According to a survey from Coresight Research, nearly three-quarters of U.S. consumers would stay away from malls or shopping centers if the coronavirus outbreak worsens in the U.S. Some 58 percent of consumers surveyed this week said they will likely avoid public spaces overall or travel...
Nike closed its Oregon headquarters over the weekend and is closing its European headquarters in Amsterdam on Monday and Tuesday for deep cleaning in response to the coronavirus outbreak. Columbia Sportswear, also over the weekend, thoroughly disinfected its offices in Portland, OR. The move to sanitize Nike’s...
Two Ten Footwear Foundation, the national charitable foundation of the U.S. footwear industry, recently announced the appointment of a new Chief Executive Officer for the organization....
Remington Products Company announced it has recently acquired the Foot Petals brand from RG Barry Corp. Foot Petals is a designer brand of foot cushions and inserts including ball-of-foot, back of heel and arch cushions....
Crocs, Inc. reported earnings in the fourth quarter that topped Wall Street’s targets as sales expanded 21.8 percent to cap off a strong year. Crocs officials, however, warned that sales in the first quarter would be hurt by $20 million to $30 million due to...
Acushnet Holdings Corp., the parent of Titleist, reported net income rose 57.0 percent in the fourth quarter on a 7.3 percent sales gain. Net earnings rose 21.2 percent in the year on a 2.9 percent sales increase....
VF Corp. announced the closing of its €500 million green bond offering, representing the first green bond issued in the apparel and footwear industry. The amount equivalent to the net proceeds from the offering will be used to advance programs within the company’s Made for...
Wolverine World Wide Inc. reported sales rose 4.8 percent in the fourth quarter, boosted by mid-teens revenue growth from Merrell and Sperry and saw earnings top Wall Street’s guidance. For the current year, however, the company provided a soft outlook, citing the negative impact of...
The 2020 Tokyo Olympics are more likely to be canceled than moved or rescheduled if by late May the coronavirus outbreak is deemed too dangerous to go ahead with the original schedule, according to International Olympic Committee member Dick Pound....
Timberland is offering to plant a tree every time an online customer chooses to have their orders delivered in four to eight days versus the standard three days, according to a report from Reuters....