Ecco’s 2014 Revenues Climb 9 Percent

Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The record performance came despite challenging conditions in some markets, most notably in Russia and the Ukraine…

Yue Yuen Faces Factory Strike

Yue Yuen Industrial Holdings Ltd said on Wednesday thousands of workers at a factory in South China have gone on strike following changes to production processes…

Feetz Raises $1.25M in Funding

Feetz, which specializes in customizable footwear using 3D printing, closed on a $1.25 million seed round. Investors included Khosla Ventures, the JumpFund, and ex-Reebok CEO Uli Becker. Becker joined Feetz's board of directors…

Li Ning Widens Annual Loss

Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent…

Nike’s Q3 Earnings Climb 16 Percent

Nike Inc. reported earnings rose 16 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share. Sales rose 7 percent to $7.46 billion. Sales on a currency-neutral basis grew 11 percent for the Nike brand and 33 percent for Converse.

Skechers Friendship Walk Raises $1.1 Million

Skechers President Michael Greenberg was recently joined by a number of celebrities at the 6th annual Skechers Friendship Walk check presentation in Manhattan Beach to celebrate the raising of $1.1 million in its annual charity event.

L.L.Bean to Open its First Ohio Store

L.L.Bean expects to open its first Ohio store in November. The store will be located at Legacy Village, a popular lifestyle center in Lyndhurst, OH , just outside of Cleveland. The 16,000 square-foot store…