Sears Chairman Eddie Lampert’s $5.2 billion bid to buy the retailer’s assets and keep the chain alive was approved Thursday afternoon by U.S. Bankruptcy Judge Robert Drain in White Plains, N.Y., according to reports....
Brooks Running Co. reported global revenue reached a record $644 million in 2018, a 26-percent year-over-year. The gain was driven by a 28-percent increase in global footwear sales. Apparel stabilized and grew 7 percent....
Adidas in 2018 produced more than five million pairs of shoes containing recycled plastic waste. The company now plans to more than double that figure this year....
The Supervisory Board of Puma SE has decided to create a dedicated board position for sourcing and has appointed Anne-Laure Descours as chief sourcing officer and member of the management board of Puma SE, effective February 1, 2019....
Kohl’s announced a new, strategic collaboration with WW, formerly Weight Watchers, to pilot a variety of health and wellness offerings to help customers and Kohl’s associates on their wellness journeys. ...
Gold, a 28-year veteran, began his career as an assistant buyer. His roles included vice president, director of the Neiman Marcus Last Call Clearance Division, president of specialty retail at Neiman Marcus...
Deckers Brands Inc. sharply raised its earnings guidance for its fiscal year after reporting earnings in the third quarter December 31 easily topped guidance. The gains were led by a 12.5 percent climb in wholesale revenue. Ugg’s sales grew 3.6 percent while Hoka One One’s revenues jumped...
Iconix Brand Group, Inc. appointed John T. McClain as the company’s executive vice president and chief financial officer, effective February 11....
JD Sports Fashion Plc, the U.K.-based retailer, announced an update on performance following the Christmas trading period....
The pop-up, located at 711 10th Street NW, will release a rotating selection of limited-edition styles from January 26 through the end of March. ...