Consumer-reported retail sales of sporting goods equipment, athletic footwear and athletic apparel increased 2 percent in 2014, according to the 2015 edition of the NSGA Sporting Goods Market report, which was released by the National Sporting Goods Association....
K-Swiss Global Brands (KSGB), also known as K-Swiss Inc., a division of E.Land Group, announced its acquisition of One-Distribution, a leading skate-inspired apparel and footwear manufacturer and parent company of KR3W Denim Co. (KR3W) and Supra Footwear (Supra). ...
''Our first quarter performance was a solid start to the spring season," said President and CEO Mike MacDonald. "Athletic footwear provided the strongest sales increase, but all major categories posted solid growth. Healthy regular priced sales and lower clearance inventory than last year drove...
"We're excited to have Geoff join our executive team as we continue to grow and evolve the business," said Roger Hardy, CEO of Shoes.com. "In addition to working on the brand, Geoff will play an integral position in rolling out our omnichannel plans."...
“We experienced early headwinds in the quarter, with February posting a negative high-single-digit comp due to impacts from weather-related closures, port delays and a shift in the timing of tax refunds," said the Hibbett Sports President and Chief Executive Officer Jeff Rosenthal. "We were pleased...
Tonight the U.S. Senate passed the Bipartisan Congressional Trade Priorities and Accountability Act (TPA-2015) by a vote of 62 to 37. The House of Representatives will now consider the TPA-2015 bill along with several other trade measures passed by the Senate. FDRA sent a letter...
Foot Locker, Inc.'s board of directors has elected Nicholas DiPaolo, previously its Lead Director, to the position of non-executive Chairman of the Board, effective today May 20, 2015. He succeeds Ken C. Hicks who, as previously announced, retired from the Company and the Board...
Cliff Sifford, President and CEO, stated, “We are pleased with our comparable store sales growth and our ability to deliver strong first quarter earnings. While the quarter started off very challenging due to adverse weather, with over 400 days of store closures, the consumer responded...
The AGOA plays a vital role in the development and support of a competitive U.S.-African textile, apparel and footwear trade partnership, according to a statement released by seven trade groups, including the Footwear Distributors and Retailers of America....
Nike Inc. announced its intention to accelerate investment in advanced footwear manufacturing in the United States, if a Trans-Pacific Partnership (TPA) is passed and finalized. In a statement put out Friday, hours before President Barack Obama is to speak at the company’s Beaverton, OR headquarters,...