22 May Footwear Industry’s Response to Senate Passage of TPA
Tonight the U.S. Senate passed the Bipartisan Congressional Trade Priorities and Accountability Act (TPA-2015) by a vote of 62 to 37. The House of Representatives...
Economic news
08 May Puma Cuts 2015 Guidance On Strong U.S. Dollar
Puma reported first-quarter profits fell 30 percent despite a 13 percent revenue gain. Sales grew 4.4 percent on currency-neutral terms. The company said its profit...
05 May Adidas Profit Rises on North America Rebound
Adidas Group reported sales rose 17 percent in the first quarter, or 9 percent on a currency-neutral basis. While Western Europe and China grew faster,...
01 May Implus Control Sold to Berkshire Partners
Implus Corporation, a leading provider of consumer products in the accessories marketplace, today announced that Boston-based investment firm, Berkshire Partners LLC, entered into a definitive...
28 Apr Truckers Strike Ports of Los Angeles and Long Beach
On Monday, April 27, 2015, port truck drivers serving the nation’s largest port complex began a strike of four major drayage firms at the twin...
28 Apr Wolverine Performance Sales Decline in First Quarter
Wolverine Worldwide reported flattish sales for its first quarter ended March 28, as mid single-digit growth from the Heritage Group and low single-digit growth from...
27 Apr Steve Madden Q1 Revenues Climb 6 Percent
Steve Madden reported net sales increased 6.3 percent in the first quarter, to $323.9 million compared to $304.6 million in the same period of 2014....
23 Apr Skechers Q1 Revenues Catapult 41 Percent
Skechers USA Inc. reported sales rose 40.5 percent in its first quarter, to $546.5 million in the first quarter from $546.5 million in the first...
22 Apr Puma Reports Solid First Quarter Sales Gains
Puma posted sales of €825 million ($931 mm), up 13 percent from a year earlier, or 4.5 percent in comparable terms, mainly driven...
22 Apr Under Armour’s Q1 Revenues Climb 25 Percent
Under Armour reported earnings in its first quarter declined 13 percent, as expected, and came in a penny ahead of Wall Street's target. Revenues jumped...