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The acquisition closed on February 13, 2017. Walmart, in an attempt to better compete with online giant Amazon.com, commented that buying Moosejaw gives it “the experience of another well-established e-commerce player, this time in the active outdoor category,” said a company representative....

“Nike’s employees and athletes believe that sport has the unique power to unite people and inspire change – and they believe Nike’s role is to be in the game, to never sit on the sideline,” the company wrote in its statement....

“This is very much in line with what we are forecasting for retail sales and consumer spending this year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers try to balance inventories very carefully with demand. So, when retailers import more...

French fashion group Vivarte sold its shoe chain André and its fashion chain Naf Naf. Its new CEO, who took charge in October 2016, has been working on a restructuring plan to slim down the company and this is part of that process. Naf Naf sale is...