Latest News

15 Apr Nike breaks ground on new Memphis distribution facility

Posted at 07:34h in Economic news, Featured, Latest News

Nike Inc. broke ground Tuesday on the 1.3 million-square-foot expansion of its Memphis Distribution Center. It will allow the company to ship its footwear, apparel...

15 Apr Advertising: Nike, Once Cutting Edge, Seeks to Regain Its Brand Aura

Posted at 06:09h in Home, Latest News

Nike is on “a journey, a long-term journey for the brand,” Mr. Grasso said in a phone interview on Friday. “As we continue to grow...

14 Apr Japan joins U.S. in push for broad Pacific trade pact

Posted at 06:09h in Home, Latest News, TPP News

As a result, we are pleased to welcome Japan's participation in the TPP negotiations pending a consensus agreement among the current TPP members and the...

13 Apr Chinese company sues Michael Jordan; Nike breaks ground in Memphis

Posted at 06:09h in Latest News

Kenya may be looking for an athletics kit other than Nike, National Olympic Committee chairman Kipchoge Keino says in this story. Is Kipchoge Keino the...

13 Apr Retail sales contracted in March for 2nd time in 3 months

Posted at 06:09h in Economic news, Home, Latest News

Economists had expected sales to be flat. The falloff was led by declines in spending at gas stations, department stores and at electronics and...

12 Apr global athletic footwear analysis

Posted at 09:15h in Economic news, Latest News, TPP News

The global athletic footwear market was valued at $74.7 billion in 2011 and is forecast to grow at a CAGR of 1.8% during 2011-2018, according...

12 Apr 2013 UK Footwear Industry Award Winners

Posted at 08:49h in Latest News

The Footwear Industry Awards seek to recognize those in the footwear industry who display innovation and forward thinking, alongside traditional sales and business acumen....

12 Apr Cool spring hurts footwear

Posted at 08:33h in Economic news, Home, Latest News

The coldest March in the U.S. since '96 hurt sales and prompted analysts at Sterne Agee to lower earnings estimates for shoemakers as customers delay...

12 Apr Retailers faced a weather double-whammy in March

Posted at 06:09h in Economic news, Latest News

The weather last month, following as it did three years of unseasonably warm Marches, "made for an uphill battle" for retailers trying to grow sales....

12 Apr Shoe firm Sanuk to open first company-owned store, in Santa Monica

Posted at 06:09h in Latest News

He thinks that, by the end of 2016, Sanuk could be a $200 million brand. He envisions stores in other tourist hot-spots as well...