Rocky Brands is adding a $5 million, 94,000-square-foot expansion to its 192,000-square-foot Hocking County operation in Logan, OH.
Category: Footwear
Skechers Expands Donations To Animal Welfare Organizations
Skechers announced that it has donated more than $4.23 million to animal welfare organizations through its Bobs for Dogs and Bobs for Cats collections.
Kohl’s Aligns With Facebook For “Curated” Collections
Kohl’s announced the introduction of Curated by Kohl’s, a new selection of products from emerging brands available in more than 50 Kohl’s stores and Kohls.com beginning mid-October 2019. Powered by Facebook, Curated by Kohl’s will bring a new assortment of brands into multiple departments.
J.C. Penney May Face Delisting
J.C. Penney said the New York Stock Exchange on August 6 notified the company that it is no longer in compliance with continued-listing criteria. Continued-listing requires an average closing share price of at least $1 for 30 straight trading days.
Foot Locker Unveils Washington Heights Community Power Store
Foot Locker announced the grand opening of its Washington Heights community-based Power Store. The store features a full suite of immersive capabilities for consumers to experience, including an activation space on the second floor. The 9,000 square foot store is also the first among Foot Locker stores to showcase Nike App at Retail digital technology.
The Running Event (TRE) Grows Leadership Team
The Running Event (TRE), the trade show in the running specialty industry that is produced by Diversified Communications, announced the appointment of corporate marketing and strategic development veteran Anne Gray as event director of TRE.
New Fleet Feet Location Set to Open In Atlanta Area
Fleet Feet announced the planned opening of a new store in Peachtree City, GA later this year.
Sequential Brands Sees Q2 Revenues Slide
Sequential Brands Group reported a loss in the second quarter as sales declined 20.2 percent.
The Buckle’s July Comps Dip
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 3, 2019 decreased 0.5 percent.
Adidas’ Q2 Currency-Neutral Sales Rose 4 Percent
Adidas AG reported earnings rose 10 percent in the second quarter as sales expanded 4 percent on a currency-neutral basis. Currency-neutral sales increased 12 percent in Emerging Markets and 8 percent in Asia-Pacific, led by 14 percent growth in China. Revenues in North America increased 6 percent Adidas’ outlook was confirmed for the year.
Barneys Has Until October 24 To Find Buyer And Avoid Liquidation
Barneys New York, which filed for bankruptcy Tuesday, secured new financing from Brigade Capital Management, LP and B. Riley Financial Inc. and has been given a deadline of October 24 to find a buyer to avoid liquidating.
Wolverine World Wide’s Q2 Earnings Top Targets
Wolverine World Wide Inc. reported second-quarter sales increased 1.1 percent. Earnings dipped slightly but exceeded Wall Street’s consensus targets by two cents. Merrell grew mid-single digits and Sperry improved to flattish growth in the quarter.
Nike Signs Deal With The University Of Alaska Fairbanks
Nike signed a five-year deal to outfit the athletic teams of the University of Alaska Fairbanks. BSN Sports will supply the merchandise as part of the initiative.
Skechers And Adidas Settle Lawsuit Over Striped Shoes
Skechers has asked the U.S. District Court for the Central District of California to dismiss a trademark infringement suit without prejudice. The lawsuit involved one of its styles which Adidas claimed infringes its three-stripe trademark.
Super Heroic To Develop Nerf Apparel And Footwear Line
Hasbro Inc. and Super Heroic Inc., the kids sneaker brand, announced a licensing agreement to bring Nerf-branded kids’ apparel and footwear to market this August. The line will be available at select Foot Locker and Kids Foot Locker stores.
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