Author: Andy Polk

Asics Corporation reported sales rose 24.8 percent in the first quarter. Sales in the North America region rose 20.1 percent on e-commerce gains and the region returned to profitability. Companywide, sales reached ¥106,549 million against ¥85,341 million a year ago. Asics said that despite the effects...

Allbirds, the San Francisco-based casual footwear and sneaker maker, is in the process of interviewing banks in preparation for an initial public offering (IPO) according to a report in The New York Times DealBook. The direct-to-consumer brand, a certified B Corp, was last valued at roughly $1.7...

Sequential Brands Group Inc. announced that it has closed on the sale of its Heelys brand to BBC International for $11 million in cash proceeds. BBC had been licensing the Heelys’ brand from Sequential Brands since 2013. The partnership came soon after Sequential Brands acquired the...

Foot Locker Inc. released its Impact Report, which describes the company’s efforts to advance its environmental, social and governance (ESG) priorities. “As a purpose-driven organization, Corporate Social Responsibility is not a separate mandate for our business. Instead, it is embedded in our fabric and fuels our...

U.S. consumer confidence in March climbed to a one-year high, after a modest increase in February, as Americans grew more upbeat about the economy and labor market. The Conference Board’s index increased to 109.7 from a revised 90.4 reading in February. That was the sharpest one-month...