22 Feb Wolverine’s Q4 Boosted By Momentum At Merrell And Sperry
Wolverine World Wide reported earnings on an adjusted basis grew 27 percent in the fourth quarter, helped by improving margins and a sharp reduction in operating expenses. ...
FDRA
22 Feb Foot Locker To Ramp Up Capital Spending In 2019
The increased spending reflects increased investments in the company’s store fleet in all existing regions, including Asia, and in its digital initiatives....
22 Feb Asics Appoints Director Of Run Specialty Sales
Asics North America appointed Kevin McHale as its new director of run specialty sales. In this role, McHale will manage the run specialty business and drive strategic brand initiatives with the key accounts across the channel....
22 Feb Injinji Expands E-Commerce Portfolio In North America
“The demand for Injinji in Canada has been growing for some time, and we’ve had great success with our partnership with MEC,” said Injinji CEO and President Jason Battenfield....
15 Feb Payless Preparing For Second Bankruptcy
Payless ShoeSource is preparing for a second trip to bankruptcy court after emerging from proceedings last year, A CNBC report said if Payless cannot find buyers for its real estate, it may need to close the majority or all of its locations in North...
15 Feb Jon Caplan To Retire From Genesco
Genesco Inc. announced that Jon Caplan recently announced his retirement as chief executive officer of Johnston & Murphy and Genesco’s Branded Group, effective at the end of June 2019....
15 Feb Caleres Names Marci Grebstein SVP Marketing For Famous Footwear
Caleres on Tuesday announced Marci Grebstein will join Caleres as senior vice president of marketing for Famous Footwear on February 19. Famous Footwear is the largest brand in the Caleres portfolio, with over $1.6 billion in annual revenue....
15 Feb Puma Q4 Revenues Jump 20 Percent
Puma wrapped up 2018 by reporting significant earnings gains in the fourth quarter on a 20.1 percent revenue gain. For 2019, Puma expects earnings to climb 23 percent on a 10 percent sales increase....
14 Feb Asics’ Operating Earnings Tumble On Americas Weakness
Asics reported operating income slumped 46.3 percent in 2018 on a 3.4 percent decline in sales. Results were impacted by a sharp decline in sales in the Americas region. Revenues reached ¥386,7 billion, down from ¥400,.2 billion a year ago, according to a statement....
14 Feb HanesBrands Q4 Powered By Huge Growth For Champion
HanesBrands announced fourth-quarter 2018 results, including net sales growth of 7 percent and double-digit operating profit growth. Both earnings and sales exceeded Wall Street’s targets. Champion sales increased more than 50 percent outside the U.S. mass channel. The company also delivered operating cash flow of $502 million, and...