02 Mar Steve Madden’s Q4 Profits Boosted By Fatter Margins
Steve Madden reported earnings rose 11.7 percent in the fourth quarter as improved margins offset a modest sales decline....
Latest News
02 Mar Skechers Performance Returns as Title Sponsor Of Los Angeles Marathon
“Our inaugural title sponsorship of the 2016 Los Angeles Marathon was extremely successful, and this year, we wanted to build on our record-setting international growth by creating an experience for as many international partners as possible,” said Rick Higgins, SVP, Merchandising/Marketing, Skechers Performance....
02 Mar Finish Line Completes Sale of JackRabbit
The $700,000 payment is subject to customary working capital and other adjustments set forth in the purchase agreement. CriticalPoint Capital acquired all JackRabbit assets, inventory, leasehold interests, customary liabilities, intellectual property, and the JackRabbit trademark and name....
02 Mar Sport Chek Opens First Women’s-Only Store
“We thought there was a ton of opportunity to do it better,” Kara Anastasiadis, associate VP of merchandise strategy, at FGL Sports. “We have everything in our stores already, we just haven’t been able to give her a one-stop, comfortable, personalized shopping experience.”...
24 Feb Under Armour To Reach Kohl’s In Early March
On a conference call with analysts, Kevin Mansell, Kohl’s CEO, said the company expects the Under Armour launch to be a “significant enough business in year one to add 75 basis points to 100 basis points to our overall company comp.”...
24 Feb Foot Locker’s Q4 Races Past Wall Street’s Targets
“Generating our seventh consecutive year of meaningful sales and profit growth is a strong testament to Foot Locker, Inc.’s solid position at the center of sneaker culture,” said Richard Johnson, chairman of the board and chief executive officer. ...
24 Feb JC Penney To Close 130-140 Stores
J. C. Penney Company, Inc. announced it is implementing a plan to optimize its national retail operations as part of the company’s successful return to profitability. ...
22 Feb Pensole Brings Champion To Foot Locker
Foot Locker Inc., in collaboration with Pensole Footwear Design Academy, unveiled the winning sneaker design for the 2016 Pensole World Sneaker Championship Powered by Foot Locker. The shoe will be sold in limited quantity at select Foot Locker stores around the globe on Saturday, Feb....
22 Feb Puma Signs Illumination’s Minions As New Creative Collaborators
“For the past seven years, Minions have engaged people of all ages and cultures with their unexpected, often subversive behavior,” said Gail Harrison, president of marketing and branding, Illumination Entertainment....
22 Feb Athletic Footwear January Results: Data & Analysis from Matt Powell, The NPD Group
The information in this report comes from The NPD Group’s monthly point-of-sale footwear database. It is collected from the athletic specialty, sporting goods, chain store, department store, and other channels....
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