Wolverine World Wide reported earnings on an adjusted basis grew 27 percent in the fourth quarter, helped by improving margins and a sharp reduction in operating expenses. Revenues inched up 0.2 percent and benefited from accelerated revenue growth from Merrell and Sperry. (Read More)
Garmin Ltd. reported fourth-quarter earnings that came in well above Wall Street's targets with a boost from higher demand for its outdoor and aviation gadgets. Revenues improved 4 percent, led by a 25 percent gain in its outdoor segment and 22 percent in aviation. (Read More)
Payless ShoeSource Inc. filed for voluntary Chapter 11 bankruptcy protection for the second time as it prepares to close all its North American stores by the end of May. (Read More)
Varsity Brands announced that its school pride event, the Varsity Brands School Spirit Awards, has named finalists for its 2019 School Spirit Awards. (Read More)
Iconix Brand Group Inc. has signed a new agreement with One Step Up to be the exclusive apparel and footwear licensee for the Pony brand in North America. (Read More)
361 Degrees International Limited said it expects a “notable” decline in earnings before taxes in 2018 due to an expected loss for the second half due in part to the U.S./China trade dispute. (Read More)
A Colorado sports apparel and memorabilia store is closing following its move to stop selling Nike product as a protest against the brand's embrace of Colin Kaepernick. (Read More)
JD Sports has purchased an 8 percent stake in Footasylum, which has 70 stores in the United Kingdom. (Read More)
New Era has signed on as the official apparel partner of Essendon Football Club's esports team. (Read More)
Grupo SBF, owner of the Brazil sporting goods chain Centauro, filed for an initial public offering on the São Paulo stock exchange. (Read More)
