Stage Stores is preparing for a financial restructuring that could include a bankruptcy filing, according to The Wall Street Journal.
Category: Footwear
Nordstrom’s Paige Thomas To Run Saks Off 5th
HBC appointed Paige Thomas as president of Saks Off 5TH, effective immediately. Thomas most recently served as executive vice president, general merchandise manager, full-price – men’s and kids at Nordstrom Inc.
Kohl’s Eliminates 250 Corporate Positions
Kohl’s Corp. is eliminating 250 corporate positions and making executive changes as part of a restructuring.
Skechers Signs Elite Runner Anthony Famigliett
Skechers signed two-time Olympian and six-time U.S. Champion Anthony Famiglietti to its team of ambassadors. He was with Adidas.
Mizuno’s Sales Slide In Nine Months
Mizuno Corp. reported revenues in the nine months ended December 31 declined 3.9 percent. Sales in the Americas grew 8.6 percent.
Genesco Announces New Corporate Headquarters
Genesco Inc., the parent of Journeys, announced plans for its new corporate headquarters in Nashville, TN.
Nike Releases Fiscal 2019 Impact Report
Nike Inc released its latest Impact Report covering its fiscal year 2019. The report details the progress the company is making to reach its diversity & inclusion, community and sustainability targets for 2020.
Brooks Sports Sues Brooks Brothers For Trademark Infringement
Brooks Sports Inc. filed a lawsuit against Brooks Brothers Group Inc. in federal court for breach of contract, unfair competition and trademark infringement.
Under Armour Misses Q4 Targets And Delivers Weak Outlook
Under Armour Inc. reported an unexpected fourth-quarter loss and missed Wall Street estimates for its revenues. The company also warned of soft 2020 results and said it’s considering another massive restructuring initiative to rebalance its cost base.
TIA Partners With Association Management Company, Bostrom
The Tennis Industry Association (TIA) announce that as of February 8, 2020, Bostrom has been named TIA’s management company.
Michael Avenatti Won’t Testify At Nike-Extortion Trial
Michael Avenatti chose Monday not to take the stand in his own defense as the New York trial over his alleged extortion of Nike comes to a close.
Asics Recognized For Climate Change Actions
Asics Corp. has been named to the Supplier Engagement Leaderboard by global environmental impact non-profit CDP in recognition of its efforts to engage with its suppliers on climate change.
Allbirds Appoints Nancy Green To Board Of Directors
Allbirds, the footwear start-up, announced that it has appointed Nancy Green, president and chief creative officer of Old Navy, to its Board of Directors.
Implus Corp. Announces Leadership Transition
Implus Corp., a leader provider of athletic, fitness and outdoor accessories, appointed Michael B. Polk as interim chief executive officer. Seth Richards, Implus CEO, and Todd Vore, president, are transitioning their leadership roles and will be leaving the company to pursue other opportunities.
Running USA Industry Conference Holds Annual Awards Presentation
Kara Goucher, Brandon Hough, Michael Nishi and Alan Brookes were among those honored at the Running USA Industry Conference’s annual awards presentation.
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