In return, the city of Portland Adidas and the City of Portland to give the company a $1 million System Development Charge credit. Adidas in undergoing a significant expansion at its U.S. headquarters, according to bikeportland.org....
VF Corp. said it is targeting a five-year compounded annual growth rate (CAGR) between 7 percent and 8 percent through fiscal 2024, fueled by VF’s largest brands (Vans, The North Face, Timberland and Dickies) and the company’s international and direct-to-consumer business platforms....
Skechers USA Inc. announced that since 2016, the company has reduced its use of plastic in its footwear packaging by 85 percent to 10 percent of its foot forms, all of which is recyclable*....
Nike Inc. reported earnings in the first quarter ended August 31 rose 25.2 percent and easily surpassed Wall Street’s targets. Currency-neutral sales grew 10 percent, led by a 27 percent jump in China and low-teens gains in both the EMEA and APLA regions. North America’s...
With this $3 million investment, Foot Locker and NTWRK will bring together the world’s best brands utilizing NTWRK’s highly compelling episodic format to release exclusive products, original content and access to the biggest names in youth culture....
Gap Inc. announced the appointment of Mary Beth Laughton as president and chief executive officer of Athleta. Laughton will begin her new role in late October and will serve on Gap Inc.’s senior leadership team reporting to president and chief executive officer Art Peck....
Supported by stronger profitability resulting from the 2018 acquisition, Boardriders intends to increase investment in its brands, with a significant emphasis on expanding its leadership in women’s products, further investing in its digital transformation, leveraging the strength of its brands to expand into new categories,...
Pentland Brands has announced new executive team responsibilities, and the addition of a new chief marketing officer role, to help drive the international growth of its portfolio of sports, outdoor and active brands....
Cliff Sifford, in addition to continuing to serve as CEO, also assumed the role of vice chairman of the board of directors. Sifford relinquished the president title. Sifford has been employed by the company for 22 years and has been president, CEO and a director...
Wolverine World Wide Inc. on Thursday announced the appointment of Chris Hufnagel, pictured below right, as global brand president of Merrell, the largest brand within its portfolio....