Author: Andy Polk

Edward Rosenfeld, Chairman and Chief Executive Officer, commented, "We are pleased to have delivered solid sales and earnings growth in the fourth quarter despite a challenging retail environment. While our retail segment performance was below expectation, we recorded another strong quarter in our wholesale business."...

A key feature of the new Adidas HomeCourt concept is the Arena Façade, creating a bold, distinctive new look for Adidas. Like an entrance gate, the Tunnel Entry draws consumers into the big game and welcomes every visitor with a “sound shower” of cheering fans...

Nordstrom same-store sales, which consist of the full-line and Direct businesses, increased 2.2 percent compared with last year’s same-store sales increase of 6.1 percent. Top-performing merchandise categories included Men’s Shoes....

For the full year, the company reported an adjusted earnings of 82 cents per share and revenue $1.2 billion. That compares with earnings of $1.42 per share and revenue of $1.1 billion the year before. Analysts expected earnings of 78 cents per share and revenue...