Adidas AG resolved plans to return up to €1.5 billion ($2 bn) in total to Adidas AG shareholders over the next 3 years, primarily through stock buybacks. In addition, Adidas AG confirms its stated commitment to pay an annual dividend to shareholders in the...
The Running Specialty Group (RSG), an operating segment of The Finish Line, Inc., announced the addition of Raleigh-based Capital RunWalk to its national community of retail locations. This expands RSG’s market share to include North Carolina....
VF Corporation Senior Vice President & Chief Financial Officer Robert K. Shearer will retire in March 2015, after 28 years with the company. VF named Scott A. Roe, 49, currently Vice President, Controller and Chief Accounting Officer, to succeed Shearer in the role of...
Boot Barn Holdings Inc., which operates 155 stores in 24 states, has filed for an initial public offering. The company plans to raise up to $86.25 million. The number of shares to be sold and the expected pricing weren't yet revealed, according to a filing...
The Board of Directors for Outdoor Industry Association® (OIA) today announced that Frank Hugelmeyer has resigned as President and Chief Executive Officer effective October 3, 2014. The OIA Board will identify an interim Executive Director to continue the positive momentum of the organization while a...
Shoe Sensation currently employs 850 associates at its stores across 16 states, including more than 90 Hoosiers and 60 full-time associates at the company’s Jeffersonville headquarters. It has already begun hiring buyers, allocators, human resource professionals, accountants, advertising specialists, warehouse associates and real estate professionals....
Steve Madden signed a definitive agreement to acquire Trendy Imports S.A. de C.V., Comercial Diecisiette S.A. de C.V., and Maximus Designer Shoes S.A. de C.V. (together, “SM Mexico”). As Steve Madden’s Mexican licensee, SM Mexico markets Steve Madden products in Mexico in the wholesale channel...
In a partnership with Foot Locker and Fred Jordan Mission in Los Angeles, more than 4,000 impoverished boys and girls will be given free athletic shoes, new clothing, backpacks filled with school supplies, In-N-Out burgers and haircuts to help them return to school....
“Our second quarter results fell short of our expectations due to softness within elements of our basketball offering while our running business was up mid single digits driven by casual and performance styles,” said Glenn Lyon, Chairman and Chief Executive Officer....
Dawgs Inc. has sued Crocs Inc. for its alleged anti-competitive actions and "actual monopolization of the market for ethyl vinyl acetate (EVA) fully molded ventilated clog-type casual shoes in the United States" that has prevented Dawgs from selling to major retailers and distributors....