The Adidas Group entered into a definitive agreement to sell its Rockport business to a new entity formed by Berkshire Partners and New Balance for a total consideration of $280 million, most of which will be paid in cash with the remainder comprised of notes....
Skechers USA, Inc. is transitioning its business in Central Eastern Europe (CEE) from third-party distributors to a new wholly-owned subsidiary, Skechers CEE, Kft. Skechers plans to double its CEE sales in the next three to five years through an expanded offering of men’s, women’s...
Under Armour announced a comprehensive, 10-year partnership extension with professional golfer Jordan Spieth. Spieth, who joined the Under Armour family in 2013 upon turning professional at the age of 19....
Deckers Brands, which owns the Ugg, Teva, Sanuk, Ahnu and Hoka One One brands, has appointed David E. Lafitte chief operating officer (COO), effective Feb. 2. Lafitte previously served as the company's general counsel and replaces Zohar Ziv, who retired from the company on Jan....
Brooks Running posted a 15 percent increase in revenue growth year-over-year in 2014, reaching a half a billion dollars in annual sales. ...
The footwear industry is committed to telling its story and how TPA and TPP will help create and strengthen footwear design, marketing, logistics and retail jobs across America. The industry and our consumers paid over $2.7 billion in footwear duties in 2014, more than...
The University of Michigan preliminary consumer sentiment index for January rose to an 11-year high of 98.2, helped by a strengthening job market and lower fuel costs....
Keen appointed Claire Juttelstad as director of manufacturing for its Portland, Oregon factory. No stranger to managing high-level manufacturing operations, Claire will oversee all stateside production and champion Keen’s ‘Assembled with Pride in Portland, Oregon’ passion....
In a letter sent to the leaders of the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), the Sports & Fitness Industry Association (SFIA) along with other allied organizations are encouraging the ILWU and PMA to resolve their contract negotiations immediately....
Puma announced an extension of its partnership, which began in 2005, with the Ghana Football Association (GFA). Effective immediately, the new contract sees Puma continue as the technical supplier and official partner to the GFA for a further long term, during which Puma...