Jerry Turner, the legendary president of Brooks in the 1960s and 1970s and most recently head of American Sporting Goods, has come out of retirement to launch Turner Footwear, a collection of performance running and workout footwear....
“It won’t make people that happy if the price of tennis shoes goes up, if the price of clothing goes up and if the price of motor vehicles goes up,” said Donald Grimes, an economist at the University of Michigan. “That contradicts the idea of...
This 12-nation agreement involved key markets for the U.S. footwear industry, including Vietnam and Japan, and would have saved U.S. footwear companies and consumers more than half a billion dollars a year. FDRA will continue to support efforts for U.S. bilateral free trade agreements...
Sales by quarter: Q1 (+5%), Q2 (+6%), Q3 (+2%), and Q4 (-1%). The shift in the second half is due almost entirely to the void that was created by The Sports Authority and Sport Chalet bankruptcies. The greatest impact came in Q4, when both retailers...
J.C. Penney has teamed with Nike to give its shoppers a new way to answer the call: Just do it. The department store chain pumps up its athletic offering with Nike shops inside more than 600 J.C. Penney locations, creating a destination for active shoppers....
Sheridan is a longtime Brooks employee. For the past four of his 19 years at Brooks, Sheridan led sales management, e-commerce, regional marketing execution, business development and customer service in North America. His charter focused the region on delivering superior customer service and connecting with...
In highlighting some First Insight research findings, Petro said over this last holiday season, 70 percent of consumers expected to see markdowns of 31 percent or more when they walked into a store or visited a retailer’s website....
A new year hasn’t necessarily brought a new wave of excitement and momentum for retail just yet. So far, with Macy’s Inc. announcing layoffs and experts predicting more bankruptcies, 2017 has brought just the opposite for the industry....
“We want to work with the new administration and take the steps to continue to promote free and fair trade. That’s what we’re all about and that’s the best position we can have as a company,” Parker said Sunday at the NRF Foundation gala, where...
Sneaker and athletic shoe retailers have a lot more to worry about during online customer transactions. According to a new study by e-commerce solutions provider Riskified, online sneaker transactions are 300 percent more likely to be fraudulent than an average fashion order....