FDRA

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...

Asics reported operating income slumped 46.3 percent in 2018 on a 3.4 percent decline in sales. Results were impacted by a sharp decline in sales in the Americas region. Revenues reached ¥386,7 billion, down from ¥400,.2 billion a year ago, according to a statement....