Macy’s to Lay Off 2,500 as it Restructures Business

Macy’s, Inc. announced it will implement focused cost reductions, including organizational changes, as it prepares to sustain profitable sales growth in the years ahead. The changes will lead to the layoff of 2,500 employees and the closing of five

Macy’s Holiday Comps Grow 4.3 Percent

Macy’s, Inc. announced that its comparable sales, together with comparable sales from departments licensed to third parties, rose 4.3 percent in the 2013 holiday shopping season – the months of November and December combined – compared with the same

Skullcandy Licenses Name for Laptops

Skullcandy, Inc. announced a strategic relationship with Toshiba Corporation. Under terms of the agreement, Toshiba will license the Skullcandy trademark for marketing and distribution of consumer laptops worldwide, excluding China, and Skullcandy will pr

Srixon Signs K.J. Choi

Srixon announced that K.J. Choi has agreed to terms on a multi-year contract to join its professional tour staff. Considered one of Asia’s most successful golfers, Choi has won 21 tournaments worldwide…

Brooks to Host PR Invitational in June

Brooks Running will again sponsor the Brooks PR Invitational, bringing the best high school runners to Seattle. The 2014 PR Invite will take place June 21 and, and this year, it’ll be outdoors at Renton Memorial Stadium…

Hush Puppies Signs Licensing Agreements

Wolverine Worldwide, Inc. announced two new licensing agreements. The Elan Polo International is now the Hush Puppies brand slipper licensee for the U.S. and Canada. UGA Fashion S.A. is the Hush Puppies handbag licensee for Mexico. Both agreements are eff

Adidas Signs Jeremy Lin

Adidas announced a partnership with NBA point guard Jeremy Lin of the Houston Rockets. Lin joins the Adidas basketball roster which includes teammate and seven-time NBA All-Star Dwight Howard and a lineup of elite point-guards highlighted by Derrick Rose