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The University of Texas' Board of Regents approved a new contract between the school and Nike covering 15 years worth $250 million, according to multiple reports. The deal also includes a signature line of apparel featuring former Longhorns basketball player Kevin Durant....

Genesco Inc. announced that its Canadian subsidiary has entered into an agreement with the Aldo Group Inc. to acquire the 37-store Little Burgundy retail footwear chain in Canada. Based in Montreal, Little Burgundy serves a fashion-oriented 18- to 34-year-old clientele ranging from students to young...

Altra Footwear has signed on as the exclusive footwear sponsor of the Western States 100-Mile Endurance Run, the the world’s oldest 100-mile trail run held each June in Squaw Valley, CA. Altra is also the sponsor of the Altra 6K Uphill Challenge, beginning at the...

Sole will follow REI’s lead to #optoutside this Black Friday. The orthopedic footwear company will give its employees paid time off to adventure outdoors as a team. They encourage everyone to join this movement. REI announced earlier this week that it will close its doors...