VF Corporation was recognized by Ethisphere as one of the 2021 World’s Most Ethical Companies. “We’re very proud to be recognized for the fifth consecutive year as one of the world’s most ethical companies and the only honoree in the apparel industry,” said Steve Rendle, VF’s...
Apex Global Brands Inc. said it entered into a merger agreement with Galaxy Universal LLC. Apex’s brands include Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Point Cove, Carole Little Everyday California, and Sideout. The closing of the acquisition is expected to occur in the second...
Deckers Brands capitalized on its strong brands and a direct-to-consumer (DTC) e-commerce business to post solid results for the fiscal third quarter ended December 31, 2020. On a conference call with analysts to review results and provide more detail on trends, management spoke to its...
Nordstrom Inc. discussed its long-term strategy to generate sustainable shareholder value Thursday at a virtual investor event. The company also reiterated fourth quarter 2020 expectations, introducing its fiscal year 2021 outlook and providing its long-term financial outlook. “We have a unique business model with two powerful...
Mizuno Corp. reported earnings surged in the third quarter ended December 31 as sales grew 8.1 percent. Quarterly results were attained by extrapolating six-month results from nine-month results. Sales in the quarter reached ¥40.5 billion against ¥37.2 billion a year ago. By region, sales in Japan were up...
Nike, Inc. has acquired Datalogue, a data integration platform start-up based in New York. Datalogue is Nike’s latest acquisition to enable its consumer-led digital transformation. “Our CDA strategy focuses on accelerating how we connect with consumers to better serve them personally at scale,” said John Donahoe,...
FOR IMMEDIATE RELEASE Randy Burk, Executive Vice President Quality Corrections & Inspections Phone: (702) 719-2322 Email: randy_burk@qualitycorrections.com Website: www.qualitycorrections.com QUALITY CORRECTIONS & INSPECTIONS CELEBRATES 35TH ANNIVERSARY The product rework services provider serves as a trusted supply chain resource partner to companies around the world January 28, 2021 - Quality Corrections & Inspections, a...
Keen Inc announced plans to increase its Portland, OR production by 26 percent driven by demand for its “American Built” Utility boots and hikers assembled in Portland. Also, Keen is expanding its manufacturing relationship with Nester Hosiery, the manufacturer of outdoor socks based in North...
JD Sports Fashion Plc has entered into a conditional agreement for the acquisition of DTLR Villa LLC, an athletic footwear and streetwear retailer based in Baltimore, MD, for a total cash consideration of $495 million. Of the purchase price, approximately $100 million will be used to...
Amazon announced that Jeff Bezos will transition to the role of executive chair in the third quarter of 2021 and Andy Jassy will become CEO at that time. Jassy is CEO of Amazon Web Services (AWS). He joined Amazon in 1997 as a marketing manager. In...