FDRA

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....

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....

In anticipation of the UN Climate Change Conference in Katowice, Poland, Puma played an active role in developing the Fashion Industry Charter for Climate Action by leading working groups and encouraging industry peers and partner vendors to join the initiative....