Crocs Inc. reported earnings rose 65.8 percent excluding non-recurring charges in the second quarter as improved margins and expense management offset a 3.3 percent decline in sales. These results cover the three months ended June 30, 2017, and are compared to the three months ended June 30,...
Phoenix Footwear Group Inc., the parent of Trotters and Softwalk, shrank its net loss for the first six months to $612,000 from $737,000 for the first six months of fiscal 2016. The EBITDA loss improved to a loss of $257,400 for the first six months...
W. Paul Jones, the CEO of Payless ShoeSource, has resigned just as the retailer is set to exit bankruptcy proceedings, according to a report from the Topeka Capital-Journal. The Topeka Capital-Journal said Jones told employees of his resignation plans Tuesday morning at a town hall meeting...
Puma partnered with Mountain View, CA-based motion science company Lumo Bodytech to introduce a new Puma product powered by Lumo’s artificial intelligence coaching platform. Lumo Bodytech combines sensor data and advanced algorithms to optimize human movement designed to improve health, performance and injury prevention. Lumo’s solutions...
Rack Room Shoes promoted Laryssa Grant to the role of children’s buyer. After a decade in the women’s buying department, Grant will continue evaluating items that customers will respond to in the category. She will also lead the development and design of all of Rack...
On Wednesday, August 2, in London, Puma hosted a press conference to celebrate Usain Bolt’s legendary status and long track & field career. Usain’s parents joined him onstage to present him with a special pair of Bolt Legacy Spikes, commemorating his journey as he prepares...
To commemorate the start of the IAAF World Championships, Adidas is set to unveil the adiZero Prime Parley on August 8. The latest silhouette to join the expanding adiZero collection brings together the same high-performance mechanics of its earlier predecessors with sharp styling and purposeful ecological footprint of the Parley Ocean Plastic initiative. The uppers of the...
Timberland opened the doors to its first specialty concept store – The Timberland Tree Lab. Located in the King of Prussia mall (PA), the experiential Tree Lab features curated product collections and brand stories in a gallery-style setting that will change every six weeks. The store...
The Aldo Group is buying Camuto Group in a deal that brings together two of the most storied names in shoes and creates a huge, new powerhouse. The marriage will significantly increase both companies’ capabilities and broaden their reach in a major way. Aldo derives most...
Uncertainty, it seems, is the mother of all supply chain revamps. With trade in the chancy state it’s in, brands are doing their best to sure up in the face of it rather than trying to anticipate what’s up next. That was the message at a panel...