01 Nov Asics Acquires Race Roster
Asics Corporation announces the acquisition of Race Roster, a leading race registration platform for running events. Race Roster will join Asics Digital’s portfolio of consumer-focused running platforms. ...
FDRA
01 Nov Crocs Announces Secondary Offering
Crocs Inc. announced that certain selling stockholders affiliated with The Blackstone Group Inc. have commenced a secondary offering of 6.86 million shares of Crocs common stock....
01 Nov Genesco Names Chief Accounting Officer
Genesco Inc. announced the appointment of Brent Baxter as the company’s new vice president, chief accounting officer, succeeding Paul Williams, who recently announced his retirement after 42 years with the company....
25 Oct Barneys Agrees To Sell To Authentic Brands-Led Group
Barneys, the luxury chain that filed for bankruptcy in August, reached an agreement to sell its assets to Authentic Brands Group (ABG) and investment bank B. Riley Financial for $271.4 million in cash....
25 Oct Adidas’ Eric Liedtke To Exit At Year End
To ensure his successor can already be fully integrated into developing the Adidas strategy beyond 2020, the Supervisory Board has, in mutual agreement with Liedtke, approved the termination of his appointment as an Executive Board member effective December 31, 2019....
25 Oct Saks-Owner To Go Private
Hudson’s Bay Company, which owns Saks Fifth Avenue, said its board of directors has accepted a revised offer from a group of majority shareholders led by executive chairman Richard Baker, bringing the retailer a step closer to going private....
25 Oct Under Armour Founder Kevin Plank Steps Aside As CEO
Kevin Plank, the founder and CEO of Under Armour Inc., is stepping down as CEO. Patrik Frisk, the company’s chief operating officer, will take over as CEO at the end of the year. Plank, having served as Chairman and CEO since he founded the company...
25 Oct Voxel8 Announcing Series B Investment Round
Voxel8, a start-up bringing 3-D printing to footwear and athletic apparel, announces a Series B funding led by DSM Venturing, the venture investment arm of DSM. The round also includes participation from HP Tech Ventures and existing investors Braemar Energy Ventures and ARCH Venture Partners. The...
25 Oct Nike’s CEO Mark Parker To Step Down In January 2020, John Donahoe To Succeed
At the same time, Mark Parker, CEO since 2006 and chairman, president and CEO since 2016, will become executive chairman and continue to lead the board of directors and work closely with Donahoe and the senior management team....
25 Oct Skechers Achieves Record Net Sales In Third Quarter
“Skechers is firing on all cylinders. Our global marketing efforts are creating awareness and generating demand. Our product is innovative, relevant and comfortable. Importantly, we achieved a new sales record of $1.354 billion in the third quarter,” stated Robert Greenberg, chief executive officer of Skechers...
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