27 Feb Two Ten Footwear Foundation Appoints New CEO
Two Ten Footwear Foundation, the national charitable foundation of the U.S. footwear industry, recently announced the appointment of a new Chief Executive Officer for the organization....
Author: Andy Polk
27 Feb Remington Products Acquires Foot Petals
Remington Products Company announced it has recently acquired the Foot Petals brand from RG Barry Corp. Foot Petals is a designer brand of foot cushions and inserts including ball-of-foot, back of heel and arch cushions....
27 Feb Crocs’ Q4 Revenues Jump 22 Percent
Crocs, Inc. reported earnings in the fourth quarter that topped Wall Street’s targets as sales expanded 21.8 percent to cap off a strong year. Crocs officials, however, warned that sales in the first quarter would be hurt by $20 million to $30 million due to...
27 Feb Acushnet’s Earnings Soar In Q4
Acushnet Holdings Corp., the parent of Titleist, reported net income rose 57.0 percent in the fourth quarter on a 7.3 percent sales gain. Net earnings rose 21.2 percent in the year on a 2.9 percent sales increase....
27 Feb VF Corp. Closes Inaugural €500 Million Green Bond
VF Corp. announced the closing of its €500 million green bond offering, representing the first green bond issued in the apparel and footwear industry. The amount equivalent to the net proceeds from the offering will be used to advance programs within the company’s Made for...
26 Feb Wolverine World Wide Sees Five Percent Growth In Q4
Wolverine World Wide Inc. reported sales rose 4.8 percent in the fourth quarter, boosted by mid-teens revenue growth from Merrell and Sperry and saw earnings top Wall Street’s guidance. For the current year, however, the company provided a soft outlook, citing the negative impact of...
26 Feb Tokyo Olympics May Be Cancelled If Coronavirus Not Contained By Late May
The 2020 Tokyo Olympics are more likely to be canceled than moved or rescheduled if by late May the coronavirus outbreak is deemed too dangerous to go ahead with the original schedule, according to International Olympic Committee member Dick Pound....
26 Feb Timberland Offering To Plant Trees In Exchange For Slower Delivery
Timberland is offering to plant a tree every time an online customer chooses to have their orders delivered in four to eight days versus the standard three days, according to a report from Reuters....
26 Feb VF Corp. Again Recognized For Ethics
VF Corp. has been recognized by Ethisphere, a leader in defining and advancing the ethical standards of best business practices, as one of the 2020 World’s Most Ethical Companies for the fourth consecutive year....
24 Feb Brooks Sports Sees 3.5 Percent Revenue Gain In 2019
Brooks Sports saw sales climb 3.5 percent in 2019 despite the opening of a new distribution center that presented logistical challenges, according to the annual report of the running brand’s parent, Berkshire Hathaway....
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