construction make it a versatile choice for any wedding setting.

    Imperial

    A vintage favorite, the Imperial stands out for its robust construction and timeless brogue detailing. The black pebbled grain leather and long wingtip design make it a sophisticated option for those who appreciate heritage style.

    Dark Brown Lazy Man Brogues

    Lazy Man Brogues are known for their slip-on convenience paired with classic brogue styling—perfect for grooms who want both ease and elegance.

    Teal

    Teal wedding shoes are a bold way to add personality and flair to your wedding ensemble. Options range from luxurious velvet loafers with golden embroidery for a touch of elegance and comfort, to handcrafted jute mojaris that bring a unique, cultural edge to your look

    VASS SHOES – Fully handcrafted shoes for gentlemen

    VASS Shoes are synonymous with old-world craftsmanship, offering fully handcrafted shoes that cater to connoisseurs of bespoke footwear. Their attention to detail and fit make them a superb choice for weddings where only the best will do.

    ALDWYCH

    The Aldwych is a staple in many formal wardrobes, known for its clean lines and versatility. Typically available in black or brown, it’s a reliable option for virtually any wedding dress code.

    The Jack Shoe in Eden

     The Jack Shoe in Eden suggests a unique colorway or finish—ideal for those seeking a subtle twist on classic wedding footwear.

    Anders Split Toe Derbies – men’s

    Split toe derbies like the Anders model strike a balance between formality and comfort. The split toe adds visual interest, while the derby construction ensures a flexible fit, perfect for long wedding days.

    How to Choose the Right Pair

    • Formality First: For black-tie weddings, patent leather Oxfords like the Merlin are a safe bet.

    • Material Matters: Genuine leather, exotic skins, and handcrafted details enhance your look and comfort.

    • Color Coordination: Stick to black, brown, or deep shades for most weddings. Teal or patterned shoes can work for more relaxed or creative dress codes.

    • Comfort Counts: Weddings are long—choose shoes with quality construction, such as Goodyear or Blake welts, and prioritize fit.

    The right wedding shoe is the finishing touch that brings your entire look together. Whether you opt for timeless Oxfords, luxurious loafers, or handcrafted masterpieces, these selections for 2025 ensure you’ll step into your big day with confidence and style.

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  • Nike Becomes Official Sportswear Partner for Team Visma Lease a Bike in 2025 Rollout

    Nike Becomes Official Sportswear Partner for Team Visma Lease a Bike in 2025 Rollout

    Team Visma | Lease a Bike has chosen Nike as its new off-bike sportswear supplier starting July 2025.

    A New Era of Collaboration

    This partnership is not just about apparel; it’s about a shared vision and ambition. Team Visma | Lease a Bike has always sought to align itself with brands that mirror its values—dedication, innovation, and a commitment to making a difference in the world of sport. By bringing Nike on board, the team signals its intent to look beyond victories and podium finishes, focusing instead on broader impact and legacy.

    “We actively seek partnerships with brands that strive not only for victories but also for meaning and impact. In the end, it’s about what you leave behind. That’s where Nike and Team Visma | Lease a Bike find common ground. It aligns perfectly with our own belief: we ride for more,”
    Richard Plugge, CEO of Team Visma | Lease a Bike said.

    What the Partnership Means

    Under the terms of the new agreement, Nike will supply all off-bike apparel for Team Visma | Lease a Bike. This includes everything from jackets and shirts to the caps and beanies worn by riders during podium ceremonies. The partnership goes beyond simply outfitting the team; it represents a holistic approach to team identity, professionalism, and fan engagement.

    The collaboration will see Nike’s signature style and performance-driven design integrated into the team’s everyday wear, ensuring that both riders and staff represent the best in sportswear technology and fashion, even when they’re not racing.

    Shared Values: Riding Beyond Victory

    The partnership is built around the team’s motto: We ride beyond victory. This philosophy is about more than just winning races—it’s about making a lasting impact, inspiring fans, and setting new standards in the sport.

    “It’s fantastic to see Nike partnering with Team Visma | Lease a Bike. After all, they only go for the very best. This collaboration also offers valuable opportunities in terms of brand visibility and premium merchandise for our fans,”
    Plugge added.

    By joining forces with Nike, Team Visma | Lease a Bike is aligning itself with a brand that has a storied history of supporting athletes and pushing the boundaries of what’s possible in sports. The partnership is expected to open new doors for both organizations, particularly in terms of global brand visibility and the creation of exclusive merchandise for fans.

    Looking Ahead: Opportunities for Fans and the Team

    For fans of Team Visma | Lease a Bike, this partnership means access to premium Nike merchandise that reflects the team’s identity and values. The collaboration is expected to produce a range of stylish and functional apparel, allowing supporters to feel even more connected to their favorite team.

    For the team itself, working with Nike is an opportunity to benefit from the latest in sportswear innovation, ensuring that riders and staff are comfortable, stylish, and ready to represent the team at the highest level—whether they’re at the race, on the podium, or engaging with fans around the world.

    Looking Ahead

    The announcement of Nike as the official sportswear supplier for Team Visma | Lease a Bike is more than just a sponsorship deal—it highlights the team’s commitment to excellence, both in competition and in the way it presents itself to the world. As the partnership unfolds, fans can look forward to seeing the iconic Nike swoosh alongside the yellow and black of Team Visma | Lease a Bike, symbolizing a union built on shared ambition, innovation, and the drive to ride for more

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  • JD Sports Unveils Vancouver Flagship With Plans for 17 More Stores

    JD Sports Unveils Vancouver Flagship With Plans for 17 More Stores

    JD Sports has opened its first Canadian flagship store on Vancouver’s Robson Street, marking its largest investment in the country and setting the stage for 17 more locations by 2026.

    JD Sports has made a major statement in Canadian retail, opening its first flagship store on June 21 on Vancouver’s iconic Robson Street. This milestone marks the brand’s largest investment in Canada to date, with exciting plans for even more JD stores nationwide by the end of 2026.

    A New Era for Sports Fashion in Canada

    The new flagship is described as a “next-level retail destination” packed with cutting-edge design, exclusive drops, and immersive experiences that redefine sports fashion in Canada. JD’s arrival brought “the brand’s signature retail experience and unstoppable style credentials from the world’s most influential sportswear brands.”

    This opening builds on JD’s existing Canadian footprint and is a key step in the brand’s North American growth strategy, creating “a real buzz in one of its most vibrant shopping destinations.”

    Expansion Plans

    JD plans to follow its 34th Canadian store with “17 additional new stores in Canada by the end of 2026, as the brand brings the vibes to more and more customers.” Stay updated on future store openings and expansion news.

    Why Robson Street?

    Robson Street, known as Vancouver’s premier shopping and cultural hub, “provides the perfect setting for JD’s flagship debut in Canada.” The Robson Street store is JD’s first exterior street-front location in the country, joining global flagship destinations like Oxford Street in LondonChamps-Élysées in Paris, and Times Square in New York.

    This high-visibility location “reflects JD’s dedication to accessibility in major urban centers and its confidence in the vibrancy of Vancouver’s retail scene.”

    Exclusive Products and Experiences

    The flagship features a premium product assortment and exclusive brand partnerships. The focus on ‘Global Access’ “ensures that shoppers will have access to exclusive products and limited-edition releases not available anywhere else in Canada.”

    Gary Ochi, Chief Executive Officer for JD Canada, said:

    “This launch of this landmark store signals the next phase of our expansion with 17 additional openings planned across Canada in the next 18 months, as we double down on our ambition to be the go-to destination for sports fashion in North America. Vancouver’s vibrant culture and Robson Street’s reputation as a premier shopping destination make it the perfect home for our first Canadian flagship. We have designed this space to inspire our customers, offering them access to exclusive products, cutting-edge store design, and the best in sports fashion.”

    Grand Opening Highlights

    The grand opening was celebrated with a weekend of events, including:

    • Live DJ performances

    • Exclusive product drops

    • Interactive experiences for customers

    Standout Store Features

    The Vancouver flagship is designed to impress, featuring:

    • Double-height shopfront and the largest LED display in JD’s Canadian footprint, “bringing the energy of global retail landmarks like Times Square to Vancouver’s doorstep.”

    • Digital portal entrance with an LED sushi stand, DJ booth, and click-and-collect station.

    • Dumbwaiter system for efficient stock delivery.

    • Upgraded Stingray sound system, also used by Nike, for an immersive in-store atmosphere.

    • Shop-in-shops for brands like NikeNew Balance, and Adidas.

    • Digital lightboxes throughout the store, showcasing JD’s hottest drops and premium offerings.

    With this opening, JD now boasts an impressive network of stores across North America, following the recent launch of its third US flagship in Las Vegas.

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  • Nike Revenue Falls 10% to $46.3 Billion Amid Strategic Overhaul

    Nike Revenue Falls 10% to $46.3 Billion Amid Strategic Overhaul

    Nike unveils a strategic reset with its “sport offense” initiative after posting a 10% revenue decline for fiscal 2025.

    NIKE  has just released its fiscal 2025 fourth quarter and full year results, marking a pivotal moment for the global sportswear giant. The numbers reflect both the challenges of the past year and a bold new direction as the company launches its “sport offense” strategy.

    Revenue Recap: Facing Downturns, Planning for Growth

    • Full-year revenues landed at $46.3 billion, a 10% drop from last year.

    • Fourth quarter revenues came in at $11.1 billion, down 12%.

    • NIKE Direct revenues for Q4 were $4.4 billion, a 14% decline, while wholesale revenues dropped 9% to $6.4 billion.

    • Gross margin for Q4 fell by 440 basis points to 40.3%.

    • Diluted earnings per share for the quarter stood at $0.14.

    Leadership’s Candid Take: “Not Where We Want to Be”

    Elliott Hill, President & CEO, didn’t mince words:

    “While our financial results are in-line with our expectations, they are not where we want them to be. Moving forward, we expect our business to improve as a result of the progress we’re making through our Win Now actions.”

    He added:

    “As we enter a new fiscal year, we are turning the page and the next step is aligning our teams to lead with sport through what we are calling the sport offense. This will accelerate our Win Now actions to reposition our business for future growth.”

    What Is the “Sport Offense” Realignment?

    NIKE’s new approach is all about:

    • Driving distinction within key sports

    • Building a complete product portfolio

    • Creating stories to inspire and connect with consumers

    • Elevating and growing the entire marketplace

    CFO’s Perspective: Headwinds and Confidence

    Matthew Friend, Executive Vice President & CFO, commented:

    “The fourth quarter reflected the largest financial impact from our Win Now actions, and we expect the headwinds to moderate from here. I am confident in our ability to navigate through this current dynamic and uncertain environment by focusing on what we can control and executing our Win Now actions.”

    Deeper Dive: Q4 and Full Year Performance

    Q4 Highlights

    • NIKE Brand revenues: $10.8 billion, down 11%

    • NIKE Direct: $4.4 billion, down 14%, with a 26% drop in digital offset by a 2% rise in NIKE-owned stores

    • Wholesale: $6.4 billion, down 9%

    • Converse: $357 million, down 26%

    • Net income: $0.2 billion, down 86%

    • EPS: $0.14, down 86%

    Full Year Highlights

    • NIKE Brand revenues: $44.7 billion, down 9%

    • NIKE Direct: $18.8 billion, down 13% (digital down 20%, stores flat)

    • Wholesale: $25.9 billion, down 7%

    • Converse: $1.7 billion, down 19%

    • Net income: $3.2 billion, down 44%

    • EPS: $2.16, down 42%

    Balancing the Books: Inventory and Cash

    • Inventories: $7.5 billion, flat year-over-year

    • Cash and equivalents: $9.2 billion, down $2.4 billion, mainly due to share repurchases, dividends, and capital expenditures

    Rewarding Shareholders: Dividends and Buybacks

    NIKE continues its impressive streak—23 consecutive years of increasing dividend payouts.

    • Q4 returns: $0.8 billion to shareholders

      • Dividends: $591 million, up 6%

      • Share repurchases: $202 million (3.2 million shares)

    • Fiscal 2025: $5.3 billion returned

      • Dividends: $2.3 billion, up 6%

      • Share repurchases: $3.0 billion (37.6 million shares)

    • Total shares repurchased under the current program: 122.6 million (approx. $12.0 billion)

    Looking Ahead: Cautious Optimism

    NIKE’s leadership is clear-eyed about the challenges but optimistic about the path forward. The “sport offense” strategy aims to reignite growth by focusing on core strengths and deeper consumer connections. As the company enters a new fiscal year, all eyes are on how these bold moves will reshape the future of the Swoosh.

    For more on NIKE’s financials, visit the NIKE Investor Relations site. For the latest news and updates, check out NIKE News and follow @NIKE. The upcoming conference call will be available live and archived for replay.

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  • JD Sports Opens 29,000 Sq Ft Flagship on Las Vegas Strip

    JD Sports Opens 29,000 Sq Ft Flagship on Las Vegas Strip

    JD Sports makes a bold move in the U.S. retail scene with the grand opening of its largest American flagship on the Las Vegas Strip.

    JD Sports is pushing youth culture forward across the globe, now linking the energy of the Las Vegas Strip to its worldwide network of flagship stores opening on Saturday 14 June, marking a major moment in JD’s US growth and connection strategy.

    The Strip Gets a Fresh Dose of JD Energy

    The launch of JD’s near-29,000 sq ft store brings the brand’s signature retail experience and curated product mix from the world’s most influential sportswear brands, linking global style to JD’s iconic retail locations around the world.

    This new flagship on Las Vegas Boulevard is JD’s third in the US, cementing its connection to global youth culture in the most influential cities across the country. As of 3 May 2025, there were 339 JD stores across North America (including Canada).

    “Next-Level Experiences”, JD’s Vision for Vegas

    John Hall, Managing Director for JD North America, sums up the excitement:

    “Las Vegas is known for delivering next-level experiences, making it the perfect location for JD’s next US flagship. We’re bringing our customers a retail experience that can’t be found anywhere else in the market, serving up the freshest and most desirable product from the biggest names in sports fashion. With our new store on the Las Vegas Boulevard, we’re building on growing momentum across North America to bring customers iconic experiences as we continue to propel youth culture forward, on every corner of the world.”

    What’s Inside? The Ultimate JD Experience

    The new flagship brings JD’s best-in-class omnichannel offering to life, blending physical and digital to reflect the unstoppable energy of youth and JD’s Forever Forward mission. It features one of the most elaborate digital design capabilities of any JD location, allowing for fully immersive storytelling that elevates the customer experience from the moment they enter the store.

    Shoppers can expect:

    • Hyped drops and only-at-JD brand moments from global sportswear giants such as NikeJordanNew BalanceadidasON, and ASICS.

    • Vegas drip, in JD Style with collections from Supply & Demand, New EraVon Dutch, and Hoodrich inspired by the iconic destination.

    • Bold double-height shopfront bringing the Las Vegas energy with one of the largest LED displays in JD’s North American portfolio.

    • All the access with zero hassle thanks to the in-store product slide system to deliver stock straight to the shop floor.

    • QR code scanning, mobile checkout, and click-and-collect for an experience that moves at the speed of youth culture.

    Grand Opening: Where Culture Showed Up and Showed Out

    JD touched down on the Vegas strip with an opening weekend where culture came out heavy to show up and show out.

    The hottest names in the game, including:

    Local, live DJs brought the Vegas vibes at JD’s famous in-store DJ booth, while a $1,000 JD Sports shopping spree was up for grabs with the JD ‘Human Claw’ – where shoppers suited up to win exclusive prizes.

    Exclusive STATUS Promotions: Win Big in Vegas

    After early deals this month, JD’s also turning it up with exclusive STATUS promotions for the Las Vegas launch. With ‘Slot Sweepstakes’, new and existing members who spend a minimum of $100 at any Las Vegas location will be entered to win one of three prizes:

    JD’s Las Vegas flagship isn’t just a store, it’s a statement. The Strip just got a whole lot fresher, and youth culture is at the heart of it all.

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  • ANTA Unveils 6 Kyrie Irving Styles at China Fashion Tour

    ANTA Unveils 6 Kyrie Irving Styles at China Fashion Tour

    Step into the world of Kyrie Irving’s ANTA signature line, where every sneaker tells a story of heritage, innovation, and bold personal expression. From futuristic themes to deeply rooted tributes, these are the standout styles that define Kyrie’s creative vision and cultural impact.

    ANTA KAI 1 SPEED “Afro Futurism”

    footlockerme said: “A striking design that pays tribute to Black creativity, ancestral wisdom, and a future shaped by cultural power.”

    The ANTA KAI 1 SPEED “Afro Futurism” merges bold aesthetic choices with elite performance technology. Neon green, hot pink, and tribal-inspired linework pulse across a black engineered knit upper, symbolizing the intersection of heritage and progress. This colorway isn’t just a sneaker—it’s a statement about legacy and the future of Black culture, channeling both memory and imagination into every step.

    ANTA Hélà Style

    ANTA said: “Kyrie Irving’s recent China tour for the launch of his Twin Flame sneakers and Hélà Collection clothing line with ANTA not only showcased his creative talents but also marked a turning point in his career. Appointed as ANTA’s Chief Creative Officer (CCO), Kyrie has taken a unique role beyond basketball, leading a bold foray into fashion.”

    The Hélà Style is the cornerstone of Kyrie’s lifestyle vision at ANTA, debuting at the Spiritual Art Show in Shenyang with a catwalk featuring international models and Kyrie’s own family. This collection reflects his Sioux heritage and unique cultural experiences, with sneakers that feature three different colored laces symbolizing tribal, fashion, and ethnic elements. Kyrie’s influence as CCO extends beyond the court, pushing ANTA into a holistic lifestyle brand and making him “not just an athlete but a creator and visionary.”

    ANTA Hélà Style “Roots”

    ANTA said: “More than just a performance sneaker, ‘Roots’ is a tribute to Kyrie’s heritage, symbolizing family, growth, and cultural legacy. At its foundation lies the Root Plate, representing the strength and support of Kyrie’s parents.”

    The Hélà Style “Roots” is deeply personal, with design elements that honor Kyrie’s Indigenous identity and ancestral wisdom. Four symbolic sole plates—Root, Court, Tribal, and Cultural—tell a story of family, performance, pride, and harmony. Crafted with eco-conscious materials, this shoe is “grounded in meaning while stepping boldly into the future.”

    ANTA KAI 2 “Retro ’90”

    Maurice Robertson, GM of ANTA North America said: “This colorway isn’t just inspired by the 90s—it moves like the 90s. It’s fast, it’s loud, and it’s rooted in where Kyrie came from. Every element was chosen to spark emotion and performance.”

    The KAI 2 “Retro ’90” is a vibrant time capsule of ‘90s flair, featuring bold colors, graphic patterns, and retro-futuristic finishes. The split design and neon embroidery evoke the energy of the decade, while ethnic textile motifs and iridescent accents nod to the cultural influences that shaped Kyrie’s world. Built for today’s game, it’s a must for anyone chasing nostalgia or peak performance.

    Women’s ANTA KAI 1 “Garden State”

    The “Garden State” colorway pays homage to Kyrie’s home state of New Jersey, drawing inspiration from its lush, green landscapes. The sneaker’s jade hues and eco-inspired greens “embody tranquility, style, and grounding energy,” reflecting Irving’s deep connection to his roots. Unique hieroglyphic and totemic prints pay tribute to his love of religious history and Indigenous heritage, while performance features like a carbon fiber midfoot shank and cushioned midsole ensure comfort and stability.

    ANTA KAI 1 TEAM

    Kyrie Irving said: “A shoe built for the next generation,” drawing from countless hours of research into the demands of players across all levels, from AAU tournaments to streetball courts. “The shoe reflects his storytelling and style, combining artistry with athletic performance to inspire players to pursue their boldest dreams.”

    The KAI 1 TEAM is engineered for athletes at every level, featuring a Full Lockdown Collar, Heel Stabilizer, and dynamic traction. Designed with input from Kyrie and industry veteran Dallas Stokes, the shoe merges function and narrative, “empowering the next generation of players.” Its bold colorways and advanced tech make it a staple for those who want to play—and look—their best.

    Whether you’re on the court or in the streets, these releases prove that Kyrie’s legacy goes far beyond basketball.

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  • Adidas Originals Unveils 6 Collaborations at Paris Fashion Week 2025

    Adidas Originals Unveils 6 Collaborations at Paris Fashion Week 2025

    Adidas Originals made headlines at Paris Fashion Week 2025 by unveiling six groundbreaking collaborations that blend football heritage with cutting-edge fashion.

    Celebrating Football Culture in Paris

    At Paris Fashion Week Men’s SS26adidas Originals showcased its deep connection to football as a driving force in global culture, style, and identity. The brand’s presence highlighted how football extends beyond the pitch, influencing streetwear, music, and creative communities.

    “As the brand continues to innovate for the world’s leading athletes in the realm of performance gear, adidas Originals celebrates football culture outside the stadium, in the streets, and at the after parties,” adidas Originals spokesperson said.

    A Look Into the Archive

    Visitors in Paris experienced a rare exhibition from the adidas German archive, guided by historian Sandra Trapp. Guests wore white archive gloves to handle iconic pieces, including:

    Each artifact illustrates adidas’ ongoing innovation and influence in both sport and style.

    Spotlight on New Collaborations

    The future was on display with the F50 MEGARIDE, a hybrid of the classic F50+ XTRX FG football boot and the a3 MEGARIDE running sole—bridging performance heritage with modern streetwear.

    Six creative partnerships were revealed, featuring:

    Each designer brought a fresh perspective, reinterpreting football style for a new era.

    Immersive Experiences and Community

    The event featured a sound installation by Jah Jah, with 150 vinyl records and 34 speakers, creating a stadium-like atmosphere. The showroom welcomed personalities such as Paloma ElsesserLancey Foux, and Myles Lewis-Skelly. Guests enjoyed Chamberlain Coffee by Emma ChamberlainWildflower phone cases from Devon Lee Carlson, and plant-based cuisine from Jah Jah.

    Runway Moments and Afterparties

    A Creative Global Language

    Adidas Originals’ presence at Paris Fashion Week 2025 demonstrated its commitment to uniting heritage and innovation, proving that football is not just a sport but a worldwide language of creativity and self-expression.

    “By bridging archival heritage with contemporary collaborations and future-forward design, adidas continues to redefine what football means today: not just a game, but a global language of creativity and self-expression,” adidas Originals spokesperson said.

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