Francois-Henri Pinault, the CEO of Puma's parent Kering, ruled out a sale of Puma in an interview with Bloomberg Television. Bloomberg reported last year that Kering was exploring a sale of Puma, which has struggled in recent years and is launching a turnaround that includes...
Sanuk, a division of Deckers Brands, opened as new retail store in the heart of Downtown Disney at Walt Disney World Resort. "We're thrilled to open our fifth Sanuk store – and as our brand name comes from a word that means 'fun,' I...
Gold Toe this fall will officially step into the footwear business by debuting its first branded line of slippers for men and women. The Gold Toe line of slippers, Gold Toe footwear, is being launched by The RFA Group, which inked a deal with the...
Wolverine Worldwide (WWW) reported revenue increased 9.2 percent to a record $808.9 million in the fourth quarter ended Jan. 3, 2015. Adjusted earnings, which exclude restructuring, acquisition-related integration and debt extinguishment costs, grew 36.4 percent to $0.30. ...
President Obama has ordered Secretary of Labor Thomas Perez to San Francisco to resolve the ongoing labor dispute at West Coast ports between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), according to Outdoor Industry Association. ...
Simple, the iconic lifestyle sneaker brand launched in 1991, has relaunched for 2015. The brand, formerly owned by Deckers Brands, is being launched through a partnership with Denis Ryan, managing partner in ICB, Int’l and Harbor Footwear Group, Ltd....
Nike, Inc. announced that Donald W. Blair, executive vice president and chief financial officer, will retire from Nike in October 2015. As part of a planned transition, Blair will remain in the CFO role through July 31, and will remain with the company through Oct....
Nike has introduced the SNKRS app, described as "a one-stop sneaker shop that grants mobile access to the most premium Nike sneakers." It offers the full catalog of men's and women's shoes, including popular franchises like Air Force 1, Air Max, Foamposite and Jordan, as...
House Judiciary Committee Chairman Robert Goodlatte (R-VA), along with a group of Republican and Democrats, introduced the bipartisan Innovation Act (H.R. 9). This bill was introduced to address the ever increasing problem of abusive patent litigation. Many in the footwear industry know patent...
Container cargo lines and terminal operators suspended premium-pay weekend and holiday vessel operations at 29 West Coast ports from Thursday through Monday to avoid paying overtime wages to unionized workers they say are deliberately slowing down their work to gain leverage in contract talks....