10 Jan Nike And Flex To End Partnership
Nike and Flex, a contract manufacturer, have agreed to wind down its footwear manufacturing operations in Guadalajara by the end of the year....
Latest News
10 Jan Macy’s Cuts Guidance On Weak Holiday Sales
Macy’s slashed its outlook for profit, sales and gross margin, citing a weakening in sales in late-December....
10 Jan Kohl’s Lifts Lower End Of Guidance On Comps Increase
“We are delighted with our 1.2 percent shifted comparable sales increase for the Holiday period, which builds on the positive momentum we have achieved throughout...
03 Jan Amazon Sees Record Holiday Sales
Amazon announced a “record-breaking holiday season” with athleisure cited as a “top trend” and Nike, Adidas, Carhartt and Champion landing on its top-sellers...
03 Jan Sears To Close 80 More Sears And Kmart Doors By March
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019....
03 Jan Sears Chairman Edward Lampert Makes Last-Minute Bid To Avert Liquidation
Sears won a reprieve from liquidating after its chairman, Eddie Lampert, submitted a $4.4 billion bid in an effort to purchase the retailer....
03 Jan Foot Locker Makes Strategic Investment In Super Heroic
“We are excited to partner with Super Heroic, a company that shares our deep commitment to empowering children through innovative athletic products,” states Richard Johnson,...
21 Dec Moody’s: Caleres Stock Repurchases Could Inhibit Debt Repayment
Moody’s Investors Service said that Caleres, Inc.’s recent announcement that it had completed the repurchase of the remaining shares under its 2011 share repurchase program...
13 Dec Puma Takes Lead In Fighting Climate Change
In anticipation of the UN Climate Change Conference in Katowice, Poland, Puma played an active role in developing the Fashion Industry Charter for Climate Action...
13 Dec DSW Smashes Street Targets In Q3
DSW Inc. lifted its annual guidance after reporting adjusted earnings in the third quarter handily topped Wall Streets’ targets on a 7.3 percent same-store gain....
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