Apex Global Brands To Be Acquired By Galaxy Universal
Apex Global Brands Inc. said it entered into a merger agreement with Galaxy Universal LLC. Apex’s brands include Hi-Tec, Magnum, 50 Peaks, Interceptor,...
18 February, 2021
News & Media
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Footwear Industry News Feed
Inside The Call: Deckers Brands Posts First Billion Dollar Revenue Quarter
Deckers Brands capitalized on its strong brands and a direct-to-consumer (DTC) e-commerce business to post solid results for the fiscal third quarter ended...
11 February, 2021
Nordstrom Outlines “Closer To You” Growth Strategy
Nordstrom Inc. discussed its long-term strategy to generate sustainable shareholder value Thursday at a virtual investor event. The company also reiterated fourth quarter...
11 February, 2021
Mizuno’s Q3 Profits Soar
Mizuno Corp. reported earnings surged in the third quarter ended December 31 as sales grew 8.1 percent. Quarterly results were attained by extrapolating six-month...
11 February, 2021
Nike Acquires Data Integration Expert Datalogue
Nike, Inc. has acquired Datalogue, a data integration platform start-up based in New York. Datalogue is Nike’s latest acquisition to enable its consumer-led...
10 February, 2021
Quality Corrections & Inspections Celebrates 35TH Anniversary
FOR IMMEDIATE RELEASE Randy Burk, Executive Vice President Quality Corrections & Inspections Phone: (702) 719-2322 Email: randy_burk@qualitycorrections.com Website: www.qualitycorrections.com QUALITY CORRECTIONS & INSPECTIONS CELEBRATES 35TH ANNIVERSARY The product rework services...
04 February, 2021
Keen Footwear Expands USA Manufacturing Commitment
Keen Inc announced plans to increase its Portland, OR production by 26 percent driven by demand for its “American Built” Utility boots and...
04 February, 2021
JD Sports To Acquire DTLR Villa
JD Sports Fashion Plc has entered into a conditional agreement for the acquisition of DTLR Villa LLC, an athletic footwear and streetwear retailer...
04 February, 2021
Amazon Announces CEO Transition
Amazon announced that Jeff Bezos will transition to the role of executive chair in the third quarter of 2021 and Andy Jassy will...
04 February, 2021
Puma Named European Top Employer For 2021
Puma has been named Top Employer Europe for the second time in a row by the Top Employers Institute*. This independent award highlights...
04 February, 2021
Nike Opens Nike Live Store In Eugene
Nike opened its latest small-format Nike Live store in Eugene, OR. Nike by Eugene joins three other Nike Live concepts in Los Angeles,...
28 January, 2021
Target Giving $500 Pandemic Bonuses To 375,000 Frontline Employees
Target said it would be rewarding its frontline workers with $500 bonuses for their efforts during a “year unlike others” in 2020. Members...
28 January, 2021
Nike Sues Nearly 600 Websites For Selling Counterfeit Sneakers
Nike filed a lawsuit against 589 websites allegedly selling counterfeit versions of its Nike and Converse shoes online. In a 130-page suit filed yesterday...
21 January, 2021
VF Corp. Names Shanghai As New APAC Headquarters
VF Corp. announced a transformation plan for its Asia Pacific operations focused on evolving the region’s organizational design and footprint and building new...
14 January, 2021
2020 Retail Imports May Break Record Despite Pandemic
Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic and remain at high levels as 2021...
14 January, 2021
StockX Sees Record Growth in 2020
StockX said it recorded $1.8 billion in gross merchandise value (GMV) in 2020 and closed more than 7.5 million trades during the year. The...
14 January, 2021
Adidas Raises Commitment To Sustainable Products
Adidas AG said more than 60 percent of its products will be made with sustainable materials in 2021. From 2024 onward, Adidas is...
07 January, 2021
Rack Room To Merge Customer Touchpoints With Off Broadway Shoe Warehouse
Rack Room Shoes will bring the operating functions of its subsidiary, Off Broadway Shoe Warehouse, together with its own, beginning in the first...
07 January, 2021
Wolverine WorldWide Names President, Global E-Commerce
Wolverine World Wide Inc. announced the appointment of Matt Blonder as its new president, global e-commerce. Most recently, he was global head of...
07 January, 2021
Spyder To Expand Into Footwear
Spyder, which is is owned by Authentic Brands Group (ABG), has partnered with Footwear Unlimited, to support the brand’s launch into footwear. The new...
07 January, 2021
FDRA Elevates Thomas Crockett to Vice President
(Washington, DC — December 17, 2020) Today the Footwear Distributors & Retailers of America (FDRA) have elevated Thomas Crockett to Vice President, Government...
17 December, 2020
StockX Raises $275M Series E Funding
StockX announced it has raised $275 million in a Series E funding round that values the live marketplace at $2.8 billion post-money. The investment...
17 December, 2020
Adidas Assesses Strategic Alternatives For Reebok
Adidas AG said it has begun a review of whether to sell its underperforming Reebok brand. Adidas said Monday it will announce a...
14 December, 2020
Brooks And Vaude Sign The Climate Pledge
Brooks Running and Vaude have each signed The Climate Pledge, a commitment to be net-zero carbon by 2040, a decade ahead of the...
10 December, 2020
JCPenney Emerges From Bankruptcy
JCPenney emerged from Chapter 11 bankruptcy on Monday in a deal that leaves Simon Property Group and Brookfield Asset Management Inc as the...
09 December, 2020