In the years since the company’s initial public offering, Skechers’ annual sales have grown more than tenfold, from $424.6 million in 1999 to $4.64 billion in 2018—with global growth across all sectors of the brand’s direct-to-consumer and wholesale business....
Nike Inc. announced that Ratnakar Lavu will become the company’s first global chief digital information officer, effective June 17....
Zumiez Inc. reported total net sales for the first quarter ended May 4, 2019 (13 weeks) increased 3.2 percent to $212.9 million from $206.3 million in the first quarter ended May 5, 2018 (13 weeks). Comparable sales for the thirteen weeks ended May 4, 2019...
The value of US footwear imports from Mexico jumped 20% in 2018 to $500.2 million, the second-biggest year on record. Mexico serves as a strategic sourcing location for certain brands wanting to make quality leather shoes at affordable prices close to market. Adding higher costs on these shoes...
Tilly’s Inc. on Wednesday reported comparable store net sales, which include e-commerce net sales, increased 2.4 percent compared to an increase of 0.1 percent during last year’s first quarter. That marked the 12th straight quarter of improved comps for the company....
He most recently held the position of vice president, VF Corporation and president, supply chain, responsible for the oversight of all of the company’s global manufacturing, sourcing and operations....
Payless ShoeSource announced plans to liquidation all its stores through the end of June. The company announced in February that it would shut down all 2,100 Payless locations across the country....
VF Corporation announced the appointment of Cameron Bailey to the position of executive vice president, global supply chain, effective June 1, 2019....
Designer Brands Inc, formerly DSW Inc., raised its full-year guidance after reporting adjusted earnings in the first quarter ended May 4 rose 10.3 percent increase on a 23.4 percent revenue gain. Comparable sales increased 3.0 percent following a 2.2 percent increase in the first quarter...
In a statement, Adidas said Landau was re-elected “to accompany the current five-year strategic business plan, ‘Creating the New’, through to completion in the 2020 financial year and to ensure a smooth hand-over to a new Supervisory Board chairman.”...