The free trade agreement being negotiated between the US and 11 other pacific nations will bring a lot of business to Vietnam’s footwear industry, experts said during FDRA's conference in Ho Chi Minh City on Monday....
Adidas AG reported third-quarter profits slid 11 percent due to negative currency effects and a continuing slide at its golf division. Currency-neutral (c-n) sales increased 9 percent. In currency-neutral (c-n) terms, sales increased 9 percent, including a gain of 12 percent at Adidas, 7 percent...
Fleet Feet Sports is the industry leader in franchising and developing successful, locally owned-and-operated, community‐oriented specialty stores serving runners, walkers, and fitness enthusiasts. After nine years of ownership, Rice and Zepernick sold their Chico, CA, Fleet Feet Sports franchise to long-time employee Kristina Smith, her...
Net income for the third quarter improved 71.6 percent to $548,000 or $0.07 per share, compared to earnings of $320,000 or $0.04 per share during the third quarter of fiscal 2013. Included in net income for fiscal 2013 was a nonrecurring loss from discontinued operations...
The Pacific Maritime Association (PMA), which represents over 70 multinational ocean carriers and maritime companies in contract negotiations with the International Longshore and Warehouse Union (ILWU), accused the union Monday of initiating orchestrated slowdowns at the Pacific Northwest ports of Seattle and Tacoma, severely impacting...
Jack Wolfskin, Germany's leading domestic outdoor apparel, equipment and footwear brand, has appointed Melody Harris-Jensbach as Chief Executive with immediate effect. Michael Rupp, who has been at the helm since July 2012, decided for personal reasons not to extend his contract with the company, which...
Net sales in the North American wholesale segment, which include North American wholesale sales and licensing revenues, were $68.0 million for the third quarter of 2014, up 5 percent as compared to $64.8 million in 2013. Within the wholesale segment, net sales of our...
According to a regulatory filing with the Securities & Exchange Commission, Under Armour Inc. promoted Henry B. Stafford to chief merchandising officer, Matthew C. Mirchin to president, North America, and Adam Peake to EVP, global marketing....
Hicks will continue as Executive Chairman of the Board through the company’s Annual Meeting of Shareholders in May 2015 and will then step down from the Board. He will be succeeded as President and Chief Executive Officer by Richard (Dick) A. Johnson, who has...
Democratic incumbents fell right and left, even in seats that they had originally been favored to win. President Barack Obama’s poor approval rating — 42 percent in the last nationwide Galluppoll — dragged down candidates across the country in the face of a Republican wave....