Talkoot, a cloud-based content production platform that works with Adidas, Mountain Hardwear, Dr. Martens and other active lifestyle brands, announced that it has closed a $1.65 million seed round of finance to accelerate sales and marketing and drive product development....
Nike Inc. reported quarterly earnings that slightly topped analysts’ expectations and sales that were in-line. The 7-percent revenue growth was driven by broad-based strength across all geographies as well as Nike Direct, led by digital....
“We’re pleased to welcome Veronica to VF’s Board of Directors,” said Steve Rendle, VF’s chairman, president and chief executive officer. “Her extensive experience in technology, artificial intelligence and machine learning, coupled with her deep knowledge of the Chinese consumer...
The deal came a month after JD Sports took an initial 8 percent stake in the retailer, also based in the U.K. JD Sports has offered 82.5 pence in cash for each share in the footwear and hoodie chain it doesn’t own....
L.L. Bean reported sales reached $1.6 billion in 2018, a 1 percent gain over 2017. Based on those results, the company’s directors approved a 5 percent annual pay bonus to about 5,400 year-round employees and an additional 2 percent enhancement to their 401(k) contributions....
Under Armour, Inc. announced the appointment of Kasey Jarvis as its new chief design officer. With nearly 20 years of experience in apparel, footwear, equipment, industrial and automotive design, Jarvis will report directly to Chief Product Officer Kevin Eskridge and is expected to start in...
DSW Inc. presented the company’s three-year strategic priorities designed to leverage its business model to unlock value and deliver 2021 adjusted earnings per share in the range of $2.65 to $2.75. The company also unveiled its new corporate name – Designer Brands Inc. – which...
Famous Footwear launched Famously YOU Rewards, a new loyalty program that promises to increase engagement and deliver a higher level of personalization....
Following a successful year in which the brand reported a 26-percent year-over-year increase in global revenue, Brooks Running Company has promoted Dan Sheridan to a newly configured role of EVP and chief operating officer....
“Tillys finished fiscal 2018 with its strongest single-quarter comp sales result since the third quarter of fiscal 2011, and its best consecutive three-quarter run of comp sales results since becoming a public company in 2012,” commented Ed Thomas, President and Chief Executive Officer...