28 Jan Gregg Ribatt Begins New Role as CEO of Crocs
Crocs Inc. announced Gregg Ribatt will start working as its new CEO Jan. 28 and that Jason Giordano, managing director of Blackstone's Private Equity Group, has joined its board of directors. ...
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27 Jan ShoeBuy Acquires Minority Stake in Boston Boot Company
ShoeBuy, the online retailer of shoes and clothing, has acquired a minority stake in Boston Boot Company. The acquisition marks ShoeBuy's expansion into the footwear manufacturing business, and provides an opportunity for the company to directly deliver superior products to its customers....
27 Jan Media Reports Progress in West Coast Port Talks
The International Longshore (ILWU) and Warehouse Union and the Pacific Maritime Association (PMA) have reached a tentative agreement on the maintenance and repair of truck chassis at West Coast ports, according to media reports. ...
27 Jan The Footwear Industry’s Statement on Ambassador Froman’s Testimony Before Congress
Today, the Footwear Distributors and Retailers of America (FDRA) spoke on behalf of the footwear industry regarding Ambassador Froman's testimony on the Trans-Pacific Partnership (TPP) before the Senate Finance and House Ways and Means Committees. TPP would provide over $400 million in duty savings for...
27 Jan Under Armour Appoints SVP of Footwear
Under Armour announced that Peter Ruppe has joined the organization’s executive leadership team as senior vice president of footwear, effective immediately. In this position, Ruppe will be directly responsible for guiding the strategy, merchandising and development of all footwear, including men’s, women’s and youth...
27 Jan Adidas Group Again Top Employer in Germany and China
The Adidas Group has again been recognized as an employer of choice in Germany and China. The German magazine Focus has this year again named the Adidas Group as the Top Employer in Germany. The Group thus maintains its top ranking in the category ''Apparel,...
26 Jan Gap Inc. to Shutter Piperlime
Gap Inc. has decided to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015....
23 Jan Adidas Agrees to Sell Rockport to Berkshire/New Balance Partnership
The Adidas Group entered into a definitive agreement to sell its Rockport business to a new entity formed by Berkshire Partners and New Balance for a total consideration of $280 million, most of which will be paid in cash with the remainder comprised of notes....
22 Jan Skechers Launches Central Eastern Europe Subsidiary
Skechers USA, Inc. is transitioning its business in Central Eastern Europe (CEE) from third-party distributors to a new wholly-owned subsidiary, Skechers CEE, Kft. Skechers plans to double its CEE sales in the next three to five years through an expanded offering of men’s, women’s...
22 Jan Under Armour Expands Partnership with Jordan Spieth
Under Armour announced a comprehensive, 10-year partnership extension with professional golfer Jordan Spieth. Spieth, who joined the Under Armour family in 2013 upon turning professional at the age of 19....
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