Going forward, management remains optimistic about its performance for fiscal 2014, given its impressive first-quarter results. The company believes that its international spread, strong bonding with consumers, focus on product innovations and most importantly, its solid brand portfolio will keep it well positioned and boost...
Over the past year, Dedeaux has amassed a collection of a dozen or so flat-heeled shoes. Her favorite is a Sperry leopard-print loafer with tassels. "They have been an adjustment, but I've been really surprised that there are so many cute flats out there. I'm...
DeRodes will begin work at the Minneapolis-based retailer next week. He succeeds Beth Jacob, a Target veteran who resigned in early March, little more than two months after the company revealed its point-of-sale system had been breached by cyberthieves who gained access to the financial...
A poll on the Miami Herald's website asking readers if the new tax will alter their shopping habits, 211, or 67 percent of 313 readers said 'yes;' 102, or 33 percent, said 'no.'...
Based on the first quarter results and outlook for the remainder of the year, Wolverine reaffirmed its full-year revenue forecast in the range of $2.775 billion to $2.85 billion, which projects revenue growth of 3 percent to 5 percent and adjusted earnings forecast in the...
“Our mission is to create a socially minded and responsible brand by providing employment and a sense of purpose for the displaced women of Uganda, and through the support of education for their children,” explained ACI’s President, Craig Hardy. To date, more than...
"I am grateful that the Department of Defense has recognized the importance of providing the Armed Services with athletic footwear made in the United States," said Blake Krueger, Wolverine Worldwide Chairman and Chief Executive Officer. "Our Saucony, Merrell and Bates brands have partnered together...
With 2 billion worldwide customers up for the taking Nike, Adidas and, to a lesser extent, Puma are waging a pre-tournament marketing battle for soccer supremacy. The World Cup has become an opportunity every four years for the brands to seek significant movement in their...
Shoes, handbags and other popular items on Pinterest are being prominently displayed in Nordstrom stores with special tags. Target, the nation's No. 2 discounter, is creating exclusive party-planning collections with top Pinterest users, or "pinners." And Caribou created a coffee blend that was inspired by...
Adidas AG is moving some production away from Yue Yuen Industrial Holdings Ltd.’s shoe factory in Dongguan, China, where a strike over benefits and pay disrupted output for a ninth day....