JCPenney said that it exceeded its EBITDA expectations for the first quarter and that it continues to expect to achieve full year EBITDA guidance of $1 billion. JCPenney will report its results for the first quarter this Friday, May 13. The retailer updated its guidance...
Amazon.com has agreed to lease another 20 Boeing 727 jets to provide air cargo services to support its (AMZN) package deliveries to its customers in a deal that will effectively double the size of its fleet....
Speaking at a Texprocess Americas panel Wednesday, Shannon Moulden, a technical designer for women’s at Under Armour, said 3-D has helped the company in three major ways: by reducing the number of redesigns, cutting the risk of missed deadlines and dropped styles, and greatly improving...
Under Armour boss Kevin Plank, 43, could effortlessly rattle off the average weight (192 pounds), night’s sleep (six hours, 38 minutes) and run distance (4.2 miles) of men his age — and not just for personal reasons....
In the direct-to-consumer world, the Greats Brand has found better fortune than many of its start-up peers. The Brooklyn, N.Y.-based e-commerce brand has managed to find its niche in the highly competitive sneaker world by producing high-quality, low-cost footwear that appeals to a wide social...
The program, which is a vital part of the Foot Locker Foundation, Inc., honors twenty outstanding student-athletes who demonstrate exceptional academic ability and strong leadership skills in sports, school and within their communities with $20,000 to support their college dreams. ...
Brooks Running Company promoted Mike Billish to VP of U.S. sales, and Marc Misiewicz to director of national accounts. In his new role, Billish will oversee the leadership team that manages footwear, apparel and accessory sales throughout the country. Misiewicz will now lead Brooks’ key...
Family footwear retailer Rack Room Shoes has celebrated a culture of giving back for decades. Operating under the German ownership of The Deichmann Group, one of the largest privately owned footwear retailers in the world, the company commits to year-round charitable initiatives that span local,...
Puma reported a 3.7 percent gain in first-quarter sales with growth across all segments. Net earnings improved 4.0 percent and the company retained its . Kering, the brand's parent, reported the basic details of Puma's results last week....
VF Corp' earnings slid 9.9 percent in the first quarter to $260.3 million, or 61 cents a share, but exceeded Wall Street's consensus target of 59 cents. The company retained its guidance for the year. Among its major brands on a currency-neutral basis, The North...