Stance Appoints VP of E-Commerce

Stance, the maker of socks, has hired Paul Zaengle as executive vice president of global e-commerce. Zaengle comes to Stance from Lululemon and Columbia, where he led e-commerce and retail efforts…

Adidas Partners with 5th Floor

Adidas has formed a partnership with 5th Floor, a cycling and editorial collective based out of London (UK), and New York (USA), The team will train and compete in a range of specially designed Adidas products…

Foot Locker Bangs Out Record Q1

Marking the most profitable quarter in its 100-plus years as a public company, Foot Locker Inc. reported first-quarter earnings jumped 13.6 percent to $184 million, or $1.29 a share, easily topping Wall Street's consensus estimate of $1.23 a share…

Shoes.com Raises $45 Million in Private Placement

Shoes.com raised $45 million from a non-brokered private placement of common shares. The proceeds were raised principally from existing shareholders, at a valuation of $275 million. The offering was significantly oversubscribed…

Senate Approves Fast-Track Authority

President Barack Obama on Thursday moved closer to delivering a landmark trade deal that would cut the cost of some imported footwear when the U.S. Senate voted 62-38 to move forward with a bill that would grant the president fast-track authority he needs