Wolverine Worldwide reported third quarter revenues reached $711.1 million – down 0.8 percent versus the prior year, but in line with the company's previous guidance – and strong adjusted diluted earnings per share growth of 8.6 percent to 63 cents a share. Wall Street's consensus...
J. C. Penney Company, Inc. appointed Marvin Ellison, currently executive vice president of stores at Home Depot, as president and CEO-Designee, effective Nov. 1, 2014. Ellison will also join the board of directors. He will then succeed Myron E. (Mike) Ullman, III as CEO of...
Every Back to School season, family footwear retailer Rack Room Shoes seeks to empower customers to impact their local communities through its Shoes That Fit fundraiser. This year, the retailer raised $601,149 to provide children in need with new shoes for the school year....
On Sept. 12, 2014, G.H. Bass & Co. discovered that an unauthorized person had connected a small data capture device to one of the cash registers in its store on International Drive in Orlando, FL. G.H. Bass & Co. immediately launched an investigation and...
Dr. Heinz-Horst Deichmann, founder of the shoe retailer chain carrying his name and deputy chairman of the board of DEICHMANN SE, passed away on Thursday, Oct. 2, 2014, at the age of 88. ...
Aetrex Worldwide Inc. has launched its first-ever mobile app generator for footwear retailers to support its iStep system....
Under Armour, Tennessee Governor Bill Haslam, and Economic and Community Development Commissioner Bill Hagerty announced the company's plans to build a new one million square foot distribution and warehouse facility in Mount Juliet, TN a suburb of Nashville. This will be Under Armour's third distribution...
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...