24 Nov Foot Locker chairman talks about Nike price increases
Hicks said Foot Locker worked with Nike to determine pricing. A Nike spokesperson confirmed the footwear company suggests the price, but the retailer makes the final call....
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23 Nov Senator: Bangladesh still lags on labor rights
Bangladesh has yet to meet benchmarks set by the U.S. government for restoration of trade benefits suspended after a garment factory collapse that killed more than 1,100 people, an influential Democratic senator said Friday....
22 Nov Nike Increases Quarterly Dividend
The quarterly cash dividend of 24 cents per share will be payable on Jan. 6, 2014, to shareholders of record at the close of business on Dec. 16, 2013. Its previous payout was 21 cents a share. This is the twelfth year in a row...
21 Nov Saxon Shoes given Impact Award
His family’s Saxon Shoes has donated thousands of new shoes to needy school children over the years. The company’s stores in Short Pump Town Center in Henrico County and Spotsylvania Towne Centre near Fredericksburg also have collected shoes to distribute to needy adults....
21 Nov Beyonce – Solange Knowles Designs New Puma Range
The singer has been appointed an art director for the athletic sportswear brand, and she kicked off her new role by designing a colourful footwear range, titled Girls of Blaze....
21 Nov October retail sales data are better than expected
Retail sales jumped 0.4% last month, the U.S. Census Bureau said Wednesday, handily exceeding the 0.1% month-over-month increase anticipated by economists surveyed by Bloomberg. And the September performance, which caused deep concern when initially reported as a 0.1% decline, was revised up to reflect no...
21 Nov Dick’s Sporting Goods 3Q earnings flat
The company recorded sales of $1.4 billion in the three months ended Nov. 2, a 6.7 percent increase over $906 million the year earlier. Same-store sales rose 3.3 percent, compared with the flat to 1 percent rise the company had expected....
20 Nov Trend: More shoppers stocking up on gift cards
Nearly 81 percent of shoppers recently surveyed plan to buy gift cards this holiday season, according to recent data from the National Retail Federation....
19 Nov Adidas Outdoor Appoints Northeast Sales Agency
Adidas Outdoor named Pursuit Brand Equity Group as its new sales agency for New England. Led by founders Adam Casey and Jonathan Vinet, Pursuit, which has deep roots in the core outdoor market, will continue to focus on specialty retailers in the North East....
17 Nov NFL, Nike fight to keep counterfeit products off the market
Nike, the league's official uniform supplier, and the NFL are partners in a legal strategy focused on shutting down as many websites as possible while working with local and federal law enforcement authorities to stem the flow of bogus NFL products entering the country, mostly...
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