Nike admitted that in the past its female sponsored athletes have had their pay cut back for ‘performance-based payment reductions’ related to pregnancy but it changed the policy in 2018.
Category: Footwear
Iconix’s Revenues Drop 26 Percent In Q1
Iconix Brand Group Inc. reported a steep drop in revenues in the first quarter but operating profits improved due to cost-control efforts.
Mizuno’s America Region Returns To Profitability
Mizuno Corp said its America region returned to profitability for the first time in four years. Sales fell for the third straight year.
Vionic Names SVP Global Sales
Vionic, the comfort footwear brand, appointed Jerry Williamson in the role of senior vice president of global sales, and Angela Caltagirone as the new senior vice president of digital and brand marketing.
Eddie Bauer Reaches $9.8M Settlement Over Data Breach
Eddie Bauer agreed to a settlement with Iowa-based Veridian Credit Union over a class action lawsuit related to a 2016 data breach, according to documents filed in the U.S. District Court for the Western District of Washington. The retailer admitted no wrongdoing in the filing.
Yue Yuen’s Revenues Advance 3 Percent In April
Yue Yuen Industrial (Holdings) Limited reported revenues expanded 2.9 percent in April, to $877.9 million from $853.3 million.
Academy Sports Opens Store In Gastonia, NC
Academy Sports + Outdoors opened its first store in Gastonia, NC, located at 3580 E Franklin Blvd. This marks Academy’s 6th Charlotte metropolitan area store.
Emerald Expositions’ Darrell Denny Exits
Darrell Denny, EVP at Emerald Expositions who oversees Outdoor Retailer, is leaving the company, effective May 24.
Wolverine’s Q1 Sales Slowed By Weather, Conservative Re-Orders
Wolverine World Wide reported earnings topped guidance in the first quarter and four of its major brands – Merrell, Saucony, Cat and Wolverine – exceeded internal sales expectations. Overall sales came in below expectations due to a downturn in the boat shoe market and weak re-orders that particularly impacted Sperry.
Under Armour Opens New Omni Distribution House
Under Armour officially opened the doors to its new state-of-the-art Omni Distribution House (ODH). ODH is a 1.3 million square foot distribution and warehouse facility, located in Sparrows Point in Baltimore County, MD.
Golf Town Opens Pop-Up Stores In Kamloops And Lethbridge
Golf Town, based in Toronto, is opening two “pop-up” stores in key Western Canadian markets, Kamloops, BC, and Lethbridge, AB.,
Sequential Brands’ Active Portfolio Gains Further Traction In Q1
Sequential Brands Group Inc. reported first-quarter earnings on an adjusted basis came in below plan due to transition challenges of licensing agreements at its Fashion segment. The company’s Active brands, led by Gaiam, And1 and Avia, continue to see strong growth
Asics Returns To Growth In North America
Asics Corp. reported sales increased 4.2 percent in the first quarter in the North America region as the Performance Running category returned to positive growth.
Wolverine World Wide Tops Guidance In Q1
Wolverine World Wide reported earnings in the first quarter were down slightly on an adjusted basis but exceeded guidance as its top-five brands, including Merrell and Saucony, saw revenue arrive above plan during the quarter to offset some challenges at Sperry.
Saucony Promotes Joe Toth To VP Of U.S. Sales
Saucony, a division of Wolverine Worldwide, Inc., announced the promotion of Joe Toth to the position of vice president of U.S. sales.
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