26 Jan Gap Inc. to Shutter Piperlime
Gap Inc. has decided to close its Piperlime brand, including the online platform and single store in New York, by the end of the first...
Retail
23 Jan Adidas Agrees to Sell Rockport to Berkshire/New Balance Partnership
The Adidas Group entered into a definitive agreement to sell its Rockport business to a new entity formed by Berkshire Partners and New Balance for...
22 Jan Skechers Launches Central Eastern Europe Subsidiary
Skechers USA, Inc. is transitioning its business in Central Eastern Europe (CEE) from third-party distributors to a new wholly-owned subsidiary, Skechers CEE, Kft. Skechers...
22 Jan Under Armour Expands Partnership with Jordan Spieth
Under Armour announced a comprehensive, 10-year partnership extension with professional golfer Jordan Spieth. Spieth, who joined the Under Armour family in 2013 upon turning professional...
21 Jan Deckers Brands Moves M&A Expert Lafitte to COO Role
Deckers Brands, which owns the Ugg, Teva, Sanuk, Ahnu and Hoka One One brands, has appointed David E. Lafitte chief operating officer (COO), effective Feb....
15 Jan True Fit Closes $15M Growth Equity Round
In 2014, True Fit doubled the world’s largest collection of fit data, supporting personalized recommendations for millions of styles across more than 1,500 top apparel...
13 Jan Wolverine Ups Q4 Sales Forecast, But Sees Flat Earnings in Fiscal 2015
Wolverine Worldwide Inc. upgraded its forecast for fourth quarter sales and earnings, but said it expects diluted earnings per share to come in flat in...
12 Jan PacSun Comps Break Out in December
Pacific Sunwear of California, Inc. reported comparable store net sales during the month of December increased 9 percent compared to the same period a year...
09 Jan J.Crew is accused of cutting corners on new shoe quality – while keeping prices the same
After newsletter subscribers were alerted that the $125 Cece Ballet Flat, which was discontinued in early 2014, had returned last week both in the brand's...
10 Oct G.H. Bass Store Faces Possible Credit Card Hack
On Sept. 12, 2014, G.H. Bass & Co. discovered that an unauthorized person had connected a small data capture device to one of the cash...