11 Jan Altra Introduces Smart Shoe
Altra launched the Altra IQ powered by iFit, a smart shoe for runners at CES 2016. The shoe is available to demo at iFit, located at booth #73914 in Sands Expo Center, known as Tech West....
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11 Jan Rocky Brands Announces New Footwear Order from the U.S. Military
Rocky Brands, Inc. announced it has received an order to fulfill a contract to the U.S. Military to produce “Temperate Weather” combat boots. The contract includes a minimum purchase amount of $13.0 million with the entire order projected to ship between March and October 2016....
11 Jan Hudson’s Bay to Acquire Gilt
Hudson's Bay company entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements. This transaction reflects HBC’s ongoing focus on advancing its all-channel model while continuing to grow its successful off-price business through the integration...
08 Jan Under Armour Launches a Smart Shoe, Wireless Headphones and Other Fitness Gadgets
Under Armour Inc. is launching a line of connected fitness products, including a smart shoe and two models of wireless headphones. The products piggyback off Baltimore-based Under Armour's (NYSE: UA) big bet on fitness tracking technology, a play that the company sees as the future...
07 Jan Footwear Needs Tariff Relief
During this holiday season, many Americans will purchase a pair of shoes for themselves or to give as a gift. In fact, footwear ranks as one of the top gifts people buy for their friends and loved ones this time of year, according to the...
07 Jan Under Armour Partners IBM to Raise the Bar on Coaching Apps
Under Armour (UA) unveiled a strategic partnership with IBM at the Consumer Electronics Show that aims to use IBM Watson's cognitive computing technology to create the first app that combines data on the user's sleep, behavioral and nutrition patterns to create a personal coaching app....
07 Jan The Finish Line’s Sato to Succeed Lyon in CEO Post
The Finish Line board of directors has appointed Sam Sato to succeed Glenn Lyon as chief executive officer of the company effective Feb. 28. Lyon, who currently serves as CEO and chairman of the board, will serve as executive chairman of the board through the...
06 Jan Crocs Sues Evacol for Patent Infringement
Crocs Inc. has filed a lawsuit against a Colombian retailer that opened its first store in Plantation, claiming patent infringement and asking Evacol to stop selling the lightweight shoes that look like Crocs....
06 Jan K-Swiss Global Brands Restructures Leadership
K-Swiss Global Brands (KSGB), a division of E-Land Group and owners of K-Swiss, Palladium, PLDM, OTZ Shoes, SUPRA Footwear (SUPRA) and KR3W Denim Co. (KR3W), announced a restructure in its leadership team. ...
06 Jan 4 Business Factors That Will Impact Shoe Companies In 2016
If yesterday’s dismal market performance is any indication of what’s to come, 2016 could be a challenging year for business. On the heels of a choppy 2015 with its own share of market turbulence...
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