25 Mar New men’s footwear trends
Men have discovered what the ladies have known all along. Now, more than ever, it's all about your shoes...
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22 Mar Nike Profit Rises
Nike beat expectations, and its shares rose 8 percent in after-hours trading. Nike brand revenue rose 10 percent excluding currency fluctuations, growing everywhere but China and Japan. Growth from other brands, including Converse, Nike Gold and Hurley rose 9 percent....
21 Mar Fed likely to hold steady on stimulus, intrest rates
Federal Reserve officials are expected to continue pumping money into the economy and keep interest rates near zero as they wrap up their regular policy-making meeting Wednesday amid fresh signs that their massive stimulus effort is gaining traction....
19 Mar Restructuring drives Brown Shoe’s profits
Paring its retail stores and reworking its brand portfolio paid off for Brown Shoe Co. last year, with the Clayton-based company reporting improved profitability and revenue gains. The footwear retailer reported Friday that profit rose 12 percent to $27.5 million, or 64 cents a share,...
18 Mar US footwear brand Skechers to launch ‘Made in India’ range
American footwear brand Skechers plans to introduce lower price points (below Rs 3,000) once it starts manufacturing in India. The brand has recently availed of the provisions for single brand retail to set up a joint venture in the country....
14 Mar Why the Pope Wears Red Shoes
by Massimo Gatto Romans knew that the timetable for the papal conclave would be a quick one when the three sets of vestments prepared for the new pontiff—in small, medium, and large sizes—had already disappeared from the display window of Gammarelli, the ecclesiastical tailors, on Friday,...
14 Mar News Analysis: Balanced Budget Fight Is Philosophical and Fiscal
Republicans accused the White House of “never” balancing the budget, and Mr. Ryan argued that ending deficits would foster a healthier and faster-growing economy. Show us how to balance the budget,” Mr....
14 Mar House Ways and Means Chairman Dave Camp pitches simpler, stabler tax system for small businesses
House Ways and Means Chairman Dave Camp (R-Mich.) on Tuesday released a draft of the committee’s latest tax reform legislation, which includes various proposals to simplify tax rules that affect millions of small business owners and their employees. The legislation would, for instance, create one...
13 Mar U.S. Retail Sales Jump
Retail sales in the United States rose more than expected in February, suggesting that consumer spending this quarter will hold up despite higher taxes....
12 Mar Despite sequestration, U.S. cargo volume to increase 2.3% in March
Cargo volume at the nation's ports is expected increase in March, despite port slowdowns as a result of automatic federal budget cuts, according to a retail group. A monthly Global Port Tracker released Monday by the National Retail Federation predicted that March cargo volume...
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