23 Nov Nike Sets $12B Stock Buyback Plan, Hikes Dividend
Nike, Inc. said its board of directors approved a new four-year, $12 billion program to repurchase shares of Nike’s class B common stock....
Latest News
20 Nov Domestic Footwear Group To Stay Neutral On TPP; New Balance Silent
In the Trans-Pacific Partnership (TPP) agreement, the Obama administration was able to meet enough demands of the Rubber and Plastic Footwear Manufacturers of America (RPFMA) on market access and rules of origin that the group, which includes New Balance, will not actively oppose its congressional...
19 Nov A Closer Look at How TPP Will Change Footwear Manufacturing
Though the text of TPP is now available online, it’s not that simple to digest the 5,500 page document. Matt Priest, president of the FDRA, explained the four main concepts the footwear industry needs to know....
19 Nov Tracy Morgan Ads Kick-Off Foot Locker’s ‘Week Of Greatness’
To kick off its fourth annual “Week of Greatness,” athletic retailer Foot Locker unveils two new commercials starring comedian Tracy Morgan. The week begins Nov. 21....
19 Nov Wolverine Worldwide Appoints New President Of Lifestyle Group
Wolverine World Wide, Inc. appointed Richie Woodworth to the position of president of the company's Lifestyle Group, which includes the Sperry, Stride Rite, Keds, and Hush Puppies brands, effective Jan. 3, 2016....
19 Nov Nike to Open Store in Detroit
Nike Inc. will open a two-level, 22,000-square-feet store in downtown Detroit in spring 2016....
19 Nov ITC to Assess Impact of Trans Pacific Partnership
The U.S. International Trade Commission (USITC) has instituted an investigation to assess the likely impact of the Trans-Pacific Partnership Agreement on the U.S. economy as a whole and on specific industry sectors and the interests of U.S. consumers....
18 Nov Chaco Appoints Seth Cobb as President
Wolverine Worldwide has named Seth Cobb as the new president of Chaco. In this senior role, Cobb will lead all aspects of the business and position Chaco for accelerated global growth. ...
18 Nov Gore Unveils New Brand Architecture
W. L. Gore & Associates (Gore) publicly announced it is restructuring its brands for Fall 2016 in a bid to help consumers distinguish between the product benefits of Gore-Tex, Windstopper and upcoming Gore Thermium products....
18 Nov Walmart ‘Encourages’ Investors With Q3 Street Beat, Comp Growth
Wal-Mart Stores Inc. gave the market a nudge Tuesday with in-line revenues and comparable store sales and better-than-expected Q3 earnings. “Overall we had a good quarter,” said Walmart President and CEO Doug McMillon during the firm’s conference call. ...
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