Trove acquires resale competitor Recurate
Trove says its acquisition of Recurate makes it the market’s “most scalable and comprehensive resale technology provider”, with more than…
Allbirds
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Allbirds appoints second CEO in under a year as co-founder steps down
Vernachio, who has been serving as the COO since June 2021, will succeed co-founder Joey Zwillinger, who will transition to…
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Cost-conscious US consumers prioritise price over sustainability
Stifel's Sustainability Survey, which questioned over 6,000 US active/causal lifestyle brand consumers aged 18-55 found US consumer views of the…
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FDRA says traceability remains ‘large challenge’ for footwear sector
The FDRA surveyed footwear professionals between October and November 2023 and found traceability remains a key concern for footwear. “Unlike…
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Asics makes play for Allbirds ‘lowest-CO2 sneaker’ crown
Trainer and sportswear brand Asics announces that it has made a trainer with the lowest CO2 emissions of any trainer…
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Signal: Footwear takes a back seat during cost of living crisis
Long considered an essential element of personal style and self-expression, footwear has played a pivotal role in the fashion industry…
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Allbirds shares recipe for ‘first’ net-zero carbon shoe
Allbirds has revealed the entire toolkit of its M0.0NSHOT shoe which boasts a carbon footprint of net 0.0kg CO2e. Following…
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Allbirds must align profits with sustainability efforts as Q2 revenue declines
Allbirds reported a 9.8% decrease in net revenue to $70.5m for the second quarter ended 30 June 2023, in comparison…
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Allbirds co-CEO Brown steps down amid job cuts and widening losses
Allbirds announced in a recent filing the company has cut around 21 corporate jobs as part of a cost-cutting exercise.…
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US Q1 in brief: Oxford Industries, J.Jill Inc, Victoria’s Secret, G-III Apparel
Oxford Industries Strong brands and a balanced mix of direct retail, e-commerce and wholesale resulted in a “strong” first quarter…
