“Nike’s employees and athletes believe that sport has the unique power to unite people and inspire change – and they believe Nike’s role is to be in the game, to never sit on the sideline,” the company wrote in its statement....
Sales of Ivanka Trump’s merchandise at Nordstrom plummeted by nearly a third in the last fiscal year, including sliding more than 70 percent in the last three weeks of October 2016 just before the election....
Powered by the brand’s training shoe, the Nano 7, Reebok gathered special guests and athletes around the world to break 44 of the top fitness-based Guinness World Record titles in 24 hours. The Nano 7 has now helped break more world records than any other...
Asics Corp. reported operating earnings in the year were down modestly primarily due to foreign exchange losses. A double-digit drop in the U.S. and the strong yen led to a decline in revenues....
“This is very much in line with what we are forecasting for retail sales and consumer spending this year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers try to balance inventories very carefully with demand. So, when retailers import more...
UK retail shops started the year on a positive note after it experienced a relatively small fall in footfall year-on-year, according to new figures. The latest Retail Traffic Index published by Ipsos Retail Performance indicates that footfall was down by “just” 1.4 per cent last...
The BDSE confirmed that according to a recent survey with owner-run shoe retailers in Germany, 75% of shoe stores were unable to reach their previous year’s figures as part of the GDS opening press conference, held at the Areal Böhler on the 7th of February,...
French fashion group Vivarte sold its shoe chain André and its fashion chain Naf Naf. Its new CEO, who took charge in October 2016, has been working on a restructuring plan to slim down the company and this is part of that process. Naf Naf sale is...
January retail sales saw the worst performance since 2013 as like-for-like sales fell into negative growth. The BDO High Street Sales Tracker (HSST) revealed that UK high streets couldn’t recover from the 0.1 per cent drop in sales in December, with another 0.1 per cent...
“The economy is on firm ground as we head into 2017 and is expected to build on the momentum we saw late last year,” NRF President and CEO Matthew Shay said. "With jobs and income growing and debt relatively low, the fundamentals are in place...