Nike Inc released its latest Impact Report covering its fiscal year 2019. The report details the progress the company is making to reach its diversity & inclusion, community and sustainability targets for 2020. Highlights of the report include: Nike increased vice president (VP)-level representation of women...
Genesco Inc., the parent of Journeys, announced plans for its new corporate headquarters in Nashville, TN. The company’s new corporate offices will be located at 535 Marriott Drive in Nashville and occupy approximately two-thirds of the facility’s 310,000 square feet of space. Relocation is targeted...
Vibram has signed a multi-year partnership agreement with Pensole Academy, which starts this year. The new agreement further establishes the longstanding relationship between the two organizations in fostering strong industry relationships and developing innovations. Collaboratively, Pensole and Vibram will develop multiple projects per year, working across their Portland...
Skechers USA Inc. reported net earnings rose 25.5 percent in the fourth quarter on a 23.1 percent revenue gain. Sales topped guidance and earnings arrived at the high end of guidance. Fourth Quarter Highlights Record quarterly sales of $1.33 billion, an increase of 23.1 percent. Skechers...
VF Corp. said that at this time, about 60 percent of VF’s owned and partner stores in China have been temporarily closed due to coronavirus mitigation efforts. Stores currently open have experienced significant declines in retail traffic. VF said it is working in accordance with local...
Reebok and Array, the media and arts collective Founded by filmmaker Ava DuVernay, hosted a day-long event on February 8 in Los Angeles celebrating women in film. Throughout the day hundreds of people came to Array’s Creative Campus for free screenings of a quartet of...
Asics Corp. has been named to the Supplier Engagement Leaderboard by global environmental impact non-profit CDP in recognition of its efforts to engage with its suppliers on climate change. The company has been recognized for its actions and strategies to reduce emissions and manage climate risks...
VF Corp. will move its Global Innovation Center in Alameda, CA to Denver, according to the Denver Business Journal. The company confirmed that it signed leases to occupy an entire office building in the River North Art District and an additional 58,000 square feet of industrial...
Dick’s Sporting Goods announced its 2020 Women’s Initiative highlighted by The Dick’s Foundation’s $5 million grant to U.S. Soccer Foundation’s ‘United for Girls’ Initiative. The donation was announced at Dick’s Sporting Goods Foundations ‘Here for Her’ Summit held Tuesday in New York City. The three-year, $5 million...
Adidas said it was closing a “considerable” number of its stores in China due to concerns over the coronavirus outbreak, according to a report from Reuters. “We can confirm that we are currently experiencing a negative impact on our business in China. However, it is too...