06 Oct Nike Chairman Phil Knight to Pen Memoir
Phil Knight, the co-founder and chairman of Nike, Inc., has written a memoir. Simon & Schuster Inc. told the Associated Press the book, currently untitled, is scheduled for Spring 2016....
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06 Oct Nike Donates $200,000 to Special Olympics Oregon
Nike presented a check for $200,000 to Special Olympics Oregon, which has served over 4,000 participants since 2007. The donation will support Unified Sports, a program that provides extracurricular sports opportunities for children, youth and adults in over 30 Oregon communities. ...
06 Oct ShopKeep Survey Outlines Small Merchants’ Concerns
Mom and pop retailers' top concerns headed into the 2015 holiday shopping season are competing with other small merchants, changing EMV requirements as well as the overall state of the economy and how it will impact business during Q4 and into 2016, according to the...
05 Oct A More Positive Consumer Outlook Will Boost 2015 Holiday Season, Reports NPD
Online, social, and mobile activity will play a bigger role in pre-shopping research. Consumers have a more positive outlook going into this holiday season, according to the 2015 Holiday Purchase Intentions Survey from global information company The NPD Group....
05 Oct Air Jordan 1 Retro Low OG Varsity Royal Arrives Wednesday
The first signature shoe for NBA icon Michael Jordan — the Air Jordan 1 — will once again get the retro treatment as a low version of the shoe is set to hit stores next week. The Air Jordan 1 Retro Low OG Varsity Royal has...
05 Oct Newton Running Appoints Joe O’Neil as New CEO
Newton Running has appointed footwear industry veteran Joe O’Neil as its new CEO. O’Neil, who replaces Newton co-founder Jerry Lee as CEO, will lead operations, product development, sales, marketing, merchandising and finance. Lee will remain as the company’s chairman, but he will shift his focus...
05 Oct Shoes For Crews Sold to PE Firm
Shoes For Crews, a leader in slip-resistant footwear, has entered into a definitive agreement to be acquired by CCMP Capital Advisors LLC. The company’s founders, the Smith family, will rollover a portion of their equity as part of the transaction....
05 Oct Foot Locker and Asics Announce Film Contest Finalists
Foot Locker, Inc. and Asics America Corporation revealed the top five contenders in their "Real Lives. Real Runners." campaign, which launched in June and invited aspiring filmmakers to create short films ahead of the 2015 TCS New York City Marathon....
05 Oct Trans-Pacific Partnership (TPP) Deal Reached
Trade ministers from the 12 nations negotiating the Trans-Pacific Partnership (TPP) are expected to announce this morning that they have successfully completed the negotiations of this historic deal. For well over five years, the Footwear Distributors and Retailers of America (FDRA) have been working...
05 Oct Finish Line Launches New Brand Position
The Finish Line, Inc. announced the introduction of a new brand position – ‘EPIC FINISH’ – designed to drive consumer awareness and preference for Finish Line as the destination for the latest and greatest sneakers....
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