22 Apr Rocky Brands Q1 Profits Improve
Rocky Brands reported flat sales in the first quarter but its profitability doubled. First quarter net sales were $65.5 million compared to $65.8 million in...
Economic news
16 Apr The Footwear Industry’s Statement on TPA Introduction in Congress
"We are encouraged that Senator Hatch and Senator Wyden have introduced bipartisan Trade Promotion Authority (TPA) legislation in Congress, moving the debate on trade forward,"...
30 Mar Net Shoes Raises $45M in Fresh Capital for Latin American Expansion
IFC, a member of the World Bank Group, and Riverwood Capital, a risk capital fund specialized in technology, announced a $45 million equity investment in...
27 Mar Finish Line’s Q4 Earnings Top Estimates
The Finish Line reported earnings declined 5.4 percent to $40.4 million, or 87 cents in its fourth quarter ended Feb. 28, but adjusted earnings topped...
20 Mar Nike’s Q3 Earnings Climb 16 Percent
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, a penny ahead...
18 Mar Shoe Carnival’s Q4 Earnings Soar
Shoe Carnival, Inc. reported a sharp increased in fourth-quarter earnings, exceeding its guidance. Comparable-store sales jumped 9.5 percent driven by broad based gains across all...
17 Mar DSW’s Q4 Profits Rise 13 Percent
DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings...
17 Mar Foot Locker Shooting for $10 Billion in Sales by 2020
Foot Locker Inc. is targeting sales of $10 billion and sales per gross square foot of $600 by 2020, according to new financial targets laid...
16 Mar Oofos Doubles International Growth
Oofos, the maker of recovery footwear, more than doubled its international business over the past year. The company reported that 15 percent of its...
12 Mar Electronics Industry Expanding in Vietnam
A growing number of electronics companies are following apparel and other soft goods manufacturers to Vietnam in search of lower wages, according to the Hong...