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Nike Inc. CEO Mark Parker sent an e-mail to employees on Thursday night condemning the racism, bigotry and fatal violence displayed in Charlottesville, VA. Parker’s email, attained by Sole Collector, is featured below: Team, Like many of you, I have spent this past week shocked and saddened by...

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...

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...