27 Apr Nike Recommends Shareholders Reject “Mini-Tender” Offer
Nike Inc. is recommending that shareholders reject an unsolicited offer made by TRC Capital Corporation, a private Canadian investment company, to purchase up to 2...
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27 Apr Adidas Raises 2016 Guidance Again
Adidas Group raised its guidance for 2016 for the second time in three months on a leap in first-quarter earnings. Adidas said it now expects...
27 Apr Steve Madden Shows Modest Q1 Sales Gain
Steve Madden reported first-quarter sales increased 1.7 percent to $329.4 million compared to $323.9 million in the same period of 2015. Gross margin expanded 90...
27 Apr Vans Launches Voting for Custom Culture Competition
Vans launched online voting for the seventh annual Vans Custom Culture competition, a national contest designed to give high school students a platform to embrace...
26 Apr Adidas to Remove Plastic Shopping Bags from Stores
The Adidas Group plans to remove plastic shopping bags from its own retail stores globally. The switch to paper bags will be implemented immediately, with...
25 Apr Skechers’ Q1 Beats Street Estimates
Skechers USA Inc. reported earnings jumped 74.1 percent in the first quarter to $97.6 million, or 63 cents a share, exceeding Wall Street's consensus estimate...
22 Apr Puma’s Sales Climb 3 Percent in Q1
Puma’s sales rose 3. 1 percent in the first quarter, to €855.9 million from €825 million and advanced 8.1 percent on a currency-neutral basis, according...
22 Apr Nike Inc. Reorganizes Management
Nike, Inc. (NYSE:NKE) issued forward-looking statements regarding new management and organizational changes to drive continued growth, where Michael Spillane, VP and GM of Footwear, will...
21 Apr FDRA made the following statement on the introduction of the American Manufacturing Competitiveness Act of 2016:
“We are excited that today a bipartisan group led by House Ways & Means Chairman Brady and Ranking Member Levin introduced legislation that would establish...
21 Apr Zappos to Offset All Carbon Emissions from Corporate Air Travel in 2016
Zappos announced its commitment to the largest carbon offsetting program in the company’s history. Zappos’ corporate travel program will mitigate more than 6.8 million miles...
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