“It’s our goal at Foot Locker to bring the excitement of sneaker culture to local communities around the world, and that’s what our new Power Store model is all about...
The Under Armour Association (UAA), the grassroots basketball league supported by Under Armour, announced three newly formed grassroots platforms with UAA-Girls, UA Rise and UA Future, encompassing the entire spectrum of grassroots basketball from 17U to 10U for girls....
Foot Locker, Inc. announced that it has made a $2 million strategic investment in Pensole Inc., which operates the Pensole Footwear Design Academy....
Puma has signed a long-term sponsorship agreement with Porsche Motorsport to become the exclusive technical partner for fireproof racing clothing as well as shoes, caps and luggage....
Outdoor Afro, a national non-profit whose mission is to create and inspire black leadership in nature, just announced its newest board member, Ashley Williams, senior director, global marketing Keen Inc. ...
Vibram, maker of high-performance soles and creator of the Vibram FiveFingers articulated toe shoe, is has announced Burten Distribution as the exclusive distributor for Vibram’s Furoshiki line of footwear in the U.S....
Sears has accepted Eddie Lampert’s bid to acquire the company to stave off a liquidation although the bid now requires Sears chairman to deposit $120 million by 4 p.m. Wednesday through his ESL Investments hedge fund, according to a hearing Tuesday at the bankruptcy court...
J. C. Penney Company Inc. announced that its comparable store sales for the combined nine-week period ending January 5, 2019, decreased 3.5 percent on a shifted basis. On an unshifted basis, comparable sales decreased 5.4 percent....
Nike and Flex, a contract manufacturer, have agreed to wind down its footwear manufacturing operations in Guadalajara by the end of the year....
Macy’s slashed its outlook for profit, sales and gross margin, citing a weakening in sales in late-December....