09 Oct Nike, Silicon Valley firm Grabit form partnership
"Grabit is still an early-stage technology and we are exploring different applications across logistics, distribution and in manufacturing," Nike spokeswoman Del Hudson said....
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09 Oct J.C. Penney stock up as retailer cites ‘solid progress’ in turnaround
"Over the last six months, we have made significant strides and are now seeing positive signs in many important areas of the business, in spite of what continues to be a difficult environment for consumers and retailers in general," Ullman said in a statement issued...
08 Oct Finish Line Invests $90Mon CRM, Supply Chain – New Partnership with Macy’s Paying off
Finish Line is spending this year's $80 million to $90 million CapEx investment on replacing many of its core systems, with a supply chain overhaul and new CRM software as top priorities. It also has a new partnership with Macys. ...
08 Oct Wolverine 3rd-Quarter Net Up 66 Percent
Revenue grew to a record $716.7 million, representing outstanding growth of 9.0 percent versus prior year pro forma revenue and growth of 103.0 percent versus prior year reported revenue. All three of the company's branded operating groups contributed to the excellent revenue performance in the...
08 Oct Cargo Moving Despite Concerns Over Government Shutdown
U.S. Customs and Border Protection has furloughed 6,000 workers because of the government shutdown that began last week, but Acting Commissioner Thomas Winkowski said the impact at the docks should be “minimal” since ports will remain open, with inspectors continuing to work and process cargo....
05 Oct Nike action sports is coasting along small with aims of going big
There's a reason why the world's biggest sports footwear and apparel company has made a bet on action sports through the Nike brand and its surfwear and skatewear subsidiary, Hurley International....
05 Oct Jimmy Choo Never Designed A Single Shoe For His Namesake Brand, Co-Founder Says
Jimmy Choo shoes have become as ingrained in popular culture as Coca-Cola, thanks to a "Sex and the City" endorsement and the lust-worthy designs coming out of the accessories house. But the co-founder of the brand is now claiming that Choo himself didn't design a...
04 Oct Holiday retail sales predicted to inch higher
Sales in November and December are projected to increase 3.9 percent to $602.1 billion, up from last year’s sales growth of 3.5 percent, according to the NRF....
04 Oct FDRA Insight: Government Shutdown and Footwear
Barricades have been erected around the monuments in Washington and in some federal areas around the FDRA's office, which is strategically situated between the White House and the Capitol. The government shut down has caused agencies to stop many of their services as the...
04 Oct NRF Forecasts Holiday Sales to Rise 3.9 Percent
NRF expects sales in the months of November and December to increase 3.9 percent to $602.1 billion, up marginally compared with last year 3.5 percent increase and higher than the 10-year average holiday sales growth rate of 3.3 percent. “Our forecast is a realistic look...
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