Barneys has ended online sales as it shifts clearance sales to solely focus on its remaining stores. Barneys, which filed for bankruptcy in August, was acquired by Authentic Brands Group LLC and is closing most of its stores. B. Riley Financial Inc. told Business Of Fashion...
President Donald Trump said he would sign the “Phase One Trade Deal” with China at the White House on January 15. In a tweet on December 31, the president said “high-level representatives of China” will attend the signing. The President said he would travel to Beijing...
Genesco Inc. announced Wednesday it has entered into a definitive asset purchase agreement to acquire New York-based Togast LLC, which specializes in the design, sourcing and sale of licensed footwear....
EBay said its marketplace is eliminating sneaker seller fees in North America on any sneakers sold at $100 or more while unveiling the new December Drop series....
Voxel8, a multi-material digital manufacturing company transforming design and production of footwear and apparel, announced the appointment of Dr. Friedrich (Fred) von Gottberg as president and chief executive officer and to the board of directors....
Rockport Group confirmed that Javan Bunch is stepping down as president. The news was first reported by Footwear News. He joined Rockport Group in November 28 and was formerly CEO of Donald J Pliner. He reported to Gregg Ribatt, Rockport’s CEO. Rockport Group, which owns Rockport, Dunham,...
Columbia Sportswear Company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel, Accessories & Luxury Goods Sub-Industry index. Columbia Sportswear will replace Uniti Group, an internally managed real estate investment trust....
The Running Event, held December 3 to 5, 2019 in Austin, marked the 14th year with record participation, along with a strong international retailer attendance. The Running Event reported over 260 exhibitors and over 2,500 total attendees at this year’s show. “After honing in on the valuable...
Shoe Carnival, Inc. announced that its board of directors authorized a new share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2020. In addition, its board of directors approved the payment of a quarterly cash dividend of $0.085...
Goldman Sachs boosted its rating on shares of Nike Inc. to “buy” because a “deep dive” analysis shows that the brand is poised for continued sizeable growth in China and should benefit from its resilient popularity among young consumers in North America....