DSW’s Q4 Boosted by Athletics

Led by athletics but carried by a recovery in its women’s offerings, DSW Inc. reported comparable sales increased 7.6 percent in the fourth quarter. Comps were flat in the year-ago quarter…

Foot Locker Sets $10 Billion Goal for 2020

Coming off four consecutive years of record-breaking financial results, Foot Locker Inc. again hiked its bar with the release of goals for the five-year (2016 to 2020) period. Foot Locker President and CEO Richard Johnson said Foot Locker initially set i

Versa Capital Acquires Wet Seal’s Business

Versa Capital Management, LLC, the parent of Bob’s Stores, Eastern Mountain Sports and Sport Chalet, became the winning bidder in the auction for the business of The Wet Seal, Inc., a teen specialty retailer in reorganization proceedings…

Adidas Won’t Renew NBA Sponsorship

Adidas said it will not extend its deal as the official apparel sponsor of the NBA after the 2016-17 season. Adidas said in a statement, “While we have enjoyed a successful long-term relationship with the league, we continually review our partner agreemen

Lids Expands Inventory Reach

Lids Sports Group's upgraded inventory management system now provides consumers access to companywide inventory in retail stores as well as its centrally located distribution centers. In conjunction with this system upgrade, Lids launched an “Any Tea