Latest News

The National Retail Federation announced that Macy’s Executive Chairman Terry Lundgren has been elected chairman of the NRF Board of Directors. Lundgren replaces former HSNi CEO Mindy Grossman, who resigned from the board after leaving retail to head Weight Watchers. In addition, four new...

Sports Direct reported earnings tumbled 58.7 percent in its year ended April 30. The U.K. sporting goods chain blamed the devaluation of the pound against the U.S. dollar. Earnings reached £113.7 million, down from £275.2 million. Underlying EBITDA reached £272.7 versus £381.4 , a decline of 28.5 percent. Gross margins eroded 320...

Vibram, a leader in high-performance soles, partnered with REI for its 2017 Sole Factor Tour, which will visit select REI stores across the country offering customers a chance to upgrade their favorite footwear with a new Vibram sole. Driving Vibram’s Sole Factor program is a customized,...

Dick’s Sporting Goods named Scott Hudler senior vice president – chief marketing officer. In this role, Hudler will be responsible for the company’s overall marketing and consumer engagement strategy and implementation, and will report to Lauren Hobart, president, Dick’s Sporting Goods. “Scott will play a pivotal...

Famous Footwear introduced buy-online, in-store pickup at all its more than 1,000 locations. Customers who use the free service on famous.com, from July 7 through 11, will receive $5 off one order containing an in-store pickup item. “With more than 1,000 stores across the country, customers can...

People Footwear appointed Marty Meade as vice president of sales. Meade will be based in the Portland, OR office. “We are thrilled to have Marty as part of the People Footwear family,” said Damian Van Zyll De Jong, CEO. “As our brand continues to grow and we...

Cherokee Global Brands, the parent of Hi-Tec, Tony Hawk Signature Apparel and Flip Flop Shops, reported a loss in its first quarter ended April 29,  impacted by the decision by Target, the discount chain, to stop selling the Cherokee brand. The company also said it was...