Genesco Promotes Mimi Vaughn To CEO

Genesco Inc. announced that Mimi Eckel Vaughn, 53, currently the company’s senior vice president and chief operating officer, has been named Genesco’s next president and chief executive officer, effective February 2, 2020, the start of the company’s new fiscal year. 

‘Run Smart. Run Bright.’

November is Run Safety month.  #RUNBRIGHT The Running Industry Association celebrates the event with its 7th annual National Running Safety Month campaign supporting the organization’s 200-plus retail member partners nationwide by supplying marketing and communication materials made possible by member brands Gore-Tex, Asics and AfterShokz. The goal of the ‘Run Smart. Run Bright.’ campaign is […]

Fitbit To Be Acquired By Google

Fitbit, Inc. announced that it has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash, valuing the company at a fully diluted equity value of approximately $2.1 billion.

Nike Live Opens In Tokyo And Long Beach

Nike announced the global expansion of the Nike Live concept with the launch of two new stores in Tokyo and Long Beach. The stores officially opened to NikePlus members yesterday, November 1.

Asics’ North America Sales Flat In Q3

Asics showed a loss of ¥1.74 billion ($16.1 mm) in the North America region in the third quarter against a loss of ¥534 million a year ago. Sales in the quarter dipped 0.1 percent to ¥21.17 billion ($196 mm) from ¥21.19 billion.

Newell Brands Raises Guidance On Improving Q3

Newell Brands reported a third-quarter profit. excluding charges, and sales that beat expectations while raising its full-year outlook. Core sales growth in the Home & Outdoor Living segment grew 1.3 percent.

Genesco Names Chief Accounting Officer

Genesco Inc. announced the appointment of Brent Baxter as the company’s new vice president, chief accounting officer, succeeding Paul Williams, who recently announced his retirement after 42 years with the company.

Crocs Announces Secondary Offering

Crocs Inc. announced that certain selling stockholders affiliated with The Blackstone Group Inc. have commenced a secondary offering of 6.86 million shares of Crocs common stock.