Footwear Vendor

Skechers Earnings Surge In Q2

Skechers Earnings Surge In Q2

Skechers USA Inc. reported second-quarter earnings jumped 66.0 percent, easily ahead of Wall Street's targets, as revenues gained 13.7 percent on a currency-neutral basis. The revenue gains were driven by increases of 19.8 percent in the company’s international business and 1.5 percent in its domestic business. (Read More)

Nike Settles Racial Discrimination Lawsuit

Nike has settled a racial discrimination lawsuit initially filed in 2017 by a 15-year company veteran just before the case was heading for trial. Terms of the settlement were not disclosed. A Nike spokesman told Portland Business Journal that lawsuit was resolved to both parties' satisfaction." (Read More)

WIT Fitness To Run CrossFit’s Online Store

Whatever It Takes (WIT) Fitness and CrossFit, Inc. announced they have partnered to have WIT take over the CrossFit online store. The announcement comes several weeks after store.crossfit.com and stuff.crossfit.com were taken down and directed to reebok.com. (Read More)

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