Team USA and the U.S. Olympic and Paralympic Committee (USOPC) filed a lawsuit against Puma in Colorado Federal District Court for trademark infringement and unfair competition.
Category: Footwear
Nike Hires New GMs For North America, APLA And Men’s
Nike Inc. appointed Sarah Mensah as VP/GM, North America and Amy Montagne as VP/GM, APLA. Aaron Cain becomes VP/GM, Men’s.
Dick’s SG’s Q4 Sales Surge 19.6 Percent
Dick’s Sporting Goods, Inc. reported fourth-quarter earnings nearly doubled year-over-year on an adjusted basis as sales ran up 19.6 percent. At the mid-point of its expected range, Dick’s sees sales in 2021 climbing 2 percent from 2020 and 11 percent versus 2019.
Boathouse To Enter Quebec With Stores
Casual youthful multi-brand Canadian fashion retailer Boathouse will expand into the Quebec market this year for the first time. A lease has been signed to open a Boathouse store at the Promenades Gatineau near Ottawa in a space most recently occupied by Le Chateau.
Reef Hires New Product Lead
Reef announced the hiring of footwear industry veteran, John Eades, as its new senior director of product. He most recently led the footwear product team at Roxy.
Ross Stores To Open 60 New Locations In 2021
Ross Stores recently opened four Ross Dress for Less and three dd’s Discounts stores across five different states in February and March. These new locations are part of the company’s plans to add approximately 60 new stores – 40 Ross and 20 dd’s Discounts locations – during fiscal 2021.
LAMO Sheepskin Inc. Appoints Marketing Director
LAMO Sheepskin Inc. appointed Edna De Pamphilis as its new Marketing Director.
Garmont International Secures New Investor
Garmont International, based in Treviso, Italy, announced that Italian Strategy Private Equity (ISPE), managed by Riello Investimenti Partners Sgr Spa, has entered into the share capital of the company with a 65 percent stake in its shares. Of the remaining 35 percent, Pierangelo Bressan, current president and CEO, holds 30 percent and will continue in his present role.
Crocs To Offer $300 Million Of 8-year Bonds
Crocs Inc. said Monday it has launched an offering of $300 million of 8-year bonds, with proceeds to be used to repay up to $180 million of a revolving credit facility and for general corporate purposes.
Inov-8 Relaunches Under Original Founder
Inov-8 founder Wayne Edy quietly bought back the footwear company from Descente last year and is planning a relaunch with a new running shoe for trail and ultramarathon runners.
Saks Fifth Avenue Stores And E-Commerce To Become Separate Companies
The Hudson’s Bay Company, owners of Saks Fifth Avenue, signed a deal to sell a minority stake in Saks Fifth Avenue’s e-commerce business and turn it into a separate company.
Foot Locker Appoints Creative Director, Women’s Business
Foot Locker announced Melody Ehsani as creative director of its women’s business. The LA founder of the ME. streetwear brand will design a quarterly apparel capsule collection and curate an on-going selection of Nike and Jordan products.
Hillsound Equipment Expands Sales Team With Additions In U.S. And Canada
Hillsound Equipment has partnered with Endless Adventure Sales and Pro Line Sports Ltd to distribute its products in the U.S. Pacific Region and Western Canadian.
Mastercard: U.S. Retail Sales Grew 4.6 Percent In February
U.S. retail sales climbed 4.6 percent in February after adjusting for the fact that 2020 was a leap year, according to data from Mastercard’s SpendingPulse.
Original Penguin Welcomes PGA Tour Winner To Tour Staff
Original Penguin Golf, a division of Perry Ellis International, announces the signing of PGA Tour winner Danny Lee as a brand ambassador. Lee will make his debut this week in Orlando, FL wearing OPG’s Spring 2021 collection.
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