11 Oct Phil Knight Donates Nearly $1B In Nike Stock To Philanthropy
Nike co-founder and chairman emeritus, Phil Knight, gave 12 million shares of Nike stock valued at $990 million to an unnamed charity, according to a regulatory filing....
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11 Oct Vibram Announces Management Changes
Vibram Corp., North Brookfield, MA, said Tuesday that Michael Gionfriddo has announced his retirement as the company’s president and CEO effective December 31, and that Fabrizio Gamberini has been appointed the new president of Vibram in the United States....
11 Oct Report: Sears Hires Bankruptcy Professionals
Sears Holdings Corporation, the parent of Sears and Kmart, is considering filing for bankruptcy protection as soon as this week as it faces a large debt repayment on Monday, reports The Wall Street Journal....
11 Oct DSW And Authentic Brands Group To Acquire Camuto Group
DSW Inc. announced the company has entered into a definitive agreement to acquire the operations of Camuto Group, best known for the Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand. ...
11 Oct Zumiez’s Comps Expand 1.2 Percent in September
Zumiez Inc.announced that total net sales for the five-week period ended October 6, 2018 decreased 8.0 percent to $77.7 million compared to $84.4 million for the five-week period ended September 30, 2017....
04 Oct Soulful Sister Act … Chloe x Halle x Teva F18 Collection
Fall 2018 ushers in and 20-year-old Chloe and her sister, Halle, to partner with Teva on a collection of shoes for the brand’s campaign. If you are not familiar with the singers, they are on an American tour opening for leading headliners in the music...
04 Oct JC Penney Names Jill Soltau CEO
J.C. Penney Co. Inc.’s board of directors on Tuesday announced the appointment of Jill Soltau as CEO and a member of the board of directors, effective Oct. 15. Soltau is a 30-year retail veteran who most recently served as president and CEO of JOANN Stores,...
04 Oct Two Former Nike Executives Join Forces To Form CO-Lab.
Nike alums Keith Crawford and David Odusanya have launched CO-Lab., a creative agency focused on design strategy for companies, from brand and product development to the consumer experience....
04 Oct VF Corp. To Sell Reef To The Rockport Group
Commenting on the agreement, VF’s Chairman, President and Chief Executive Officer Steve Rendle said, “Reshaping VF’s brand portfolio to deliver sustainable, long-term growth and superior returns to shareholders remains our top priority...
28 Sep Rack Room Shoes announces record-breaking total for Shoes That Fit fundraising campaign
CHARLOTTE, N.C., Sept. 19, 2018 – Rack Room Shoes raised more than $1.62 million during its 2018 Shoes That Fit campaign. Each Back to School season, the family footwear retailer hosts a Shoes That Fit fundraiser event, empowering customers to give back to their local...
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