Macy’s, Inc. reported first-quarter earnings slid 13.8 percent. Same-store sales dipped 0.1 percent, lower than planned due to delays caused by the West Coast port slowdown, extreme winter weather and lower international tourist spending....
Marvin Ellison, president and CEO-designee, said, "The teams executed extremely well this quarter, resulting in significantly improved performance across the enterprise. It is clear that our strategic initiatives are working to drive profitable sales growth...
Kering, the parent of Puma, Volcom, Cobra, Electric and Tretorn, appointed Todd Hymel to the newly created position of CEO of Action Sports Brands, effective July 1....
Asics America Corporation also saw "expansive growth" across the Apparel and Accessories categories, demonstrating increased demand in the market. Athletic Sports Apparel grew an impressive 49.7 percent overall, led by running apparel, which increased 70.7 percent. Accessories also were up 26.2 percent....
Clarks’ newest office will feature a range of advantageous amenities: an expansive roof deck, 5,000ft2 private outdoor terrace, employee retail store, employee fitness center, 10’ high windows, 50’ skylights, a three-story lobby, covered parking, and much more. ...
Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, against a profit of $6.4 million,...
Nike Inc. announced its intention to accelerate investment in advanced footwear manufacturing in the United States, if a Trans-Pacific Partnership (TPA) is passed and finalized. In a statement put out Friday, hours before President Barack Obama is to speak at the company’s Beaverton, OR headquarters,...
“We applaud both committees for passing Trade Promotion Authority (TPA) legislation with a strong, bipartisan vote. TPA is critical to finalizing and passing the Trans-Pacific Partnership, a free trade agreement that will greatly benefit American consumers and footwear companies. Our industry paid almost $2.7 billion...
Today, the British Footwear Association (BFA) and the Footwear Distributors and Retailers of America (FDRA) announced the establishment of a strategic partnership designed to enhance the cooperation of footwear companies in the U.S. and in the U.K. As part of the partnership, the two...
"We are encouraged that Senator Hatch and Senator Wyden have introduced bipartisan Trade Promotion Authority (TPA) legislation in Congress, moving the debate on trade forward," said Footwear Distributors and Retailers of America (FDRA) President Matt Priest. ...