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31 Dec Bangladesh orders arrest of factory owners for deadly fire

Posted at 12:37h in Latest News, Product Safety, Sourcing

The court in Dhaka issued the warrants for Delwar Hossain and his wife Mahmuda Akter over the blaze in 2012 at the Tazreen factory, where...

31 Dec Vietnam achieves export target for Footwear

Posted at 12:32h in Home, Latest News, Sourcing

Footwear exports reached $7.9 billion as of the middle of December, a rise of nearly 15 per cent against the corresponding period last year, according...

31 Dec Nike unveils Team USA shoes for Sochi (picture)

Posted at 12:30h in Home, Latest News

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...

31 Dec Crocs receives $200M from Blackstone, announces CEO retirement

Posted at 07:09h in Home, Latest News

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

Posted at 07:09h in Home, Latest News

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

Posted at 07:09h in Home, Latest News

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

Posted at 07:09h in Home, Latest News

"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

Posted at 07:09h in Home, TPP News

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

Posted at 10:12h in Latest News

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

Posted at 16:05h in Home, Latest News

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...