New York-based private equity firms Bruckmann, Rosser, Sherrill & Co. and Goode Partners LLC completed a transaction that will merge DTLR Inc. and Sneaker Villa Inc. According to a statement from the parties involved, the merged company has a significant geographic reach with nearly 240 stores...
Athletic footwear sales in the four-week back-to-school season-to-date were essentially flat. The market can use some good news after a rough morning on Friday. Sales of athletic footwear at retail picked up last week, posting a low-single-digit increase in what is historically the peak week for athletic...
The fashion brand Ecoalf, is putting ocean trash to good use. Its ethical mission is not the central selling point at the expense of the product – it is part of the package. Javier Goyeneche, CEO, Ecoalf, decided in 2009 to pitch his mainstream fashion brand and look...
DSW Inc. reported second-quarter earnings that rose 5.2 percent, ahead of Wall Street’s target, as same-store sales sales inched up 0.6 percent. Roger Rawlins, chief executive officer, stated, “We were pleased to report our first positive comp quarter since 2015. This resulted in a healthy increase...
Macy’s Inc. announced several changes intended to improve the company’s performance, including the hiring of Hal Lawton as president, the creation of a single simplified merchandising organization and an enhanced focus on the company’s data analytics capabilities. Lawton will become president of Macy’s, effective September 8. As president, Lawton...
Billy Reid, the Alabama-based designer, grew up wearing the classic K-Swiss tennis sneaker, and since 2011 he has partnered with the brand on special limited-edition releases that are an evolution of classic K-Swiss silhouettes. Much like their past collaborations, these new sneakers are entirely Made In The...
L.L.Bean opened a new manufacturing center in Lewiston, ME and unveiled a $1 million injection molding machine to support ongoing demand for its iconic duck boot. The investment increases the outdoor gear company’s capacity to make its trademark product by one-third. L.L.Bean sold 600,000 pairs of the...
The Dick’s Sporting Goods Foundation’s Sports Matter program announced a five-year, $500,000 commitment to Little League Baseball and Softball, in support of its local districts and leagues across the country. The Foundation supports the philanthropic work of Dick’s Sporting Goods. The funds will help provide facility...
Skechers signed Tony Romo, the recently retired Dallas Cowboys quarterback, as a brand ambassador. Romo will be wearing Skechers men’s footwear in a multi-platform global marketing campaign set to launch later this year. “After 14 years on the field with the Cowboys, it was time to hang...
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...