Cherokee Global Brands, the parent of Hi-Tec, Tony Hawk Signature Apparel and Flip Flop Shops, reported a loss in its first quarter ended April 29, impacted by the decision by Target, the discount chain, to stop selling the Cherokee brand. The company also said it was...
People Footwear appointed Marty Meade as vice president of sales. Meade will be based in the Portland, OR office. “We are thrilled to have Marty as part of the People Footwear family,” said Damian Van Zyll De Jong, CEO. “As our brand continues to grow and we...
Famous Footwear introduced buy-online, in-store pickup at all its more than 1,000 locations. Customers who use the free service on famous.com, from July 7 through 11, will receive $5 off one order containing an in-store pickup item. “With more than 1,000 stores across the country, customers can...
Tonsser, a startup that offers a vertical social network aimed at youth soccer players, has signed on Nike as its first brand channel partner, according to a report from TechCrunch. Offering a way for players to get discovered by a major club, the Copenhagen-based firm now has...
Wiivv Wearables Inc., a Vancouver and San Diego-based consumer technology company that creates custom-fit footwear products through an app, has launched an Employee Wellness program for workers on their feet, following a successful pilot program with the Pacific Northwest’s renowned North Shore Rescue team. As a...
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...