Rockport Group confirmed that Javan Bunch is stepping down as president. The news was first reported by Footwear News. He joined Rockport Group in November 28 and was formerly CEO of Donald J Pliner. He reported to Gregg Ribatt, Rockport’s CEO. Rockport Group, which owns Rockport, Dunham,...
Columbia Sportswear Company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel, Accessories & Luxury Goods Sub-Industry index. Columbia Sportswear will replace Uniti Group, an internally managed real estate investment trust....
The Running Event, held December 3 to 5, 2019 in Austin, marked the 14th year with record participation, along with a strong international retailer attendance. The Running Event reported over 260 exhibitors and over 2,500 total attendees at this year’s show. “After honing in on the valuable...
Shoe Carnival, Inc. announced that its board of directors authorized a new share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2020. In addition, its board of directors approved the payment of a quarterly cash dividend of $0.085...
Goldman Sachs boosted its rating on shares of Nike Inc. to “buy” because a “deep dive” analysis shows that the brand is poised for continued sizeable growth in China and should benefit from its resilient popularity among young consumers in North America....
Adidas has named Jon Wexler as the new general manager of Yeezy, Kanye West’s line, according to Sole Collector. According to his LinkedIn profile, Wexler has been VP – global entertainment and influencer marketing at Adidas for the last four years. He’s also global brand manager for...
ISlide, the developer of custom slide sandals, closed its most recent investment round by adding three new prominent major investors. The investors include Milwaukee Bucks president Peter Feigin, Memphis Grizzles forward Jae Crowder, and former president of Adidas Sports Licensed division and Lids David Baxter....
Genesco Inc. raised its outlook for the year after reporting third-quarter profit and same-store sales rose above expectations....
Today, the Footwear Distributors & Retailers of America (FDRA), America’s largest and most respected footwear trade association representing 90 percent of the entire industry, applauded the introduction of new legislation in Congress to give U.S. Customs and Border Protection (CBP) additional tools to prevent counterfeit...
Vans commemorated the inaugural #VansCheckerboardDay held on November 21 and its more than $1 million donation to Imagination.org and announced the creation of the Vans Checkerboard Fund, a global grant program that will provide monetary support to qualified charitable organizations across the globe that enable...