Elevate Global VP Patrick McKeller discussed ways in which companies can boost factory worker retention and productivity at the FDRA’s Footwear Production and Trade Summit in China. As one of the biggest producers of footwear manufacturing in the world, China also has been faced with lousy...
QVC parent company Liberty Interactive Corp. today announced that it has entered into a deal to acquire the 62 percent of competitor HSN Inc. that it does not already own. (Liberty currently owns 38.2 percent of HSNi.) The all-stock transaction, expected to close in the fourth...
Teva said that beginning with the Spring 2018 season, it will be transitioning the Teva kids business back in-house. For the past three years, Teva had a licensing relationship with footwear firm, BBC International, for the distribution of the Teva kids wholesale business across the U.S. “Teva...
Nike, Inc. reported fiscal 2017 financial results for its fourth quarter and full year ended May 31, 2017. International geographies and the Direct-to-Consumer (DTC) businesses globally led strong revenue growth in the fourth quarter and full year. Diluted earnings per share for the quarter rose 22 percent...
Puma announced a future reorganization of the Canadian business and a further investment into the growing Canadian market. The brand plans to centralize their operations for a more efficient approach. Given strong sales and growth within the Canadian market, Puma is increasing its commercial footprint in...
In a partnership with Refinery29, a digital-media company focused on women, Adidas is teaming up with celebrated female artists to create one-of-a-kind pairs of the UltraBoost X representing all 50 states. In collaboration with digital campaign platform Wyng, Adidas and Refinery29 are leading the industry with the first...
After three productive years leading Nikwax North America, Rick Meade has announced he is leaving to seek new challenges and growth opportunities. Brian Davidson, current director of sales for Nikwax, has been named president, and Heidi Allen, current marketing director, has been promoted to VP...
Timed for Berlin Fashion Week, Birkenstock BOX, a mobile retail concept from the comfort shoe leader, is making its debut in a partnership with Andreas Murkudis, the Berlin-based fashion retailer. Designed by renowned architectural studio Gonzalez Haase AAS, Birkenstock BOX consists of two stacked converted freight containers,...