03 Jan Sears Chairman Edward Lampert Makes Last-Minute Bid To Avert Liquidation
Sears won a reprieve from liquidating after its chairman, Eddie Lampert, submitted a $4.4 billion bid in an effort to purchase the retailer....
FDRA
03 Jan Columbia Announces Closing in Buyout of China JV With Swire Resources
Columbia Sportswear Co. on Wednesday announced that effective January 2, 2019, it has closed its buyout of the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Co., the joint venture in China with Swire Resources Ltd., a subsidiary of Swire Pacific Ltd....
03 Jan Vans Custom Culture Competition Champions Youth Creativity For A Decade
Vans Custom Culture was created to provide high school students a platform to showcase their creative abilities, while providing access to underfunded art programs....
03 Jan Foot Locker Makes Strategic Investment In Super Heroic
“We are excited to partner with Super Heroic, a company that shares our deep commitment to empowering children through innovative athletic products,” states Richard Johnson, Foot Locker’s Chairman and CEO. ...
21 Dec Decathlon Named Official Partner Of 2019 Represent Running Race Series
Decathlon will be the title sponsor of the ambassador team, the Decathlon Represent Running Team, and will be the exclusive retail partner for shoe and apparel for the 2019 race series. In each event, Decathlon will have a large physical presence at all races, start...
21 Dec IOC Launches First Olympic Store For Chinese Fans With Alibaba
The International Olympic Committee (IOC) and Worldwide TOP Partner Alibaba Group announced the launch of the first-ever Olympic store on Tmall, China’s largest B2C marketplace for brands and retailers....
21 Dec Cherokee Global Brands Narrows Guidance On Revenue Decrease
Cherokee Global Brands on Thursday narrowed its guidance for the fiscal year 2019 after reporting third-quarter revenues declined 25 percent as the company continues to transition from its DTR licenses to new wholesale licensing partners in the United States....
21 Dec Caleres Authorizes Stock Repurchase Program
Caleress’ board of directors authorized a stock repurchase program of up to 2.5 million shares, displaying the confidence the company has in its business and long-term prospects, as well as honoring its commitment to return value to shareholders....
21 Dec Shoe Carnival Announces New $50 Million Share Repurchase Program
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, 2019. ...
21 Dec Nike Smashes Expectations In Q2
Nike Inc. reported earnings rose 10.4 percent in the second quarter ended November 30 on a 9.6 percent revenue gain. Earnings and revenues both topped Wall Street’s targets as margins improved and strong sales were seen in North America and China....
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