02 Dec Cyber Monday Sales Surpass $3 Billion
Online sales on Cyber Monday reached more than $3 billion for the first time, setting a record for a single day of online sales that also topped expectations. ...
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02 Dec Report: Reebok Looking Sell CCM
Adidas is preparing to sell Reebok-CCM as part of a broader drive to simplify its business, the New York Post reported. Unnamed sources told the tabloid that Adidas could put Reebok-CCM up for sale early next year. ...
01 Dec Silverfleet Capital Sells Office Chain To Truworths For $385 Million
Silverfleet Capital, the European private equity firm said Monday it has agreed to sellOffice, the British fashion footwear retail chain, for 256 million pounds, or $385 million, to Truworths International, a South African fashion retailer....
01 Dec Sports Authority Hires Financial Adviser
Sports Authority has hired Rothschild & Co. to help restructure its heavy debt load, according to a report by Bloomberg News. ...
01 Dec Shoe Carnival’s Q3 Profits Improve
Shoe Carnival Inc. reported earnings slid 13.2 percent in the third quarter as same-store sales expanded 6.0 percent....
01 Dec Thanksgiving Day Sales Rise Dramatically Online
Adobe estimated that a record $4.45 billion was spent online on Black Friday and Thanksgiving Day. Online sales are expected to have reached $2.72 billion on Black Friday, 14 percent more than in 2014 and $1.73 billion on Thanksgiving Day, a 25 percent increase year-over-year...
30 Nov An Interview with Leslie Gallin of UBM Advanstar, FN Platform
Executive Retail Insights An Interview with Leslie Gallin of UBM Advanstar, FN Platform This month FDRA interviewed Leslie Gallin, Footwear President of UBM Advanstar, about the success of FN Platform and how to stand out as an exhibitor at the show. FDRA: You work with a lot of companies...
30 Nov BEA Ups Q3 GDP Estimate On Stronger Inventory Data
Americans spent more on goods but less on clothing and footwear than initially thought in the third quarter, according to the government's second estimate of the country's gross domestic product for the period. ...
30 Nov Caleres Sees Q3 Profit Gain Excluding Charge
Caleres, the parent of Famous Footwear as well as several footwear brands, reported that excluding a debt charge, net earnings were $35.2 million, or 80 cents per share, in its third quarter, up 6.2 percent versus third quarter 2014....
30 Nov Wolverine Worldwide Makes Consumer Direct and Apparel Hires
Wolverine World Wide Inc. appointed Scott Sincerbeaux as president of consumer direct while naming Tom Kennedy as president of apparel and accessories....
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