FDRA

Launches March 1 … Loved By Brooks Ambassador Athlete and First Woman To Win The Boston Marathon, Des Linden The Glycerin 17 has been in the Top Five at Speciality Retail for the past Three Consecutive Years and on BrooksRunning.com last year. The Glycerin was up 22-percent year-over-year...

Crocs Inc. reported a steep loss in the fourth quarter due to a charge related to its buy back of some of the preferred shares held by Blackstone Group LP. The loss before charges came in better than Wall Street’s consensus target as sales grew...

Rack Room Shoes announced Melanie Ortlieb has succeeded industry veteran Dan Crawford as director of merchandising. Crawford is retiring after two decades of service with Rack Room Shoes, and this hire ensures a seamless transition for the brand’s merchandising activities. In her new position, Ortlieb will collaborate...

Gap Inc. announced plans to create two independent publicly traded companies: Old Navy and a yet-to-be-named company which will consist of the iconic Gap brand, Athleta, Banana Republic, Intermix and Hill City. Gap Inc. expects to effect the separation through a spin-off that is intended to...

Asics North America appointed Kevin McHale as its new director of run specialty sales. In this role, McHale will manage the run specialty business and drive strategic brand initiatives with the key accounts across the channel....

Payless ShoeSource is preparing for a second trip to bankruptcy court after emerging from proceedings last year, A CNBC report said if Payless cannot find buyers for its real estate, it may need to close the majority or all of its locations in North...