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Global retail closures as coronavirus spreads – Update

6 April 2020 | just-style

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. ... read more


Nike deploys Covid-19 "playbook" to US and Europe

25 March 2020 | Beth Wright

Sportswear giant Nike Inc says it has a "playbook" to tackle the impact of the Covid-19 pandemic, including leveraging its diverse sourcing base and digital capabilities to manage the business with flexibility, and shifting inventory to serve consumer digital demand.... read more


Hoka One One helps Deckers Brands reach record Q3

31 January 2020 | Beth Wright

US footwear group Deckers Brands has again upped its guidance for fiscal year 2020 amid record net sales in the third quarter, driven by a 63.6% surge in revenue at its Hoka One One brand.... read more


Deckers Brands ups FY guidance as Q2 sales rise 8%

25 October 2019 | Beth Wright

US apparel and footwear group Deckers Brands has again raised its guidance for fiscal year 2020 to reflect surging sales at its Hoka One One brand.... read more


Nike posts Q1 profit jump on higher revenue

25 September 2019 | Hannah Abdulla

US sportswear retailer Nike Inc has reported a 25% jump in first-quarter profits to US$1.4bn driven by strong revenue growth.... read more


Nike launches first footwear subscription box for kids

13 August 2019 | Beth Wright

US sporting goods giant Nike has launched its first footwear subscription service for children in a move it says will make shopping for youngster's shoes as convenient as possible – but which also builds a direct-to-consumer connection with the next generation of customers.... read more


New Converse Renew Initiative rethinks waste

27 June 2019 | Beth Wright

Nike Inc's Converse business is to use post-consumer and post-industrial waste in new sustainable versions of its Chuck Taylor All Star and Chuck 70 shoes.... read more


Deckers Brands FY sales pass $2bn milestone

24 May 2019 | Beth Wright

US apparel and footwear group Deckers Brands passed the US$2bn revenue mark for the first time in fiscal 2019, thanks in part to surging sales of its Hoka One One running shoes brand.... read more


Digital focus helps drive Nike's Q3 growth

22 March 2019 | Leonie Barrie

Nike Inc’s focus on driving speed, innovation and digitisation across its business – its so-called Triple Double strategy – has helped the US sporting goods giant to strong growth during the third quarter.... read more


Former Coca-Cola exec to lead Converse brand

2 January 2019 | Leonie Barrie

Former Coca-Cola executive G Scott Uzzell is joining Nike Inc’s Converse trainers business later this month as its new president and CEO.... read more


Deckers Brands ups FY guidance on better than expected Q3

26 October 2018 | Beth Wright

US apparel and footwear group Deckers Brands has upped its guidance for the full year on the back of better than expected sales and earnings per share in the second quarter.... read more


Nike in Q1 hike, continues North America momentum

26 September 2018 | Beth Wright

Shares in Nike Inc were down by 2.58% in pre-market trading despite the US sporting goods giant reporting double-digit increases in both earnings and revenue during the first quarter as it hailed the success of its Consumer Direct Offense and digital capabilities.... read more


Deckers Brands sees "solid start" to fiscal 2019

27 July 2018 | Beth Wright

US apparel and footwear group Deckers Brands narrowed its net loss in the first quarter, getting fiscal 2019 off to what CEO Dave Powers hailed a "solid start" with a record sales high for the quarter.... read more


Nike in Q4 hike amid North America sales gain

29 June 2018 | Beth Wright

Shares in Nike Inc were up by 9.34% in pre-market trading as the US sporting goods giant reported double-digit increases in both earnings and revenue during the fourth quarter and booked a return to growth in North America, but full-year profits were knocked by the impact of the Tax Cuts and Jobs Act.... read more


Deckers Brands ends fiscal 2018 on "high note"

25 May 2018 | Beth Wright

US apparel and footwear group Deckers Brands moved to a profit in the fourth quarter, closing fiscal 2018 on what CEO Dave Powers hailed a "high note", as the firm enters fiscal 2019 with optimism.... read more


Deckers Brands "well-positioned" as Q1 loss narrows

28 July 2017 | Beth Wright

US apparel and footwear group Deckers Brands – which reportedly received a sale ultimatum earlier this month – narrowed its net loss in the first quarter, and said its ongoing savings plan has it well-positioned to achieve its fiscal 2018 and longer-term targets.... read more


Deckers receives sale ultimatum?

4 July 2017 | Beth Wright

US apparel and footwear group Deckers Brands, the maker of Ugg footwear, must sell itself at an "attractive valuation" or face a replacement of its entire board, active investors are saying.... read more


Global revenue growth boosts Nike Q4

30 June 2017 | Beth Wright

Shares in Nike Inc climbed almost 7% to $56.51 in pre-market trading as the US sporting goods giant reported increases in both earnings and revenue during the fourth quarter, and confirmed a deal with online behemoth Amazon.... read more


Deckers optimistic as Q4 loss narrows

26 May 2017 | Beth Wright

US apparel and footwear group Deckers Brands – which last month said it was exploring strategic alternatives, including a potential sale of the firm – narrowed its net loss in the fourth quarter, and said an ongoing savings plan is expected to drive $100m in operating profit improvement by fiscal 2020.... read more


Deckers mulls sale amid Q3 profit tumble

26 April 2017 | Beth Wright

US apparel and footwear group Deckers Brands, the maker of Ugg footwear, has revealed it is exploring "strategic alternatives", including a potential sale of the firm, on the back of a disappointing third-quarter, which saw profit drop by nearly three-quarters.... read more


Demand in all regions drives Nike Q3 earnings growth

22 March 2017 | Beth Wright

US sporting giant Nike booked what it called a "solid" third-quarter after delivering a double-digit profit hike and witnessing demand for its namesake brand across all geographies.... read more


Deckers Q3 profit tumbles as Ugg sales slide

3 February 2017 | Beth Wright

US apparel and footwear group Deckers Brands, the maker of Ugg footwear, has lowered its guidance for the full year amid disappointing third-quarter results that saw profit drop by nearly three-quarters. ... read more


Nike Q2 profit grows on US and China demand

21 December 2016 | Michelle Russell

US sporting giant Nike has booked higher second-quarter earnings on stronger demand in China and its domestic market, while indicating a potential rebound in its basketball business.... read more


Deckers "pleased" with Q2 as profit rises 8%

28 October 2016 | Beth Wright

US apparel and footwear group Deckers Brands said it is pleased with its second-quarter results, after booking an 8% rise in profit despite a slight drop in sales.... read more


Deckers Brands joins United Nations sustainability initiative

10 October 2016 | Beth Wright

US apparel and footwear group Deckers Brands has revealed it has officially joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate citizenship initiative.... read more


Growing commitment to Responsible Wool Standard

29 September 2016 | Beth Wright

Textile Exchange has revealed more brands and suppliers are pledging their commitment to the Responsible Wool Standard (RWS), taking the total number of brands on board to 15.... read more


Converse breaks away from sneakers with new apparel line

27 September 2016 | Beth Wright

Nike-owned Converse has revealed it will unveil a new apparel line, complete with a limited-edition collection, later this week in a bid to branch out and away from its mainstay sneaker.... read more


Target and JC Penney accused in Deckers' Ugg lawsuit

22 September 2016 | Beth Wright

US apparel and footwear group Deckers Brands has filed six lawsuits against retailers and brand owners, including US retail giants Target Corp and  JC Penney, accusing them of trademark and/or design patent infringement of its Ugg boot brand. ... read more


Deckers optimistic despite wider Q1 losses

29 July 2016 | Michelle Russell

Apparel and footwear group Deckers Brands has offered an optimistic outlook despite booking a drop in sales in its first-quarter and a widening of its net loss. ... read more


Skechers wins latest round in Converse lawsuit

30 June 2016 | Leonie Barrie

An ongoing trademark spat between Sketchers USA and Nike-owned Converse has seen the US International Trade Commission (ITC) rule that Skechers can continue importing and selling its Twinkle Toes and BOBS shoes in the US.... read more


Fake Ugg products worth more than $700,000 seized

28 June 2016 | Leonie Barrie

Counterfeit Ugg products worth more than $700,000 have been seized on Long Island, NY this week, as part of a total haul that included counterfeits of other premium brands estimated to be worth over $1m.... read more


Warm weather continues to weigh on Deckers Brands

27 May 2016 | Leonie Barrie

Lingering headwinds including unseasonably warm weather have promped Ugg boot owner Deckers Brands to book a softer-than expected full-year and first-quarter outlook – as the apparel and footwear group also announced the retirement of its CEO.... read more


Deckers Brands president to take over as CEO

27 May 2016 | Beth Wright

Apparel and footwear group Deckers Brands has announced Dave Powers will succeed Angel Martinez as CEO following Martinez's retirement, effective 31 May.... read more


Nike promotes Spillane to product and merchandising role 

25 April 2016 | Katie Smith

US sporting goods giant Nike has promoted Michael Spillane to the position of president of product and merchandising as one of a number of changes designed to drive further growth.... read more


Deckers to close stores on "challenging" Q3

5 February 2016 | Michelle Russell

Apparel and footwear group Deckers Brands is to speed up some elements of its long-term strategy with the closure of around 20 stores, after revealing a "more challenging" third-quarter than it expected.... read more


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