Net sales for the fourth quarter of 2013 were $450.7 million compared to $395.6 million in the fourth quarter of 2012. Gross profit for the fourth quarter of 2013 was $200.6 million or 44.5 percent of net sales compared to $168.5 million or 42.6 percent...
According to a new BDO USA, LLP survey, retail CFOs forecast a 5.1 percent increase in total sales and a 4.8 percent increase in comparable store sales this year, marking a significant increase from the number expressing similar sentiments last year. A majority of CFOs...
Two Ten Footwear Foundation today proudly celebrated its 75th anniversary on the steps of the Massachusetts State House with the presentation of a citation issued by Governor Deval Patrick. The citation recognizes the Foundation’s 75 years of outstanding service to America's footwear community of 250,000...
Wolverine Worldwide (NYSE: WWW) and its brands have been honored with five Plus Awards, including Company of the Year, a high-profile distinction conferred annually by retailers nationwide. The awards were announced at an event hosted by the Fashion Footwear Association of New York (FFANY) and...
The shoe was released at Nike.com via the Nike store's Twitter account and sold out in 11 minutes. Footwear analyst Matt Powell has said in the past that celebrity-designed shoes typically are released in small quantities -- less than 10,000 pairs and perhaps even half...
Sen. Ron Wyden said Thursday he remains open to consideration of a trade bill and a broad overhaul of the tax code as he prepares to succeed outgoing Finance Chairman Max Baucus after the Montana Democrat's confirmation as the new U.S. ambassador to China....
Greg Tunney, President, CEO and a member of the board of directors at the RG Barry Corporation, will continue to serve as the Chairman of FDRA. Rick Muskat, Principal of Deer Stags Concepts will take the helm as FDRA’s Vice Chairman and Ed Rosenfeld,...
Sales of Sport Footwear were flat in dollars to last year in January and down in the low singles in units. Average selling price increased in the low singles. Q4 sales had the weakest growth of any quarter in 2013. Q4 sales...
"Gordon was a passionate advocate for the footwear industry in Washington and around the world," said FDRA President Matt Priest. "Countless times Gordon was leading the charge with policy makers in positions of power to ensure the continued economic advancement of the industry and...
Shop price deflation accelerated to 1% last month from 0.8% in December according to the British Retail Consortium/Nielsen shop price index, as January sales were deeper than usual....