Skechers USA, Inc. announced the closing of a new $500 million, five-year, senior unsecured credit facility. This new credit facility replaces the $250 million asset-backed credit facility that Skechers entered into in 2015, which was due to expire in June 2020....
A solid showing from Famous Footwear helped drive Caleres to record revenue in the third quarter, but the impact of tariffs took a toll during the period and should persist into Q4, the company said Monday....
Goat, the sneaker reseller marketplace, has launched an official partnership with the Brooklyn Nets for the 2019-20 season that will include Goat-branded arrival paths for home and away teams, content, signage and more. The Brooklyn Nets are the first NBA team Goat has entered into...
Toms released its 2019 impact report. The report provides a comprehensive overview of their giving, including 96.5 million lives impacted, since the brand was thirteen years ago...
Foot Locker, Inc. reported earnings topped Wall Street’s consensus estimate in the third quarter as same-store sales ran up 5.7 percent....
Boosted by strong traffic, TJX Cos. reported third-quarter results handily beat expectations, prompting the off-pricer to raise guidance for the year. TJX officials also indicated they’ve been able to mitigate tariff-hits so far with vendors bringing in product earlier but remained highly uncertain about the...
Eyecandylab , which specializes in creating interactive video-triggered augmented reality experiences, has developed a concept with Adidas that brings storytelling and immersive experience within a physical store to a new level....
Channel Signal’s Runner-to-Runner Report reveals the top issues facing buyers of running footwear included shoelaces, out-of-the-box comfort and the ability to add a custom orthotic....
New Balance has signed San Antonio Spurs guard Dejounte Murray to an endorsement deal with New Balance. Murray joins Kawhi Leonard of the Los Angeles Clippers and Oklahoma City Thunder rookie Darius Bazley....
The outdoor industry has been hit hard by a tax “avalanche” as new tariff data from Outdoor Industry Association (OIA) indicates that American outdoor businesses have paid an additional $2.6 billion in punitive tariffs over last year, as the trade war with China rages on...