JustFab and ShoeDazzle announced that they have entered into a definitive agreement to merge the two industry leaders in a strategic move that will create the worldwide market leader in fashion subscription e-commerce, and redefine the way women shop onli
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Soles4Souls Names Kevin Cherep as Chief Development Officer
Soles4Souls Inc., the not-for-profit institution dedicated to fighting poverty through the distribution of shoes and clothing, named veteran philanthropy executive Kevin Cherep as chief development officer…
Toms Commits to U.S. Donations
The founder of Toms, Blake Mycoskie, announced that the company has made a major commitment to children in the United States and through its Giving Partners will give at least one million pairs of new shoes by the end of 2014…
Lenzing Says Cotton Surplus Driving Down Fiber Prices
The Lenzing Group generated earnings in line with expectations in the first half of 2013, but considerably below the first half of 2012 as a global surplus of cotton drove down the average price for its fibers 25 percent…
Billabong Refinancing Offer Undergoes Revision
US private equity groups Centerbridge and Oaktree are considering whether to make a last-minute bid for Billabong after a Takeovers Panel ruling opened the company up to rival takeover offers, according to a report by the Australian. The panel had forced
Data Show Privately Held Sporting Goods Retailers Outperforming
Privately held sporting goods stores may be outperforming their publicly traded competitors, according to Sageworks, which compiles private company financial data to help private companies benchmark their performance…
Rider Sandals Launches Foosball Tour
Rider Sandals continues its search for the best collegiate foosball players with the Fall Foosball Tour, making stops across the Northeast throughout the month of September. Rider will kick off its fall tour in Boston, MA at College Day at Fenway Park o
Russell Athletic Supports Uniform Giveaway
Russell Athletic brand ambassador and Washington wide receiver Pierre Garcon visited three Washington, DC area high schools, delivering their respective football teams with new Russell Athletic uniforms on Tuesday. The teams selected were from Thomas Jeff
Dick’s SG Lowers FY Guidance After Q2 Shortfall
Dick's Sporting Goods reduced its guidance for the full year after reporting same-store sales dropped well below expectations in the second quarter due to a challenging consumer environment, higher levels of precipitation and cooler temperatures. Whi
Black Diamond Equipment to Host Utah Avalanche Center Fundraise Sept. 12
Black Diamond Equipment is hosting its 20th annual fundraising party for the Utah Avalanche Center (UAC) on Thursday, Sept. 12, 2013, from 6-10pm in the parking lot of Black Diamond Equipment headquarters, 2084 East 3900 South, Salt Lake City, Utah…
Steve Madden Declares Three-for-Two Stock Split
Steve Madden announced that its Board of Directors has declared a three-for-two stock split, in the form of a stock dividend, of the company's outstanding shares of common stock…
Former Rep. Ellen Tauscher Elected Independent Chair of The Alliance for Bangladesh Worker Safety
The Alliance for Bangladesh Worker Safety elected the Honorable Ellen O'Kane Tauscher as the independent Chair of its board of directors. The coalition of North American apparel companies and retailers, industry associations, and non-governmental org
NY-Based Athletic Footwear Company Signs International Deal
Ektio Shoes, a clinically tested athletic shoe designed to counter ankle sprains, announced a partnership with Xebio, one of the largest sporting goods retailers in Japan. The deal will allow Ektio to expand globally in some of the approximately 420 store
PHIT America Announces National Launch of Mayor’s Fitness Challenge
PHIT America, the non-profit education and advocacy organization designed to combat the inactivity and obesity crisis, has announcing national plans for the Mayor’s Fitness Challenge (MFC), a 10-week health and wellness campaign…
TJX Raises Guidance on Robust Q2
The TJX Companies, Inc. reported net sales for the second quarter of Fiscal 2014 increased 8 percent to $6.4 billion. Consolidated comparable store sales for the quarter increased 4 percent…
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