12 May Kohl’s Q1 Comps Slide 2.7 Percent
Kohl’s Corp. reported sales in the first quarter fell 3.2 percent to $3.84 billion. Same-store sales were down 2.7 percent on top of a 3.9 percent decline a year ago....
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12 May Nordstrom Q1 In Line with Expectations
Nordstrom Inc. reported first quarter earnings in-line with company expectations. Earnings rose 37 percent while same-store sales dipped 0.8 percent....
12 May Adidas CEO: We’re Not Selling Reebok
“We are not going to sell Reebok because we are still very confident of the strategic position of the brand,” Adidas CEO Kasper Rorsted said at the company’s meeting...
10 May Skechers Sponsors Triple Crown Jockey At The Kentucky Derby
Skechers USA Inc. signed on to sponsor the 2015 Triple Crown-winning jockey, Victor Espinoza, as he begins a new run for the series at the 143rd running of the Kentucky Derby this Saturday....
10 May Keen Unveils New Website
“The products Keen makes are all about versatility and quality,” said John Evons, vice president of global digital commerce at Fuerst Group Inc., parent company of Keen. ...
10 May Lonzo Ball Launches Signature Shoe Independently
Lonzo Ball, expected to be a top-three pick in the upcoming NBA draft, has independently come out with his own shoe, the ZO2 by Lonzo Ball. His signature model costs $495 a pair....
10 May Greats, The Sneaker Start-Up, Secures More Funding
Greats, the Brooklyn-based digitally native, direct-to-consumer sneaker company, announced a $10 million Series B round of financing....
10 May Coach To Acquire Kate Spade For $2.4 Billion
Coach Inc. signed a definitive agreement to acquire Kate Spade & Company. Under the terms of the transaction, Kate Spade shareholders will receive $18.50 per share in cash for a total transaction value of $2.4 billion....
10 May Nine West Holdings Retains Lazard
Nine West Holdings Inc. has retained Lazard as its investment banker to proactively evaluate a long-term capital structure solution for the company....
10 May Running USA Hires Brian Lyons As Director Of Membership
Running USA, a national non-profit trade organization for running events and businesses, is hired Brian Lyons as the organization’s director of membership. In this role, Lyons will oversee Running USA’s member management, benefits, outreach and year-round engagement....
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