Adidas Group’s strong second-quarter results were led by a 25 percent gain on a currency-neutral basis by the Adidas brand. Top-line growth accelerated in Western Europe, up 29 percent, and in North America, up 26 percent. ...
Crocs Inc. reported sales slumped 6.3 percent in the second quarter to $323.8 million compared to the three months ended June 30, 2015. On a constant currency basis, revenue decreased 6.2 percent. Sales came in short of guidance calling for sales in the range of...
The company, which is owned by South Korea’s E-Land Group, will move its brands K-Swiss, Supra and OTZ Shoes from Westlake Village, CA, along with the Americas operations of Palladium and PLDM from Lyon, France. The new offices will also serve as E-Land’s base of...
Amer Sports, which owns the Salomon, Atomic and Suunto outdoor brands, bolstered its marketing team in the Americas with the hires of Jon Feeney to the role of senior trade marketing manager – Americas and Megan Porteous as digital marketing manager – Americas....
A long-time leader within the brand, Palladini will lead and manage the strategic direction of Vans globally, while enabling the regional teams to develop and deliver local strategies to drive continued worldwide growth. Palladini will also oversee global marketing and product and will maintain direct...
Synchrony Financial’s 2016 Back-to-School Study predicts that back-to-school retail sales will expand between 3.2 percent and 3.7 percent for July through September. More than 1,850 parents and college students nationwide participated in an annual Back-to-School survey conducted earlier this month on behalf of Synchrony Financial....
During one recent interview, an outdoor exec told us he refuses to use the ‘m’ word for fear of typecasting the generation that so many define as young, carefree, urban and frugal socialites. And perhaps he has a point. The truth is, if you and...
Nike, Inc. (NKE) has released its Nike+ app, which gives athletes access to Nike’s signature services. The company will also open its first digital studio in New York in order to increase its digital connection to consumers. ...
For the first time, the Food and Drug Administration (FDA) has a legislative mandate to require comprehensive, preventive-based controls across the supply chain. The Food Modernization Act (FSMA) requires enhanced oversight of suppliers, with greater auditing responsibilities for the USA-based importer....
Two Ten Footwear Foundation, the national charitable foundation of the U.S. footwear industry, announced plans today for its 77th annual VIP Dinner and Gala, “One Team.” Scheduled for Wednesday, November 30, 2016, the industry’s premier, dual-event evening of philanthropy and entertainment will be held...