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...
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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...
19 Dec Two Ten Footwear Foundation Names Amazon Fashion as Title Sponsor for Footwear Cares®
“We are excited about the philanthropic commitment that Amazon Fashion has made to help grow Footwear Cares to a month-long program,” said Neal Newman, president...
19 Dec Anxious retailers stretch holiday hours
With a week to go before Christmas, retailers are in full battle mode, with many unveiling plans to keep their stores open for marathon stretches...
18 Dec NRF: Half of Holiday Shoppers Plan to Wrap Up Lists Online
Driven by low prices and value, 45.4 percent will wrap up their shopping at their favorite department store and 37.4 percent will head to discount...
18 Dec Foot Locker Partners With Carmelo Anthony on “23 Days of Flight” Campaign
Foot Locker, Inc. unveiled its newest national advertising commercial to promote its "23 Days of Flight" campaign that focuses on Jordan product. The new commercial follows...
18 Dec Kevin Burke to Step Down as AAFA’s President and CEO
The American Apparel & Footwear Association (AAFA) announced Kevin M. Burke will step down as president and CEO, effective Jan. 21, 2014. Following the announcement,...
18 Dec Bluefly debuts exclusive footwear line, Sofia Z Shoes
Leading online retailer of designer brands and fashion trends, Bluefly, is introducing a new shoe line, independent shoe brand, Sofia Z Shoes, to their already...
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