MLB To Loosen Color Restrictions On Cleats For 2019

Major League Baseball along with the Major League Baseball Players Association (MLBPA), announced that a new mutual agreement is in place that will provide players “increased flexibility” with respect to the colors and design of their on-field footwear.

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The North Face Opens Lifestyle Concept Store In Williamsburg

The North Face on Friday opened a first of its kind retail experience, The North Face Prototype, in the Williamsburg neighborhood of Brooklyn, NY. This space represents the next phase in the brand’s retail offering with a focus on on a curated customer experience and expansion of its lifestyle business to support explorers on the mountain or in the city.

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October Retail Sales Increased 5.6 percent

Retail sales in October increased 0.4 percent over September on a seasonally adjusted basis and were up 5.6 percent year-over-year unadjusted, according to calculations released by the National Retail Federation. The numbers exclude automobiles, gasoline stations and restaurants.

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Tony Hawk Establishes Brand Consultancy

Tony Hawk announced the launch of D/CAL, a hybrid brand consultancy and creative agency, with co-founders Adam Wilson (Carhartt, McGarryBowen), Jared Prindle (Tony Hawk Inc., 900 Films), and Ryan Maconochie (Arc, Leo Burnett, Trisect).

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Nike Announces 10 Percent Increase In Quarterly Dividend

Said Mark Parker, chairman, president and CEO of Nike Inc. “This is our 17th consecutive year of increasing dividend payouts, and combined with the new four-year $15 billion share repurchase program announced this summer, this commitment shows our continued confidence in Nike’s ability to deliver sustainable, profitable, capital-efficient growth over the long-term.”

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Nordstrom Lifts Guidance On Improved Q3 Earnings

Nordstrom said its third-quarter earnings excluding a special charge slightly exceeded the company’s expectations, reflecting continued top-line strength across its Full-Price and Off-Price businesses. Comparable sales increased 2.3 percent in the third quarter.

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Shoe Carnival Raises Outlook On Strong Q3

Shoe Carnival Inc. raised its fiscal 2018 outlook after reporting earnings per diluted share increased 15 percent to 76 cents and comparable store sales increased 4.5 percent in the quarter ended November 3.

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