FDRA

Payless Inc. is discussing a restructuring of its $600 million debt load with lenders while seeking to close about 1,000 stores, according to a report from Bloomberg. If unable to reach a deal, the shoe chain may pursue a bankruptcy reorganization....

NikeLab will open in Bergdorf Goodman on Fifth Ave. in New York tomorrow as part of the footwear giant’s New York Fashion Week festivities. This follows the swoosh brining its seventh NikeLab store to Tokyo on December 1, 2016 after launching the unique destination category...

Wiivv Wearables Inc. launched its next phase of custom-fit footwear after raising $4 million in Series A funding and acquiring Esoles, known for their modular customizable footbeds....

“When people think of Timberland, words like ‘rugged’ and ‘heritage’ and ‘quality’ tend to come to mind – and those are great attributes for a brand to have,” said Jim Davey, vice president of global brand marketing for Timberland. “But the spring SensorFlex campaign showcases...