Rocky Brands Inc. reported earnings rose 28.6 percent in the fourth quarter on an adjusted basis. The gains reflect improved gross margins due to segment mix, increased manufacturing efficiencies and improved full priced selling. Wholesale sales increased 3.4 percent....
Payless ShoeSource is now holding store closing sales at all retail locations in North America. This is the largest liquidation event, by store count, in retail history with sales to be conducted at all of its approximately 2,300 stores in the U.S., Puerto Rico and...
Nike has signed a multiyear endorsement deal with Olivia Moultrie, the 13-year-old soccer standout, according to The New York Times....
Clarks has hired Giorgio Presca to take on the role of chief executive. Presca will be responsible for all operational, financial and commercial aspects of the business and will lead the Clarks strategy with the executive committee....
Dick’s Sporting Goods’ board of directors authorized and declared a quarterly dividend of $0.275 per share on the company’s common stock and Class B common stock. The dividend is payable in cash on March 29, 2019, to stockholders of record at the close of business on...
GuideSole Technology For Runners reduces energy loss at the ankle joint to boost running efficiency In Limited Release Today Asics MetaRide, two years on the drawing board, was designed to minimize energy loss at the ankle joint by “almost one-fifth” for comfortable long-distance running. GuideSole technology — curved...
Launches March 1 … Loved By Brooks Ambassador Athlete and First Woman To Win The Boston Marathon, Des Linden The Glycerin 17 has been in the Top Five at Speciality Retail for the past Three Consecutive Years and on BrooksRunning.com last year. The Glycerin was up 22-percent year-over-year...
Crocs Inc. reported a steep loss in the fourth quarter due to a charge related to its buy back of some of the preferred shares held by Blackstone Group LP. The loss before charges came in better than Wall Street’s consensus target as sales grew...
Rack Room Shoes announced Melanie Ortlieb has succeeded industry veteran Dan Crawford as director of merchandising. Crawford is retiring after two decades of service with Rack Room Shoes, and this hire ensures a seamless transition for the brand’s merchandising activities. In her new position, Ortlieb will collaborate...
Gap Inc. announced plans to create two independent publicly traded companies: Old Navy and a yet-to-be-named company which will consist of the iconic Gap brand, Athleta, Banana Republic, Intermix and Hill City. Gap Inc. expects to effect the separation through a spin-off that is intended to...