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Crocs Inc. announced it expects record 2021 revenues with approximately 67 percent growth compared to 2020. “2021 proved to be an exceptional year for the Crocs brand, highlighted by expected 67 percent revenue growth amidst a challenging global supply chain environment,” said Andrew Rees, Chief Executive...

According to Mastercard SpendingPulse, holiday retail sales, excluding automotive, increased 8.5 percent year-over-year this holiday season, running from November 1 through December 24. Notably, online sales grew 11.0 percent compared to the same period last year, its preliminary insights show. Mastercard SpendingPulse measures in-store and online...

Nike has made its first name, image and likeness (NIL) deal with a college athlete, signing UCLA women’s soccer player Reilyn Turner. As part of the sponsorship, the sophomore forward and Nike will “team up to work with Los Angeles-based community partners,” to encourage young girls...

Shoe Carnival, Inc. announced that it had acquired substantially all of the privately-held, family-owned Shoe Station, Inc., which operates 21 stores in five Southeastern states. Shoe Carnival acquired its assets for $67 million, subject to customary adjustments, funded through cash on hand. “We are excited to...