Shoes for Crews, a US-based slip-resistant footwear company, has filed for Chapter 11 bankruptcy as part of a plan to sell the business. The company aims to enter a stalking horse asset purchase agreement and receive $30 million in financing to continue operations. This move is supported by their primary equity sponsor and aims to facilitate investment into global markets.
Consumers Set to Spend More on Athletic Shoes in Months Ahead, But Overall Industry Sales Will Be Sluggish, New Survey SaysConsumers are expected to shop more for athletic shoes than any other footwear category this spring and summer, according to a new survey from AlixPartners in partnership with Footwear Distributors & Retailers of America (FDRA).
Big company is focusing in DEI. But why is it report important to regular consumers? Four years after revealing a
Is Footwear Turning The Corner on a Rough U.S. Wholesale Market? Inventory excesses and conservative buying strategies made for difficulties
The recent FFANY footwear market week in NYC ended on an optimistic note, with positive sentiment from retailers and brands. Major retailers such as DSW and Nordstrom were present, and there was significant newness from brands. Notable highlights include Rebecca Minkoff’s shoe collection relaunch and Caleres’ latest innovations. Minnetonka also celebrated the redesign of its signature moccasin, honoring the Native American community.
The recent FFANY footwear market week in NYC ended on an optimistic note, with positive sentiment from retailers and brands. Major retailers such as DSW and Nordstrom were present, and there was significant newness from brands. Notable highlights include Rebecca Minkoff’s shoe collection relaunch and Caleres’ latest innovations. Minnetonka also celebrated the redesign of its signature moccasin, honoring the Native American community.
In 2024, the IPO market is expected to thrive, particularly in the fashion and footwear sectors. Golden Goose, ACBC, Shein, Skims, and Fanatics are among the highly anticipated IPOs. While facing economic challenges, the outlook for deal-making and corporate activity appears positive. TRISTAR Sourcing stands ready to support businesses preparing for IPOs.
Tristar Sourcing welcomes 2024 with warm wishes to partners. The year of the Dragon signifies prosperity and innovation, aligning with the company’s mission. As the Dragon promises success, they hope for dynamic growth and achievements. The office will be closed during specific dates in February. Wishing everyone a prosperous New Year.
The fall/winter 2024 Paris Fashion Week Men’s showcased innovation and collaboration in footwear. Notable highlights included Dior’s ballet flats, Louis Vuitton’s collaboration with Timberland, and Balmain’s whimsical designs featuring lip prints. Other key players included Comme des Garçons, Hermès, and Valentino, each bringing their unique style to the runway. For further details and to place styling orders, contact Tristar Sourcing.
Extreme situations are happening more often, what are the biggest threats in 2024? Tristar Sourcing might be able to lower
