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Asics has taken an unspecified stake in healthcare startup, Japan HealthCare Co., Ltd., which makes custom insoles working from photos of feet taken by smartphone. The acquisition was made through Asics Ventures, the brand’s investment subsidiary. Japan HealthCare was founded in June 2017 by Daichi Okabe who...

Burlington Stores Inc. announced that Travis Marquette has been appointed as the company’s new president and chief operating officer, overseeing and managing the company’s stores, real estate, supply chain, and information technology functions. Marquette is expected to begin working in his new position on/before October...

Nordstrom and Asos announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge, and HIIT brands. This investment will help drive the growth of these brands globally. The partnership is expected to involve extensive collaboration and alignment ro “redefine the traditional retail/wholesale...

Keen Inc. announced the opening of a company-owned factory, in the Dominican Republic—Keen Dominican Republic (KDR)— with 55,000-square-feet of manufacturing space. The factory, located in Santiago. will produce its footwear, led by the Newport H2 sandal, and capable of turning 500,000 pairs a year beginning 2021....