26 May Under Armour Signs $280 Million Deal with UCLA
Under Armour has signed a 15-year, $280-million contract with UCLA in what is believed to be the largest shoe and apparel deal in NCAA history. UCLA’s contract with Adidas expires next year....
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26 May K•Swiss Partners with Digital Learning Platform
K•Swiss has partnered with digital learning platform Skillshare to bring its program, ‘The Board’ to the public. The program is a season-long brand-building curriculum created by K•Swiss, and is free to everyone. By releasing the full six-session series—dubbed the ‘Creative Entrepreneur’s Toolkit’—on Skillshare, K•Swiss hopes...
26 May Genesco’s Q1 Handily Beats Street Targets
Genesco Inc. reported a modest gain in first-quarter earnings that came out well ahead of Wall Street's target. The upside was boosted by a "significantly better" performance at Lids Sports Group. The company reiterated its guidance for the year....
26 May Future Concepts: How the Boston-Based Sneaker Shop is Taking on The World
Imagine Dubai. Imagine miles of luxury shopping real estate, high-rise buildings that continue into the sky, all sprawling outwards into the endless heat trap of the Arabian Desert....
25 May Adidas Set For Production At New Speedfactory In Germany
On Tuesday, Adidas announced that its groundbreaking Speedfactory is ready for production to begin. The brand publicized last year its intention to build the factory, which will have the capability to turn customized shoe production into an automated process....
24 May FDRA Sourcing Summit 2016
We invite you to attend the Footwear Sourcing Intelligence Summit July 18th and 19th in New York. On the evening of July 18th, we will have a special networking reception on Wolverine Worldwide's patio deck overlooking midtown NYC. On July 19th, we will...
19 May Shoe Carnival Q1 Comps Gain 2.7 Percent
Shoe Carnival Inc. reported earnings nudged up 2.5 percent to $10.7 million, or 56 cents a share, just below Wall Street's consensus estimate of 57 cents a share....
19 May Foot Locker’s Richard Johnson Adds Chairman to Title
Foot Locker, Inc. said its board of directors elected Richard A. Johnson, its president and chief executive officer, to the additional position of chairman of the board, effective May 18, 2016. He succeeds Nicholas DiPaolo, who has served as chairman of the board for the...
19 May Target Appoints New Chief Merchant
Target Corp. hired Mark Tritton as executive vice president and chief merchandising officer. In this role, Tritton will oversee enterprise buying, product design and development, sourcing, visual merchandising strategy, and merchandising transformation and operations for the retailer....
19 May Nike Outlines New Sustainability Targets
Nike Inc. announced a new, broad set of sustainability targets for 2020 and beyond, promising to reduce its environmental impact, transform its manufacturing, and diversify its workforce during a planned period of growth....
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