Foot Locker, Inc. reported net income for the company's second quarter ended Aug. 2 jumped 43 percent to $92 million, or 63 cents per share, compared with net income of $66 million, or 44 cents, last year. Second quarter comparable store sales increased 7.0 percent....
Under Armour may be close to landing NBA superstar Kevin Durant as a pitch man -- a sponsorship deal that could be one of the largest-ever signed and give the Baltimore company major inroads into the lucrative basketball marketplace....
Financial terms of the private transaction were not disclosed although sources told the New York Times that Bain's purchase of 50 percent of the company valued Toms at about $625 million, including debt. The deal had largely attracted private equity but some strategic players as...
Penske Media Corporation, the parent of Variety, has acquired the U.S.-based trade publishing assets of Conde Nast’s Fairchild Fashion Media unit, the parent company of business-to-business brands Women’s Wear Daily, Footwear News, Beauty Inc, M and the Fairchild Summits....
MapMyFitness has partnered with Zappos.com to offer a Gear Tracker to its mobile apps that tracks usage and reminds users when it’s time to replace their gear....
Murray will replace David Suddens, who has been chief executive of Dr Martens for 12 years and is to become non-executive chairman of the company. The changes follow Dr. Martens' acquisition by private equity group Permira for £300million in January....
Of those who are shopping for back-to-school, more and more are gravitating toward shopping online. Traditional channels can expect the online channel to continue to grow and absorb their shoppers, with nearly 40 percent of younger Millennial shoppers reporting they will shop online for their...
The campaign is designed to connect with consumers on emotional levels that transcend any product, with the goal of further strengthening Ugg as a global, premium lifestyle brand, year round. The campaign explores the theme that life’s biggest moments are actually the small ones –...
This month, Target Corp. began inching back its closing time by an hour or two at about half of its U.S. stores. So now, roughly 300 stores are staying open until midnight on certain days, marking the retailer's latest hours ever outside of the holiday...
Staffordshire-based Gorilla Safety Footwear has launched an initiative to help prevent most types of common foot injuries sustained in engineering, mining, construction and civil engineering working environments by providing a comprehensive range of safety footwear that exceeds European safety standards....