Powell also reported SKECHERS had a 50 percent gain in brand share for April 2014 and secured the number nine position for the top 25 athletic shoes sold in the U.S. during the month of April. This news follows the best first quarter (2014) net...
Set to debut in late July, the new Eddie Bauer footwear collection will launch with six men’s and seven women’s styles. All styles feature ergonomic, cushioned insoles and the lightest, strongest midsoles to absorb impact. ...
Vibram, the company behind FiveFingers shoes, just settled a $3.75 million class action lawsuit over false claims that its running shoe yields health benefits, Runner's World reports. The thin-soled, flexible shoes, which cost about $100 a pair, are said to mimic the experience of running...
Overseas sales increased 37.9 percent to $2.77 bn, due to strong sales of running shoes in the Americas, Europe and the other regions and the effect of FX rates....
Big ships packed with containers are flowing into the nation’s major West Coast ports at a frenetic pace as negotiators prepare to begin talks on a new union contract for 13,600 dockworkers. Some officials say the rush to get cargo into West Coast seaports is...
The late Easter helped push April sales trend up into the mid-single digits, although results were dampened by the severe weather in the South and Mid-west late in the month. Sales of Sport Footwear for April 2014 grew in the mid singles in dollars...
Kering said its Sports & Llfestyle segment, which includes Puma, Volcom, Electric, Tretorn and Cobra Golf, had sales of €790 million ($1.1 bn) in the first quarter, down 6.3 percent. Currency-neutral sales were off 0.2 percent....
A naval confrontation between China and Vietnam over Chinese attempts to anchor a giant oil rig in disputed waters is by far the most serious episode in recent years between the two historically entwined neighbors....
Nike, Inc. released its FY12-13 Sustainable Business Performance Summary, providing an update on performance against current business, labor and environmental goals as the company works toward its goal of decoupling profitable growth from constrained resources....
The Obama administration issued a veto threat against a House bill (HR 4438) scheduled for a floor vote on Wednesday that would make permanent the research and development tax credit, even as the White House said it supported the idea of embedding the credit in...