Gross profit for the first quarter of 2014 was $240.4 million, or 44.0 percent of net sales, compared to $192.7 million, or 42.7 percent of net sales, in the first quarter of 2013. Earnings from operations for the first quarter of 2014 were $48.2 million...
Freeman Spogli & Co. and Investcorp have signed a definitive agreement to acquire Totes Isotoner Corporation, the designer, marketer and distributor of accessories in the rain, cold weather and footwear categories....
Altra Zero Drop shoes have been on the market for less than 4 years, and they're already in the top 8 of running shoes. Ashleigh Jameson says she switched over to Altra shoes when she saw a demo while working at a women's specialty shoe...
There was one big winner in yesterday's marathon that didn't wear a racer's bib -- Skechers USA, whose new shoe is off to a running start. Men's winner Meb Keflezighi completed the 26.2-mile course in a pair of Skechers GOmeb Speed 3 racing shoes, slated...
The Adidas Group has appointed Mark King, who had been TaylorMade-Adidas Golf's CEO, as president of Adidas Group North America effective June 1, 2014. King succeeds Patrik Nilsson, who has decided to leave the company for personal reasons and will take on a new career...
Howard joins Vans from Dell where she served in key roles for several business functions, including product management, ecommerce, and creative. In her new role as global vice president of marketing, Howard will drive Vans’ global marketing strategy and provide marketing leadership to achieve company...
Some of the employees will be staying on at Nike through May. Nike Digital Tech, responsible for Web software, was not affected. The CNET story says Nike has canceled plans for a further FuelBand versions. However, Strong told the tech website the company will...
The Democratic members of Congress said Wednesday they still have serious concerns about the Transpacific Partnership pact that remains under negotiation and that the fast-track authority that would be needed to ratify a deal in Congress is still in serious trouble....
Constantly looking into new and smarter ways to make its products better, the Adidas brand has developed an approach that ensures environmental considerations are part of the product creation process. This has enabled sustainable elements to be incorporated into all performance shoes created for 2013....
The D0dd-Frank Wall Street Reform and Consumer Protection Act instructs the Securities and Exchange Commission to issue regulations requiring companies to disclose whether they used various rare minerals from war-torn regions in central Africa in their production of goods. This has been especially challenging...