11 Oct Phil Knight Donates Nearly $1B In Nike Stock To Philanthropy
Nike co-founder and chairman emeritus, Phil Knight, gave 12 million shares of Nike stock valued at $990 million to an unnamed charity, according to a regulatory filing....
Author: Andy Polk
11 Oct P.W. Minor Closes After 151 Years In Business
P.W. Minor, the second-oldest footwear maker in the U.S., based in Batavia, NY, closed down operations and laid off all 82 of the company’s employees....
11 Oct Vibram Announces Management Changes
Vibram Corp., North Brookfield, MA, said Tuesday that Michael Gionfriddo has announced his retirement as the company’s president and CEO effective December 31, and that Fabrizio Gamberini has been appointed the new president of Vibram in the United States....
11 Oct Report: Sears Hires Bankruptcy Professionals
Sears Holdings Corporation, the parent of Sears and Kmart, is considering filing for bankruptcy protection as soon as this week as it faces a large debt repayment on Monday, reports The Wall Street Journal....
11 Oct Dick’s Sporting Goods Expands Use Of First Insight Technology
Dick’s Sporting Goods has expanded the company’s partnership with First Insight, which offers technology aimed at helping retailers and brands make better-informed product development and pricing decisions....
11 Oct DSW And Authentic Brands Group To Acquire Camuto Group
DSW Inc. announced the company has entered into a definitive agreement to acquire the operations of Camuto Group, best known for the Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand. ...
11 Oct Zumiez’s Comps Expand 1.2 Percent in September
Zumiez Inc.announced that total net sales for the five-week period ended October 6, 2018 decreased 8.0 percent to $77.7 million compared to $84.4 million for the five-week period ended September 30, 2017....
04 Oct Soulful Sister Act … Chloe x Halle x Teva F18 Collection
Fall 2018 ushers in and 20-year-old Chloe and her sister, Halle, to partner with Teva on a collection of shoes for the brand’s campaign. If you are not familiar with the singers, they are on an American tour opening for leading headliners in the music...
04 Oct Birkenstock To Open First U.S. Store
The store is located at 120 Spring Street in the historic SoHo neighborhood of lower Manhattan. Celebrating over 50 years of distribution in the U.S., the SoHo store gives the German brand a new home in the heart of New York, laying the ground work...
04 Oct JC Penney CFO Exits
J. C. Penney Company Inc. announced that Jeffrey Davis has informed the company that he is resigning from his position as executive vice president and chief financial officer effective Oct. 1 to pursue another opportunity. Jerry Murray, senior vice president of finance, will assume the...
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