Adidas announced that effective October 2 it has formally completed the previously announced divestiture of its TaylorMade, Adams Golf and Ashworth golf brands to a newly formed affiliate of KPS Capital Partners, LP....
Based on stronger than expected sales quarter-to-date, the company now expects fiscal 2017 third quarter net sales in the range of $241 to $243 million, compared with its previous guidance range of $236 million to $241 million....
According to the statement from the CMO of the Year Award, “It was 1994 when Eric Liedtke (50) joined Adidas, then as a Global Line Manager for Cross Training in Portland, USA. ...
“After three successful years running Dr Martens, Steve Murray CEO and the board have agreed that it is time for a change in leadership,” the retailer said in an internal memo to staff last week. ...
Asics will open its Asics Harajuku Flagship on October 6 in Tokyo Harajuku district. This store will be the brand’s largest retail store in Japan....
“I’ve always been fascinated by outdoor culture and how its product sits at the forefront of design and innovation. I’ve drawn inspiration from it and have referenced it throughout my career,” Hamilton said. ...
“Our intention with Vibram Arctic Grip is to push the bounds of sole technology on icy surfaces,” stated Michael Gionfriddo, president and CEO of Vibram USA. ...
Dozens of Foot Locker associates will distribute nearly 5,000 pairs of brand new athletic shoes for what has become one of the largest back-to-school giveaways, thanks to a unique 29-year partnership with Fred Jordan Missions and Foot Locker....
The Finish Line is in “direct negotiations to buy Finish Line, and an acquisition could be announced in the coming weeks,” according to a report from the New York Post....
“The sale to Original Footwear will provide the opportunity for the Big Rapids factory to compete for Department of Defense contracts set aside for small businesses,” said, Blake Krueger, Wolverine’s chairman, chief executive officer and president....