08 May Puma Sees Modest Currency-Neutral Q1 Decline
Kering said its Sports & Llfestyle segment, which includes Puma, Volcom, Electric, Tretorn and Cobra Golf, had sales of €790 million ($1.1 bn) in the...
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08 May Confrontations Raise Stakes in South China Sea Vietnam Clashes With China Over Oil Rig; Philippines Detains Chinese Fishing Boat and Crew
A naval confrontation between China and Vietnam over Chinese attempts to anchor a giant oil rig in disputed waters is by far the most serious...
08 May Nike’s Sustainability Report Shows Environmental Impact Reductions
Nike, Inc. released its FY12-13 Sustainable Business Performance Summary, providing an update on performance against current business, labor and environmental goals as the company works...
08 May White House Enters Fray on Rival Tax Extender Plans
The Obama administration issued a veto threat against a House bill (HR 4438) scheduled for a floor vote on Wednesday that would make permanent the...
07 May Skechers Considers Stake in LA Clippers – Analyst Blog
Skechers USA Inc. hinted that it is seeking to acquire a stake in the Los Angeles Clippers basketball team, which is expected to be up...
07 May Adidas may jettison Rockport
The athletic footwear company acknowledged yesterday that it has hired Guggenheim Partners to explore a possible sale of the 43-year-old, Canton-based shoe brand known for...
07 May Adidas profit drops 34% in first quarter; N. America sales off 20%
"While we still have to be wary of currencies and their effects on our financials, the first quarter will be the low point of our...
06 May Danner Opens First Retail Store in State of Washington
“We are thrilled to open our first retail store outside the state of Oregon,” said, Danner Vice President of Sales and Marketing Craig Cohen. “In...
06 May Target CEO Steinhafel out in wake of data breach
The departure suggests the company is trying to start with a clean slate as it wrestles with the fallout from hackers' theft of credit and...
06 May Thousands of sneakerheads get their kicks at Bridgeport show
After some brief negotiating, a teenager pulled out a wad of money and handed Owen Corazzelli $310. Corazzelli placed a pair of Nike Air Jordans...
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