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Caleres is closing out the year with a big buy. The St. Louis-based firm announced today that it has acquired U.S.-based men’s shoe brand Allen Edmonds from private equity firm Brentwood Associates for $255 million....

Nike unveiled a new initiative called Breaking2, which will see the company attempt to break a two-hour marathon time. The current men’s world record time is 2:02:57. To help achieve a sub two-hour marathon, Nike is working with a diverse team of leaders across several...