The Sustainable Apparel Coalition (SAC) released the Higg Index 2.0 and will now shift its attention to helping suppliers learn how to use the web-based tool to improve their own environmental and labor practices…
Category: Footwear
Canada Goose Scion Agrees to Sell Control to Bain Capital
Canada Goose, which has been family owned since its founding more than 55 years ago, completed a definitive agreement to sell a majority stake in the company to the private investment bank Bain Capital…
Multiple Sportsmen Acts Introduced into Congress
Through the end of November, three omnibus sportsmen’s bills were introduced in the U.S. Senate and House of Representatives…
Quiksilver to Reverse DC’s Q4 Decline with Sweet Spot Pricing Next Fall
Quiksilver reported sales of its DC brand fell by 25 percent in the fourth quarter ended Oct. 31 compared with the fourth quarter of 2012, but expects to reverse the brand's decline next fall by pricing more DC shoes in the sub-$50 sweet spot…
Lululemon Cuts Outlook on Ongoing Sourcing Issues
Shares of Lululemon Athletica tumbled last week after the yoga apparel retailer lowered its sales outlook for the year even as it reported higher third quarter earnings. Late deliveries; slower traffic and a weaker Canadian are said to be impacting the fo
DTLR Withdraws IPO Filing
DTLR Holding, Inc., formerly known as Downtown Locker Room, announced that due to an unspecified “business development,” it will not proceed with its planned initial public offering. The company declined to comment beyond its one-sentence statement…
2013 Fishing Participation Virtually Unchanged Compared to 2012
In a license index run cooperatively by ASA and the Recreational Boating & Fishing Foundation (RBFF), license sales rebounded slightly in the third quarter of 2013…
Puma Hires Advertising Agency
Puma appointed advertising agency JWT New York as its lead creative agency. Effective immediately, JWT will assume a leadership position over all Puma advertising and creative on a global basis…
Nordon Plastics Firearm Division Expands
Nordon Plastics Firearm Division announces the expansion of their existing production facilities from 62,000 square feet to over 100,000 square feet…
Foot Locker Partners With Carmelo Anthony on “23 Days of Flight” Campaign
Foot Locker, Inc. unveiled its newest national advertising commercial to promote its “23 Days of Flight” campaign that
focuses on Jordan product. The new commercial follows the successful launch of the “All Is Right” spot for “Week of Greatness” that kick
Wolverine World Wide Appoints Board Member
Wolverine Worldwide announced the appointment of Gina R. Boswell to the company's board of directors…
GSI Outdoors Signs Distribution Partners in Italy and Poland
GSI Outdoors has signed distribution agreements with partners in Italy and Poland…
Institutional Investors Clamor for Shares in Italy’s Moncler
Moncler S.p.A.’s finalized the offering price of its initial public offering of stock at €10.20 per share Wednesday, reflecting extremely high institutional demand for shares in the Italian ski and fashion apparel brand…
PVH 3rd-Quarter Profit Jumps 17 Percent
PVH Corp.’s third-quarter profit grew 17.3 percent to $196.7 million, or $2.37 a share, again boosted by its acquisition of Warnaco Group, which licenses the Speedo brand and Calvin Klein underwear and jeans. The $2.9 billion purchase was completed
Sustainable Apparel Coalition Releases Higg Index 2.0
The Sustainable Apparel Coalition released the Higg Index 2.0 after 14 months of testing by dozens of apparel and footwear companies striving to build more sustainable supply chains. The coalition, which built the index on pioneering work by athletic and
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