Yue Yuen reported net earnings declined 23.3 percent to $95.4 million in the first quarter ended March 31, mainly due to operating deleverage from the sales decline within the manufacturing business, a reduction of the non-recurring gain for the period and higher finance costs during...
“I grew up in Houston with Academy, and I know this company is special because of our mission, values and people. Our philosophy of making sports and outdoors accessible for all for less is differentiated in today’s retail market, and our focus on our customers...
Earlier this month, I attended the FDRA Executive Summit, where I learned that while footwear sales have risen for the seventh straight year, same-store sales actually contracted -0.9 percent in 2017. According to a report released by FDRA, “Shoe Review Footwear Report 2017,” the disparity...
As president, Cavassa will work to further elevate Saucony’s position as a leading global performance running and lifestyle brand. In her new role, Cavassa will be on the senior leadership team at Wolverine Worldwide and report directly to Richie Woodworth, president of the Wolverine Boston...
To celebrate the 100th anniversary of its Founder, Kihachiro Onitsuka, Asics is launching a limited-edition footwear and apparel collection designed to reflect Mr. Onitsuka’s positive outlook on life, his appreciation of sunflowers and his philosophy of “sound mind in a sound body”. ...
The Rockport Group LLC announced that the company has received approvals from the U.S. Bankruptcy Court for Delaware for all of the company’s First Day motions, which will support Rockport’s business operations as the company completes the previously announced court-supervised sale process....
As previously announced, following this transaction, Kering will retain 15.70 percent of the share capital and 15.85 percent of the shares outstanding and voting rights of Puma. This stake will be accounted for under the equity method in Kering’s financial statements....
The growth is expected to driven by expanded lifestyle offerings spurred on by the company’s newfound cachet in fashion circles, aggressively expanding direct-to-consumer and expanding Champion’s geographic reach....
“Gianni has extensive experience in product strategy and business development across various industry sectors and channels,” said Richard Newcombe, president of Pentland’s Footwear Division. ...
St. Clair, a 31-year Nike veteran and experienced enterprise leader, has held senior roles in North America, China and Emerging Markets including, most recently, VP, GM of Field Sports and Specialty North America and VP, GM China Running....