The iconic footwear brand will open its third store in France, setting up shop in the Quatre Temps building in La Défense, a business area outside Paris' city centre. Covering 90 square metres, it opens November 10.
Nike is one of six major brands to see a decline in teen spending, and the age group has an increased preference for streetwear labels like Vans and Supreme. In addition, teens spend more on food than clothing.
Dr. Martens has announced that its chief executive officer Steve Murray is leaving the company to enable the “next phase of its history”. Chairman Paul Mason will take over until a new chief executive is appointed.