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Puma partnered with Mountain View, CA-based motion science company Lumo Bodytech to introduce a new Puma product powered by Lumo’s artificial intelligence coaching platform. Lumo Bodytech combines sensor data and advanced algorithms to optimize human movement designed to improve health, performance and injury prevention. Lumo’s solutions...

W. Paul Jones, the CEO of Payless ShoeSource, has resigned just as the retailer is set to exit bankruptcy proceedings, according to a report from the Topeka Capital-Journal. The Topeka Capital-Journal said Jones told employees of his resignation plans Tuesday morning at a town hall meeting...

Phoenix Footwear Group Inc., the parent of Trotters and Softwalk, shrank its net loss for the first six months to $612,000 from $737,000 for the first six months of fiscal 2016. The EBITDA loss improved to a loss of $257,400 for the first six months...

Crocs Inc. reported earnings rose 65.8 percent excluding non-recurring charges in the second quarter as improved margins and expense management offset a 3.3 percent decline in sales. These results cover the three months ended June 30, 2017, and are compared to the three months ended June 30,...

Asics unveiled a new global brand message, identity, retail concept and integrated brand activation – the brand’s most significant marketing initiative to date. The refresh kicked off in London with the aim of getting the world moving, one city at a time. “This marks an important milestone...

Wolverine World Wide Inc. announced it has sold its Sebago brand to BasicNet, S.p.A., an Italian corporation with a global footprint that has a portfolio of brands including Kappa, Robe di Kappa, K-way, Superga and more. “As an organization, we have always been active portfolio managers,...

DLTR, an urban chain based in Hanover, MD, has reached an agreement to merge with Villa, an urban specialist based in Philadelphia. A source close to the deal said a letter of intent has been signed and the deal is expected to officially close by the...