Author: Andy Polk

Walmart has agreed to sell Shoes.com to CriticalPoint Capital, the Los Angeles based private investment firm and owner of JackRabbit and Olympia Sports, according to a report from Bloomberg. Walmart bought Shoes.com’s intellectual property for $9 million in 2017. It made Shoes.com the flagship domain for...

Jon Wexler, VP/GM of Yeezy, will leave Adidas on August 31. In an internal memo to staff obtained by WWD, Adidas wrote, “We regret to inform you that Jon Wexler, VP/GM of Yeezy, has decided to leave Adidas to pursue interests outside the company, effective August...

Timberland announced a goal for its products to have a net positive impact on nature by 2030. The goal includes having all products designed for circularity and made from natural materials sourced from regenerative agriculture. “The environment today is in a degraded state. As a footwear...