“The shift in Easter to April did not provide enough bounce to retailers as retail sales struggled to keep their strong spring pace,” said NRF President and CEO Matthew Shay. “With consumer spending accounting for roughly 70 percent of total economic activity, NRF...
Puma, which is undergoing a turnaround plan that includes reconnecting with its sports heritage, reported currency-neutral sales slipped 0.5 percent in its first quarter, an improvement over the 4.7 percent slide in the fourth quarter....
Yue Yuen Industrial Holdings Ltd, maker of footwear for companies such as Nike Inc and Adidas, suspended production in Vietnam on Wednesday amid anti-China protests over a disputed area in the South China Sea....
Crocs Inc. named consumer brand management expert Andrew Rees president of the Crocs brand. Rees also will assume the role of principal executive officer until the company's search for a permanent chief executive officer is successfully concluded. ...
The less than 2-decade-old sports apparel company is looking to take market share from bigger rivals such as Nike and Adidas by targeting the women's sports apparel and footwear markets...
While earnings from footwear exports to traditional markets - the US, Japan, Belgium, Germany and France - increased in the January-April period, the industry enjoyed a major boost via smaller nations like Chile (up 80.85 per cent), Israel (up 120.41 per cent), Greece (up 78.2...
Powell also reported SKECHERS had a 50 percent gain in brand share for April 2014 and secured the number nine position for the top 25 athletic shoes sold in the U.S. during the month of April. This news follows the best first quarter (2014) net...
Set to debut in late July, the new Eddie Bauer footwear collection will launch with six men’s and seven women’s styles. All styles feature ergonomic, cushioned insoles and the lightest, strongest midsoles to absorb impact. ...
Vibram, the company behind FiveFingers shoes, just settled a $3.75 million class action lawsuit over false claims that its running shoe yields health benefits, Runner's World reports. The thin-soled, flexible shoes, which cost about $100 a pair, are said to mimic the experience of running...
Overseas sales increased 37.9 percent to $2.77 bn, due to strong sales of running shoes in the Americas, Europe and the other regions and the effect of FX rates....