08 Feb Nike Signs Clean Energy Deal In Europe
Nike signed its first European clean energy deal with Iberdrola, the Spanish utility, with a goal of having all its offices in Europe powered by renewable energy by 2020....
Author: Andy Polk
08 Feb Foot Locker Announces $100M Strategic Investment In GOAT Group
Foot Locker Inc. announced that it is making a $100 million strategic minority investment through its subsidiary in 1661, Inc., d/b/a GOAT, a managed marketplace for authentic sneakers operating the GOAT and Flight Club brands. Over time, Foot Locker and GOAT Group will combine efforts across...
08 Feb Columbia Sportswear Beats Estimates On Record Q4, Full Year 2018
Columbia Sportswear Co. on Thursday announced net sales of $917.6 million for the fourth quarter of 2018, an increase of 18 percent (19 percent constant-currency), compared with net sales of $776 million for fourth quarter 2017 and ahead of Wall Street estimates by $69.6 million....
08 Feb Skechers Tops Q4 Targets On Robust International Growth
Skechers USA, Inc. reported earnings on an adjusted basis grew 42.3 percent, easily topping Wall Street’s targets, as sales gained 11.4 percent. Fourth Quarter Highlights Record fourth quarter sales of $1.08 billion, an 11.4 percent increase, or 13.7 percent on a constant currency basis International wholesale sales increase...
08 Feb The Buckle Sees Dip In January Comps
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended February 2, 2019 decreased 2.2 percent from comparable store net sales for the 4-week period ended February 3, 2018....
08 Feb Sears Sale To Chairman Eddie Lampert Earns Court Approval
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....
31 Jan Brooks Sees Record Year In 2018
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....
31 Jan Adidas Doubles Down On Commitment To Using Recycled Plastic
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....
31 Jan Puma Appoints Chief Sourcing Officer
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....
31 Jan Kohl’s Partners With Weight Watchers
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. ...
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