13 Aug Footwear Shares Hit By China Yuan Devaluation
For the second day in a row, China has cut its yuan rate, and global markets were quick to react negatively....
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13 Aug City Sports Partners with Soles4Souls in Shoe Drive
City Sports, a 26-store specialty retail chain, is launching a campaign with Soles4Souls to collect thousands of shoes from its customers to help fight poverty and support those in need....
13 Aug Macy’s Forms Joint Venture to Explore Chinese Retailing
Macy’s, Inc. has formed a free-standing joint venture with Hong Kong-based Fung Retailing Limited that will begin selling in China in late 2015 through an e-commerce presence on Alibaba Group’s Tmall Global....
13 Aug Bebe Stores Enters ”Athleisure” Market with Macy’s Footwear Rollout
Bebe Stores, Inc. is launching a new “athleisure” footwear line at Macy's designed with exclusive licensing partner ZiGi New York, LLC. The footwear line will debut under the "bebe Sport" label in Macy's stores nationwide and will also be available at www.macys.com beginning in August....
12 Aug Target Inks Deal With Aldo For A+ Shoe Brand
Aldo Product Services, a division of Montreal-based Aldo Group, has signed on to create a new men’s and women’s shoe and handbag collection for Target. The brand, called A+, is inspired by the core Aldo merchandise and will launch this month in all Target doors...
12 Aug Global Brands’ Pruning Trims First Half Sales
Global Brands Group Holding Limited, which owns long-term rights to the Sypder snow sports brand, reported sales declined 5 percent to $1.28 billion for the six months ended June 30 largely due to pruning of under performing brands and continued weakness in Europe related...
12 Aug Skechers to Shift to Direct Distribution in Latin America
Skechers USA Inc. is transitioning to a direct distribution model in Latin America from a third-party distributor. Its new wholly-owned subsidiary, Skechers Latin America LLC will oversee more than 30 countries in the region, including the four key markets of Panama, Peru, Colombia and Costa...
12 Aug Kids Foot Locker Foundation Renews Support of Boys & Girls Clubs
Kids Foot Locker Foundation and Boys & Girls Clubs of America (BGCA) are renewing their national partnership, which challenges Club kids and teens around the country to GO BIG by leading healthy and active lifestyles....
11 Aug Havaianas Expands Footprint at Disney Resorts
Havaianas announced a new strategic alliance with the Walt Disney World Resort, Disneyland Resort and Disney Vacation Club that will make its flip-flops available for sale at 22 stores....
11 Aug Under Armour Inks NBA Combine Deal
Under Armour and the National Basketball Association (NBA) announced a multi-year global partnership that makes Under Armour the title partner of the NBA Draft Combine and presenting partner of the Jr. NBA, the league's youth basketball program....
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