31 Dec Nike unveils Team USA shoes for Sochi (picture)
For footwear the athletes will slip into Nike high tops in a chukka boot style that features a one-piece 'Flyknit' knitted construction in wool, for...
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31 Dec Crocs receives $200M from Blackstone, announces CEO retirement
Blackstone Group LP invested $200 million in Crocs Inc., taking two board seats and a 13 percent equity stake in the Niwot-based shoemaker, company officials...
31 Dec Brown Shoe Reaches 52-Week High
Shares of footwear retailer Brown Shoe Co. Inc. (BWS) reached a 52-week high of $27.72 on Dec 20. Adjusted earnings per share of 63 cents...
28 Dec Nike accounts for more than half of Finish Line sales, executive says
Beginning this spring, Finish Line became the exclusive athletic footwear partner of Macy's. Finish Line executives have said they expect the partnership to boost sales...
22 Dec Target’s huge data breach likely to be followed by more, experts warn
"The reality is that these incidents are only going to increase," said Paul Lipman, CEO of Redwood City security firm Total Defense. "It's a result...
21 Dec Finance Trade Priorities May Shift Under Wyden as Chairman
The to-do trade list includes a Baucus-Hatch draft renewal of expired fast-track trade and potential ratification of the pending Trans-Pacific Partnership (TPP), a trade agreement...
20 Dec Sycamore To Buy Jones for $2.2 billion
That values the deal at $1.2 billion, or about $2.2 billion including debt, New York-based Jones said today in a statement. The deal is expected...
19 Dec Obama to pick Sen. Max Baucus as ambassador to China, officials say
Baucus, 72, would succeed Gary Locke, a former Washington governor and U.S. Commerce secretary, in the key diplomatic post. The Obama administration, which has tried...
19 Dec Jones Group Nears Deal to Be Sold to Sycamore Partners
Private-equity firm Sycamore Partners is nearing a deal to buy Jones Group Inc., the owner of Nine West, for $15 a share, a transaction that...
19 Dec International Spending Lifts U.S. Retailers
Black Friday saw the greatest spike of the year in international shopping activity, with cross-border spending at U.S. retailers more than quadrupling (+330 percent) compared...
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