Wolverine Worldwide Inc. upgraded its forecast for fourth quarter sales and earnings, but said it expects diluted earnings per share to come in flat in 2015 due to a strong dollar, the phasing out of Patagonia footwear and rising pension expense and investment in its...
Hope that increasingly contentious contract negotiations between the companies and labor union running West Coast ports would not deteriorate into a paralyzing lock out or strike was bolstered last week when federal mediators said they would join the talks....
Pacific Sunwear of California, Inc. reported comparable store net sales during the month of December increased 9 percent compared to the same period a year ago....
Keen welcomed three highly-experienced new members to the team: Kirk Hale, Eric Goldner, and Brad Voelpel. The trio will more efficiently connect Keen’s factories, transportation, distribution, sales force, and retailers, while building sustainable processes to instill continued confidence with Keen retailers worldwide. ...
The Federal Mediation and Conciliation Service announced Tuesday it will intervene in labor negotiations between the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) after the union joined the PMA in inviting federal mediation. ...
U.S. retail e-commerce spending from desktop computers for the entire November-December 2014 holiday season reached $53.3 billion, marking a 15-percent increase versus the corresponding days last year. Cyber Monday (Monday, Dec. 1) once again ranked as the heaviest spending day of the year with more...
Hoka One One, a division of Deckers Brands, revealed plans to launch its first hiking boot for Fall 2015. The MTN collection will include five new styles that range from high-top hiking boots to lightweight mountain runners, serious mountain trekkers and casual hikers. ...
Coach, Inc. has signed a definitive agreement with private equity firm Sycamore Partners to acquire Stuart Weitzman Holdings LLC, a leading designer and manufacturer of women's luxury footwear. The transaction will complement Coach’s current leadership position in premium handbags and accessories, while immediately adding to...
"FDRA is well known in Washington as the voice of the footwear industry, and I am happy to be a part of an organization fighting to lower consumer costs and create jobs," said former Representative Sue Myrick. "I believe we have a moral obligation...
Led by the popularity of activity tracking devices, health and fitness devices are projected to lead unit sales among all wearables in 2015 with a projected 20 million units. Revenue is expected to surpass $1.8 billion in 2015, according to the The U.S. Consumer Electronics...