Keds | Jotup

Topo Athletic Taps Tantrum Agency As New Creative Agency of Record

Retrieved on:

Wednesday, April 3, 2024

Bath & Body Works, Growth, DBI, Communication, Men's Health, Partnership, Foot, Running, Acquisition, Athlete, Publication, NBA, Abercrombie & Fitch, Keds

FRAMINGHAM, Mass., April 3, 2024 /PRNewswire/ -- Topo Athletic (Topo), a leading provider of performance athletic and outdoor footwear, is excited to announce its strategic partnership with award-winning creative agency Tantrum Agency (Tantrum).

Key Points:

FRAMINGHAM, Mass., April 3, 2024 /PRNewswire/ -- Topo Athletic (Topo), a leading provider of performance athletic and outdoor footwear, is excited to announce its strategic partnership with award-winning creative agency Tantrum Agency (Tantrum).
Tantrum, selected after a competitive nationwide search, will serve as the company's strategic and creative agency of record.
Tantrum will work with the Topo team on brand communication, campaign development and digital marketing to elevate brand awareness and expand Topo's reach in the athletic footwear market.
"Partnering with Topo Athletic has truly felt like a natural fit for us," said David Tann, founder and CEO of Tantrum.

Keds Taps a Fashion Icon for Its "Classic for Generations" Campaign

Retrieved on:

Wednesday, March 13, 2024

GM, Female, NYU, Pregnancy, Woman, Every Mother Counts, Investment, Keds, Interior design

NEW YORK, March 12, 2024 /PRNewswire/ -- Today, iconic sneaker brand Keds reveals a new Spring/Summer campaign featuring global maternal health advocate and model Christy Turlington Burns and her daughter NYU student, writer and model Grace Burns. Captured by the acclaimed fashion photographer Cass Bird, the campaign highlights Keds as a timeless and enduring fashion essential, transcending generations.

Key Points:

Captured by the acclaimed fashion photographer Cass Bird, the campaign highlights Keds as a timeless and enduring fashion essential, transcending generations.
Showcasing the Keds Champion, worn by both Christy and Grace, the campaign underscores the versatility of this iconic style, emphasizing Keds' legacy as a classic American brand with a playful and optimistic spirit.
Across decades, Keds has been a trusted foundation for self-expression, embraced by style-setters, icons, and everyday rebels.
"This was a dream campaign to work on with my daughter who is the inspiration of my advocacy work.

Wolverine Worldwide Reports Fourth Quarter and Full Year 2023 Results In-Line With Guidance and Provides Outlook for 2024

Retrieved on:

Wednesday, February 21, 2024

Online Retail, Fashion, Other Retail, Retail, Specialty, Hush, EST, Growth, Sale, GAAP, Keds, Administration, Acceleration, EPS

The outlook for 2024, and comparable results from 2023, in each case, for our ongoing business now also exclude the impact of Sperry, which was sold in January 2024.

Key Points:

The outlook for 2024, and comparable results from 2023, in each case, for our ongoing business now also exclude the impact of Sperry, which was sold in January 2024.
Measures referred to in this release as “adjusted” financial results and the financial results of the "ongoing business" are non-GAAP measures.
The outlook for 2024, and comparable results from 2023, in each case, for our ongoing business now also exclude the impact of Sperry, which was sold in January 2024.
The Company will host a conference call today at 8:30 a.m. EST to discuss these results and current business trends.

360PR+ DEEPENS INVESTMENT IN INFLUENCER MARKETING, ADDING MEAGHAN KEHOE AS DIRECTOR

Retrieved on:

Tuesday, February 13, 2024

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- 360PR+ is expanding its influencer marketing capabilities with a key new hire, naming Meaghan Kehoe Director, Influencer Marketing.

Key Points:

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- 360PR+ is expanding its influencer marketing capabilities with a key new hire, naming Meaghan Kehoe Director, Influencer Marketing.
Kehoe, who previously led influencer marketing at Wilson Sporting Goods, will oversee the full range of influencer marketing for 360's clients, from highly curated brand ambassador programs to large-scale creator-led content initiatives and activations.
360PR+ pioneered some of the very first influencer programs and, over the past two decades, has created countless successful, award-winning influencer programs for a long list of admired brands.
"Meaghan's deep experience in both influencer marketing and social media, and her success as part of integrated teams, will help our clients fully realize the benefits of investing in influencer marketing."

Designer Brands Inc. Names Andrea O'Donnell in Role of Brands President

Retrieved on:

Monday, January 22, 2024

COLUMBUS, Ohio, Jan. 22, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers, and retailers of footwear and accessories, today announced that Andrea O'Donnell has been named to the role of Brands President and Executive Vice President of Designer Brands, with her appointment to be effective as of January 29, 2024.

Key Points:

COLUMBUS, Ohio, Jan. 22, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers, and retailers of footwear and accessories, today announced that Andrea O'Donnell has been named to the role of Brands President and Executive Vice President of Designer Brands, with her appointment to be effective as of January 29, 2024.
As Brands President, O'Donnell will be globally responsible for Designer Brands' full suite of Owned and licensed brands, which includes Keds, Vince Camuto, Topo Athletic, Hush Puppies, Le TIGRE, Lucky Brand, Jessica Simpson, Kelly & Katie, Crown Vintage, Mix No.
"Joining Designer Brands at this stage of their brand building journey is such a unique and exciting opportunity for me," said O'Donnell.
I am thrilled to begin working with the entire Designer Brands team to continue to build our trend-right and growing brand portfolio."

Wolverine Worldwide Affirms Preliminary 2023 Financial Results in Line With Guidance

Retrieved on:

Monday, January 8, 2024

Fashion, Retail, Footwear, Department Stores, Specialty, Hush, Conference, Hush Puppies, Sale, Wolverine World Wide, Merrell, Bank statement, Wolverine, Net, Growth, GAAP, Keds, Cryptocurrency

“For the fourth quarter and full year, we expect to deliver financial results in line with our guidance – while achieving better-than-anticipated year-end debt and inventory levels.

Key Points:

“For the fourth quarter and full year, we expect to deliver financial results in line with our guidance – while achieving better-than-anticipated year-end debt and inventory levels.
This release does not present all necessary information for an understanding of the Company’s full year and fourth quarter fiscal 2023 results and the Company’s financial condition as of December 30, 2023.
Measures referred to in this release as “adjusted” financial results and the financial results of the "ongoing business" are non-GAAP measures.
The financial results of the ongoing business exclude financial results from the Keds business, Wolverine Leathers business and reflect an adjustment for the transition of our Hush Puppies North America business to a licensing model in the second half of 2023.

Wolverine Worldwide Advances Transformation Initiatives

Retrieved on:

Monday, December 18, 2023

Fashion, Footwear, Retail, Luxury, Other Retail, Specialty, Hush, Annual, NYSE, Wolverine World Wide, Hush Puppies, Exercise, Merrell, Marketing, Keds, Conference, Wolverine, Xtep, Hong Kong, Saucony

Wolverine World Wide, Inc. (“Wolverine Worldwide” or the “Company”) (NYSE: WWW) announced strategic actions that further focus the Company’s portfolio and advance its ongoing transformation into a consumer-obsessed growth company.

Key Points:

Wolverine World Wide, Inc. (“Wolverine Worldwide” or the “Company”) (NYSE: WWW) announced strategic actions that further focus the Company’s portfolio and advance its ongoing transformation into a consumer-obsessed growth company.
Wolverine Worldwide formed a joint venture with Xtep in 2019 to launch the Merrell and Saucony brands in China.
Wolverine Worldwide has entered into a definitive agreement to sell its Asia-based Wolverine Leathers business to Interhides Public Company Limited, a current materials vendor of the Company, for approximately $9 million.
Wolverine will provide more detail regarding these actions and other strategic initiatives at the Annual ICR Conference on January 8, 2024.

Wolverine Worldwide Accelerates Transformation Initiatives

Retrieved on:

Thursday, November 9, 2023

Retail, Footwear, Fashion, Hush, Sale, Wolverine World Wide, NYSE, Electron capture, Hush Puppies, Sperry, Video game, Keds

Wolverine World Wide, Inc. (NYSE: WWW) today announced actions to further its ongoing strategic transformation into a brand-led and consumer-obsessed growth company.

Key Points:

Wolverine World Wide, Inc. (NYSE: WWW) today announced actions to further its ongoing strategic transformation into a brand-led and consumer-obsessed growth company.
“We are taking decisive steps to stabilize the business by divesting non-core assets, paying down debt, reducing inventory, and right-sizing our cost structure.
To date, the Company has identified initiatives that are expected to deliver $215 million in annualized savings, including a global workforce restructuring announced today.
In a separate press release today, Wolverine Worldwide reported financial results for the third quarter of 2023.

Wolverine Worldwide Reports Third Quarter Results In-Line With Expectations

Retrieved on:

Thursday, November 9, 2023

Inventory at the end of the quarter was $563.8 million and was down approximately 33% compared to the prior year.

Key Points:

Inventory at the end of the quarter was $563.8 million and was down approximately 33% compared to the prior year.
Net Debt at the end of the quarter was $930 million, and liquidity was approximately $400 million.
Measures referred to in this release as “adjusted” financial results and the financial results of the "ongoing business" are non-GAAP measures.
The Company will host a conference call today at 8:30 a.m. EST to discuss these results and current business trends.

Designer Brands Launches First-Ever Le TIGRE Brand Footwear Line

Retrieved on:

Monday, August 14, 2023

COLUMBUS, Ohio, Aug. 14, 2023 /PRNewswire/ -- Designer Brands Inc., one of the world's largest designers, producers, and retailers of footwear and accessories, announced today the launch of the first-ever footwear line by Le TIGRE, an iconic New York City sportswear brand and disrupter of classic casual American style since 1977. Designer Brands is flexing its power as a brand-building engine with a bold foray into the athleisure footwear category.

Key Points:

"The process of envisioning, defining, and bringing the essence of Le TIGRE to life in footwear has been an exciting journey.
"Launching the new Le TIGRE footwear collection strengthens our Owned Brands portfolio and aligns with our goal of doubling sales of Owned Brands by 2026.
"This is a monumental occasion for Le TIGRE as we embark on a footwear journey with industry leader, Designer Brands," said Ike Franco, Chief Executive Officer of Le TIGRE.
Designer Brands holds a one third interest of the Le TIGRE brand and will exclusively design and produce Le TIGRE footwear to be sold primarily through DSW and The Shoe Company direct-to-consumer stores and .com channels, in addition to select wholesale accounts and through letigreglobal.com.