The Finish Line Inc. said it expects a steep decline in earnings in both the second quarter and fiscal year ended March 3 while also indicating it is adopting a shareholder-rights plan aimed at thwarting unwanted takeover advances. Second Quarter Guidance For the second quarter ended August...
The 117th U.S. Open is underway in New York City and Adidas kicked off the competition in a special way. Yesterday Adidas, Pharrell Williams, Stan Smith and Adidas tennis athletes Garbiñe Muguruza, Angelique Kerber, Sascha Zverev, Dominic Thiem and Jo-Wilfried Tsonga gathered at Frederick Johnson Community Court in Harlem,...
Nike has partnered with Kendrick Lamar, the star rapper. Lamar has previously worked with Reebok. “Cortez. Since day one. #teamnike #TDE @nike @nikelosangeles,” Lamar wrote on Twitter and Instagram coupled with an image of him performing in pair of Cortez sneaker. He made the announcement across social media on Saturday,...
Amazon may be taking over Seattle, but it’s not harming retail growth. Seattle is one of the largest company-driven cities in the United States thanks to Amazon. The e-commerce company, founded by Jeff Bezos in 1994, owns a staggering 19 percent of all prime office space...
Organizers of Sneaker Week Portland, the first weeklong celebration of sneaker culture in the nation, will take place September 17-23 at various venues throughout the city, according to Sneaker Week co-founder Herbert Smith. “Portland is the undisputed epicenter of sneaker culture and the footwear capital of North...
Even though more parents started back-to-school shopping early this year, many families still have a lot of shopping left to do as they prepare their children for the start of school. According to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, the...
Shoe show executive extraordinaire Leslie Gallin stops by the Shoe-In Show booth at FN Platform to discuss the important role shoe shows play in the continued success of the evolving footwear industry. Go behind the scenes with Leslie as she discusses the intricate details...
Birkenstock Americas CEO David Kahan joins Matt and Andy at FN Platform to explore the continued growth of the iconic German brand, innovative ways in which the signature Birkenstock footbed is being used in new and emerging styles, and his vigorous efforts to protect the...
Tilly’s Inc. reported profits jumped 121 percent on an adjusted basis in the second quarter as expenses were reduced sharply, margins improved slightly and comps grew 2.1 percent. “We believe the combination of our merchandising, marketing and operating initiatives is gaining traction, as evidenced by our positive...