Nike Inc. reported fourth-quarter earnings rose 23.9 percent to $865 million, or 98 cents a share, handily exceeding Wall Street's consensus estimate of 83 cents a share. Nike said broad-based revenue growth, gross margin expansion and a lower tax rate more than offset increased SG&A...
Yue Yuen, which is the world's largest manufacturer of athletic shoes and one of its largest manufacturers of outdoor footwear and sandals, reported sales growth accelerated 7.3 percent to $1.97 billion in the first quarter compared to the same period last year. Net profits rose...
The Armoury at Champs Sports will serve as the premiere destination in the region for legions of Under Armour brand enthusiasts, featuring all of Under Armour's best and most innovative footwear, apparel and accessories....
VF Corporation announced that Steve Rendle has been appointed president and COO at the company and has been elected to VF’s board of directors. ...
"Last year's 'All Runners Welcome' campaign invited runners of all sizes, abilities and personalities to visit Foot Locker for a premium selection of running gear to meet their individual needs," said Stacy Cunningham, executive vice president of Marketing for Foot Locker. "This year, we're tapping...
Nike is opening The Nike Underground, a pop-up experience in downtown Vancouver, Canada dedicated solely to soccer. ...
Today, the U.S. House of Representatives passed Trade Promotion Authority (TPA) by a vote of 219 to 211. The bill will head to the President’s desk if and when the House passes Trade Adjustment Assistance (TAA) in the coming days. ...
Shoe Carnival, Inc. announced the launch of a new, complementary, small-market store concept. ...
“This partnership with Nike represents a new paradigm in the structure of our global merchandising business,” said NBA Commissioner Adam Silver. “As our exclusive oncourt apparel provider, Nike will be instrumental in our collective efforts to grow the game globally while applying the latest in...
"We applaud the House of Representatives for passing legislation to extend the African Growth & Opportunity Act (AGOA) for an unprecedented 10 years,” said Footwear Distributors and Retailers of America (FDRA) President Matt Priest. “This bipartisan legislation is critical to U.S. footwear companies currently sourcing...