Shoshy Ciment
Footwear News
New York, NY, United States
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Past articles by Shoshy:
Top Exec Moves Continue at Kohl’s as Retailer Taps Chief Merchandising and Digital Officer
Jones previously served as the CEO of British lifestyle brand Joules Group. → Read More
Exclusive: Designer Brands Acquires Keds From Wolverine, Expands Hush Puppies Deal
DSW was Keds’ largest wholesale customer prior to the acquisition. → Read More
Nike Sues Lululemon Over Sneakers, Claiming Patent Infringement
Nike is suing Lululemon and claiming that some of the athleisure brand's new sneakers infringe on its patents. → Read More
China Recovery, Cooling Inventories and Store Strength Likely to Define Earnings Results
Here are three themes that will likely surface when retailers report earnings this quarter. → Read More
Pacsun Names New Co-CEO as Former Exec Joins Fear of God
Pacsun has named president and board member Brie Olson as its new co-CEO. She replaces Alfred Chang, who will join Fear of God as its CEO. → Read More
Foot Locker Cuts Corporate Roles, Closes Call Center and Winds Down Sidestep Banner
Foot Locker is making changes to its staff and store fleet as it looks to trim costs. → Read More
Walmart Raises Minimum Wage to $14 an Hour Amid Hot Labor Market
Walmart is raising its minimum hourly wage to $14 an hour. → Read More
Foot Locker Is the Latest Retailer Accused of Violating Consumer Privacy Law In New Suit
A new lawsuit is accusing Foot Locker of violating consumer privacy laws. → Read More
Capri Holdings Names Cedric Wilmotte as CEO of Michael Kors
The announcement comes almost a year after Josh Schulman left his role of CEO of Michael Kors. → Read More
Shoppers Are Trading Down Within Resale, the RealReal Finds
The RealReal has released its 2023 Luxury Consignment Report. → Read More
3 Major Themes From NRF’s Big Show: Luxury’s Strength, Adaptive Fashion’s Opportunity, Brick-and-Mortar’s Comeback
The trade show drew about 35,000 retailers, vendors and other attendees. → Read More
Lululemon Taps Burberry Veteran Elizabeth Binder as First Chief Merchandising Officer
Lululemon is bolstering its executive leadership with a brand new hire on its product team. → Read More
Simone Biles On How Athletics Gave Her the Skills to Enter Business and Partner With Athleta
Simone Biles said she’s pursuing new business ventures during a Monday morning keynote session at NRF’s Big Show. → Read More
Footwear Prices Were Up 4.6% in 2022, But There Could Be Relief on the Way for Consumers
Prices continued to fall in December as inflation shows more signs of waning. → Read More
Crocs Expects a 53% Jump in 2022 Revenue: Here’s How It Plans to Keep the Momentum Going for 2023
Crocs announced this news as part of its presentation at the 25th annual ICR conference. → Read More
Lululemon Shares Drop After Weak Q4 Guidance
Lululemon shares fell after the athleisure brand gave a disappointing update to its fourth quarter outlook at the ICR conference. → Read More
US Adds 223,000 Jobs In December, Unemployment Drops to 3.5%
The U.S. economy added 223,000 jobs In December, beating estimates of 200,000 jobs. → Read More
Everlane Cuts 17% of Corporate Workforce
Everlane is the latest direct-to-consumer retailer to announce job cuts this year in an effort to improve profitability. → Read More
Macy’s Is Closing Four Stores This Month & More to Come in Low-End Malls — See List of 2023 Locations With Live Updates
The store closure announcements are a product of Macy’s Inc.’s three-year turnaround strategy. → Read More
Online Holiday Sales Broke Records and Grew 3.5%, According to Adobe
Shoppers spent a total of $211.7 billion online during the holiday shopping period. → Read More