28 Sep Nike Q1 Blows Past Street Estimates
Nike Inc. reported earnings rose 22.6 percent in the first quarter ended Aug. 31, to $1.8 billion, or $1.34 a share, easily above Wall Street's consensus estimate of $1.19 a share. ...
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25 Sep Running Specialty Group to Rebrand Banners to JackRabbit
The Running Specialty Group (RSG), an operating segment of The Finish Line, Inc., announced a strategic, gradual rebranding initiative to evolve its entire family of specialty running destinations under one unified brand – JackRabbit....
25 Sep Executive Retail Insights: An Interview with Ed Rosenfeld of Steve Madden
This month FDRA interviewed Ed Rosenfeld, the Chairman and CEO of Steve Madden about “how the economy is impacting the footwear industry’s sales, trends in fast fashion, and the future of footwear retail.”...
24 Sep Adidas Launches Recycling Initiative
Adidas launched Sport Infinity, a three-year research program to develop soccer cleats that can be repeatedly recycled, use no chemical adhesives and create no waste....
24 Sep Foot Locker Partners with James Harden on Twitter Campaign
Foot Locker, Inc. announced that NBA star shooting guard James Harden will engage with Foot Locker fans for "Play My Tweet," a unique social media activation. Beginning Thursday, fans can submit personal requests for Harden via Twitter by tagging @FootLocker and #PlayMyTweet for the chance...
24 Sep J. C. Penney Promotes John Tighe to Chief Merchant
J. C. Penney Company Inc. promoted John Tighe to executive vice president, chief merchant, effective Oct. 1. Tighe most recently served as senior vice president and senior general merchandise manager for the men's, children's, footwear, handbag and intimate apparel divisions....
24 Sep Nike Pledges to Use 100-Percent Renewable Energy by 2025
Nike Inc. was among several Fortune 500 companies committing to sourcing 100 percent of its electricity from renewable energy by 2025 to reduce CO2 emissions, according to a press release from The Climate Group....
24 Sep Deloitte Forecasts Slower Holiday Sales Growth
Deloitte forecasts U.S. retail sales, excluding motor vehicles and gasoline, will grow 3.5-to-4.0 percent during the November-to-January holiday period, well below last year's pace. Deloitte expects the sum to reach between $961 billion and $965 billion, representing a 3.5 to 4 percent increase over last...
24 Sep Under Armour Launches First Global Football Campaign
Under Armour revealed its first global football campaign, Slay Your Next Giant, starring football phenom Memphis Depay. Slay Your Next Giant was developed in partnership with Droga5, the creative agency behind other successful Under Armour campaigns including I Will What I Want, featuring Misty Copeland...
24 Sep Genesco Expands Stock Buyback Program
Genesco Inc.'s board of directors authorized the repurchase of up to $100 million of the company's common stock. The authorization replaces the remaining balance of a previous $75 million repurchase program authorized in September 2013, pursuant to which the company has repurchased 1,025,458 shares at...
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