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....
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....
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....
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. ...
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....
A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at €4.6 billion (US$5.23 billion) and Amer’s board is recommending shareholders approve the offer. The consortium plans to operate Amer Sports independently from...
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....
Foot Locker announced the launch of its new Adidas Asterisk Collective, a platform empowering creative partners to make a difference in the world through their respective initiatives, positively impacting communities all over the world....
VF Corp. on Tuesday announced that Stefano Saccone has been appointed to the position of vice president, general manager of Vans, EMEA. Saccone will lead the brand and its business across the EMEA region beginning April 1, 2019....
Eastbay unveiled its December lookbook cover and women’s holiday campaign, featuring five top WNBA stars: Sue Bird, Elena Delle Donne, Jewell Loyd, Breanna Stuart and Diana Taurasi....