SFIA, OIA, SIA, FDRA, and AAFA were part of 76 trade associations that sent a letter to U.S. Trade Representative Katherine Tai urging the Biden administration against adding more 301 tariffs and, instead, use other tools, such as financial diplomacy led by the Treasury Department,...
Burlington Stores Inc. announced that Travis Marquette has been appointed as the company’s new president and chief operating officer, overseeing and managing the company’s stores, real estate, supply chain, and information technology functions. Marquette is expected to begin working in his new position on/before October...
Crocs Inc. announced its commitment to becoming a net-zero company by 2030. It said that its Classic Clog already has a low carbon footprint. To achieve its 2030 goal, Crocs is focused on sustainable materials, packaging, investments in resource use, and innovative product afterlife solutions to...
Nordstrom and Asos announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge, and HIIT brands. This investment will help drive the growth of these brands globally. The partnership is expected to involve extensive collaboration and alignment ro “redefine the traditional retail/wholesale...
Keen Inc. announced the opening of a company-owned factory, in the Dominican Republic—Keen Dominican Republic (KDR)— with 55,000-square-feet of manufacturing space. The factory, located in Santiago. will produce its footwear, led by the Newport H2 sandal, and capable of turning 500,000 pairs a year beginning 2021....
JD Sports Fashion has transferred the ownership of Baltimore-based retailer DTLR Villa to its U.S. unit to align all its businesses under one entity. JD acquired DTLR in February for $495 million with the deal following the purchase of Shoe Palace in December. “It was always JD’s...
Taiwan’s Pou Chen Corp., which makes footwear for Nike, Adidas and other athletic footwear companies, suspended operations at its plant in Ho Chi Minh City due to COVID-19 outbreaks. Production at its Pouyuen Vietnam business in Ho Chi Minh City, the epicenter of the country’s worst...
Pacific Sunwear of California has launched into the sneaker resale market with PS Reserve. The online shop accessible through its website offers a mix of sneakers, clothing and accessories from Nike, Jordan, Adidas, Supreme, Bape, and Anti Social Social Club, among others. The collection is authenticated through...
Brooks Running outlined its 2030 planet strategy that includes a commitment to achieve net-zero carbon emissions by 2040. “At Brooks, we think that climate change demands urgent and universal action,” said David Kemp, senior manager, Corporate Responsibility, Brooks Running. “Because more than 150 million people worldwide...
Timberland has partnered with ReCircled to support the upcoming launch of its global product take-back program. The program will support Timberland’s circular design and development cycle. It also supports the brand’s vision, announced last fall, for its products to have a net positive impact on the...