All Converse articles
-
News briefs
Nike brand Q1 footwear sales up by 3.8%
Nike reported a 10 percent Ebit decline in the first quarter ended Aug. 31 to $1.65 billion on a 2 percent revenue expansion to $12.94 billion. Ebit margin dipped 2.00 percentage points to 12.5 percent from 14.5 percent in the year-ago period and fell in all geographic regions except ...
-
News briefs
Converse's FY revenues rise 3%
Converse’s revenues in the fiscal year ended May 31 rose by 3 percent to nearly $2.43 billion. Currency-neutral sales increased by 8 percent last year due to revenue growth in North America, Western Europe and licensee markets that was partially offset by declines in Asia, according to the financial report ...
-
News briefs
Nike appoints new Converse CEO
Nike has announced a new president and CEO for Converse. Jared Carver succeeded Scott Uzzell on June 1. Carver reports to John Donahoe, president and CEO of Nike, Inc. Uzzell has transitioned to a new role as vice president and general manager, North America for Nike. Carver brings to the ...
-
News briefs
3A expects sales of €105m in 2023
3A, an Italian distributor of international sportswear and fashion brands, posted revenues of €94 million, up by 27 percent in 2021. Despite an increase in costs, the Ebitda margin widened to 8 percent from 6 percent a year earlier. The company ended 2022 with a net profit of €4.8 million. ...
-
ArticleTop footwear brands gain 9% in value
Footwear is the only subsector of the Brand Finance Apparel 50 2021 survey to increase in brand value year-on-year, posting a 9 percent increase on average to $5.0 billion. New entrants in the ranking, Timberland and Converse, recorded 47 percent and 8 percent increases in brand value respectively. The ...
-
News briefs
Nike and Converse file lawsuit against nearly 600 websites
Nike and its Converse subsidiary have filed the biggest lawsuit of the kind, accusing the 186 operators of 589 websites as well as 676 social media accounts for allegedly infringing on various trademarks and attempting to sell “falsely labeled” counterfeit products under their own brand names and that of Nike’s ...
-
ArticleStockX sees ‘remarkable’ growth in Q3
StockX, the online resale exchange for sneakers and streetwear, counted 25 million global monthly visitors to its platform in the third quarter and “continues to grow at a remarkable rate” as the resale market expands globally. In a third-quarter snapshot looking at its international performance, StockX noted that sell-side transactions ...
-
News briefsConverse changes eyewear licensee
Converse has changed its eyewear licensee and entered an exclusive, long-term global agreement with the American company Marchon, which replaces the Italian company De Rigo. The sun and optical collections designed under the new partnership will roll out globally at the beginning of January 2021. Taking ...
-
ArticleLGBTQ collections become mainstream for the fashion, sportswear industry
The LGBTQ (lesbian, gay, bisexual, transexual and queer) fashion market has been growing over the last decade. In recent years, an unprecedented number of mainstream brands have begun to release LGBTQ collections.
-
News briefs
Converse in partnership with Moncler and Hiroshi Fujiwara
Converse has entered a collaboration with 7 Moncler Fragment, a partnership between Moncler, the Italian producer of luxury down jackets, and the Japanese streetwear designer Hiroshi Fujiwara. Under the collaboration, known as 7 Moncler Fragment + Converse Chuck 70, Fujiwara has designed two Chuck 70 low sneakers as part of ...
-
News briefs
Converse sues Steve Madden over sneaker design
Converse is alleging that Steve Madden copied its Run Star Hike sneakers. According to a suit that was filed by Converse on May 29 in a Massachusetts federal court, the Madden Girl Winnona Flatform High-Top and Shark sneakers contain unique Run Star Hike design elements. The Madden shoes ...
