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....
Import cargo volume at the nation’s major retail container ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers, according...
Today, The Footwear Distributors and Retailers of America (FDRA), the footwear’s industry’s trade association, announced that tariffs on footwear have hit another all time high. In 2014, the footwear industry paid $2,671,841,761 in footwear tariffs to the U.S. government. This is a 6.6...
Skechers for the first time will launch a collection of footwear featuring characters, vehicles and designs inspired by the Star Wars universe...