Where did Sports Authority’s customers go? The sporting goods retailer filed for bankruptcy almost a year ago, closing all of its stores by the end of the summer. However, other retailers in this sector are puzzled because the Sports Authority customers who, in theory, should have taken their business to the competition have apparently just stopped buying sporting goods. [More]
Maybe it’s just because Foot Locker had sales growth to report because people are snapping up higher priced- basketball and running shoes, but the company’s CEO seems to be in a very positive mood about the state of malls in the U.S., which is surprising at a time when other mall-based retailers are struggling. [More]
Rumors that musician/shoe designer/famous person Kanye West would release his next line of Yeezy footwear without partner Adidas have proved to be wrong, and then some: West and Adidas have instead announced an expanded partnership, including retail locations that will be dedicated solely to the Yeezy product line. [More]
As Converse’s Chuck Taylor sneakers have become as ubiquitous smartphones these days — heck, even your grandma might own a pair — parent company Nike has been trying block other retailers from cashing in on that popularity and selling copycat sneakers. The company just won one trademark battle over Chuck Taylor’s sole design, but is promising to keep fighting after an industry group said other aspects of the shoe’s style aren’t covered by the same protection. [More]
This is apparently the week for long-awaited class action settlement checks, though class members in the Vibram Five Fingers settlement haven’t had to wait as long as purchasers of tickets from Ticketmaster, but the class action over dubious health claims made about the “barefoot” style shoes has been in the courts since 2012. The class action was settled in 2014, with each participant expected to receive checks ranging from $20-$50. Instead, they’ll be getting $10.11 per pair of shoes. That’s more than $1.01 per toe! [More]
It’s been a long time coming, but New Balance’s marathon efforts to get the Pentagon to require military members to buy only shoes made in America may finally be paying off. [More]
If you’re planning to shop for a pair of boys light-up shoes you might want to skip Payless ShoeSource, as the retailer has pulled the footwear while fire officials in Texas investigate a fire that may be linked to the sneakers. [More]
If you weren’t one of the lucky few to snag a pair of Nike’s special edition Air Mag self-lacing shoes last year, don’t give up hope — your Marty McFly dreams may still come true this very year: Nike unveiled sneakers with self-lacing technology, as well as sensors that adjust the sneaker’s fit.
When you’re a child with a very active imagination, the hyperbole of advertising can be very confusing. That’s why some consumers reported a recent ad for shoe brand Skechers to the Children’s Advertising Review Unit, part of the Council of Better Business Bureaus’ self-regulation mechanism for the advertising industry. The ad is misleading, making the shoes look way more fun than they are. [More]
Making your own footwear at home won’t have to include cardboard, duct tape and those slippers you refused to throw out soon enough: A top executive at Nike says he thinks customers will someday be able to 3D print their own customized sneakers at home (or in Nike stores, for those without 3D printers at home).
Adidas is suing fellow shoe peddlers Skechers, claiming in a lawsuit filed on Tuesday that Skechers’ “Onix” sneaker rips off the design of its “Stan Smith” shoe. [More]
You’re just strolling along, feeling fine and looking good in your new, $60 Madewell sandals when suddenly, you trip and fall. It’s not you — or at least, it might not just be your own personal clumsiness — the J. Crew-owned company says 50,600 pairs of sandals it sold in the U.S. and Canada have a metal shank that can dislodge from the inside of the shoe and break through the bottom of the outsole, posing a fall hazard.
What’s old is new again: Converse has updated the design of its signature Chuck Taylor sneakers for the first time in the shoes’ 98 years on this planet.
There are just way too many puns to be made about buying a shoe company so let’s get them out of the way now: The shoe apparently fits just right for Coach, which announced its stepping up its footwear game by shelling out $530 million to buy its very own brand, Stuart Weitzman Holdings LLC.
On the one hand, hundreds of pairs of brand new shoes could fetch a pretty penny for the seller. But on the other hand, as one New Jersey store owner figured, there are kids out there who could use some free footwear. [More]