19 Feb Adidas’ China Business Activity Tumbles 85 Percent Due To Coronavirus
Adidas said on Wednesday that its business in the greater China area had dropped by about 85 percent year-on-year in the period since Chinese New Year on January 25....
FDRA
18 Feb Moody’s Assigns A3 Ratings To VF’s Proposed Euro Notes
Moody’s Investors Service assigned A3 ratings to V.F. Corporation’s proposed senior unsecured Euro notes....
18 Feb Famous Footwear’s Q4 Comps Jump 5.1 Percent
Caleres, the parent of Famous Footwear and a number of wholesale footwear brands, reported preliminary fourth-quarter 2019 net sales results....
18 Feb NBA To Lose ‘Hundreds Of Millions’ In China Over Hong Kong Tweet
NBA Commissioner Adam Silver said on Saturday that the league will likely lose “hundreds of millions of dollars” in lost sponsorships and broadcast revenue from its standoff with the Chinese government after an executive last year tweeted his support for Hong Kong’s protesters....
18 Feb Anta Sports Sees Coronavirus Outbreak Impacting First-Half Results
Anta Sports Products expects the coronavirus outbreak will impact its financial performance in the first half of 2020 but is aiming for a recovery in the second half, the Chinese company said in a stock exchange filing. Roughly 40 percent of the company’s stores in...
13 Feb Bass Pro Shops Ranks As Third Most Reputable Retailer in U.S.
For the second consecutive year, customers ranked Bass Pro Shops and Cabela’s as two of the most reputable retailers in the world for overall customer experience, according to 2019 Retail Reputation Report compiled by Reputation.com. Bass Pro Shops moved up the list from 12th last year...
13 Feb Allbirds Appoints Nancy Green To Board Of Directors
Allbirds, the footwear start-up, announced that it has appointed Nancy Green, president and chief creative officer of Old Navy and former president of Athleta, to its Board of Directors. Green brings with her decades of experience in the retail space, including a six-year tenure as president...
13 Feb Vans Opens First Community-Driven Retail Store in Downtown Los Angeles
Vans opened its first community-driven retail and event space in Downtown Los Angeles. The 11,500 sq. ft. space pays homage to Los Angeles’ skateboarding roots and art community over two floors featuring work from a number of local makers, a wide range of Vans footwear,...
13 Feb Nike Releases Fiscal 2019 Impact Report
Nike Inc released its latest Impact Report covering its fiscal year 2019. The report details the progress the company is making to reach its diversity & inclusion, community and sustainability targets for 2020. Highlights of the report include: Nike increased vice president (VP)-level representation of women...
13 Feb Genesco Announces New Corporate Headquarters
Genesco Inc., the parent of Journeys, announced plans for its new corporate headquarters in Nashville, TN. The company’s new corporate offices will be located at 535 Marriott Drive in Nashville and occupy approximately two-thirds of the facility’s 310,000 square feet of space. Relocation is targeted...
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