By Jennifer Ernst Beaudry. Textured leathers, cozy teddy-bear linings and lots of sparkle and shine are on tap at FFANY, going on this week in New York City. The FFANY Shoe Expo is taking place at Warwick Hotel and Academy Mansion, with FFANY Market Week also spreading out across brand showrooms throughout Manhattan. We’ll be in the showrooms and the hotels seeking out Fall 2019 highlights. Check out a few product picks and trends below, and follow us on Instagram @footwearinsight to get our top picks throughout the week and beyond. Read the full story here.
By Cara Griffin and Bob McGee. Foot Locker’s go-forward strategy will be tied to more creative projects with key partners and smaller, secondary players such as Vans, K-Swiss, Fila, Puma and Reebok. Foot Locker reports that its focus on less promotional selling, and a beefed-up digital presence, is about “further strengthening its emotional connection with consumers.” Read the full story here.
By Bob McGee. Caleres, the Famous Footwear parent, which acquired Vionic for $360 million in mid-October, believes Vionic possesses significant growth potential in the premium comfort segment for men and women. Category growth, gender growth and channels of distribution were among the opportunities that Caleres CEO and President Diane Sullivan pointed to in a recent call with analysts regarding Vionic’s opportunities. She noted that Vionic is “a growing brand with strong consumer loyalty and a great cultural fit to our brand portfolio.” Read the full story here.
By Bob McGee. New Balance has finally punched its re-entry ticket into the NBA, signing Toronto Raptor and former Brand Jordan endorser Kawhi Leonard to a multi-year endorsement contract reportedly valued at more than $5 million annually. It is unclear at this point when and if Leonard, an NBA All-Star, will have a signature shoe with New Balance. Leonard is the brand’s most high profile NBAer since the 1980s and former Laker James Worthy. According to SB Nation, Leonard, a two-time NBA Defensive Player of the Year, declined to re-sign with Nike’s Jordan Brand earlier this year. Read the full story here.