Toms Shoes LLC is being taken over by its creditors from founder Blake Mycoskie and private equity firm Bain Capital as part of a debt exchange.
Category: Footwear
Barneys Ends Online Sales
Barneys has ended online sales as it shifts clearance sales to solely focus on its remaining stores.
Jordan Brand Adds Luka Dončić
Jordan Brand added Luka Dončić, the 2018-19 NBA Rookie of the Year, as its latest brand ambassador. His initial deal with Nike expired earlier in the year.
Adidas Settles With Ex-Louisville Coach Rick Pitino
Adidas and former Louisville basketball coach Rick Pitino reached a settlement sixteen months after a federal judge dismissed his lawsuit against Adidas. Terms were not disclosed.
Evolv Gets New General Manager
The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country and Evolv, has hired William (Bill) Sinoff as general manager of Evolv climbing shoes.
Race-Mania Summit And Expo Returns To Boston On March 15, 2020
Sun Multisport Events announced registration is now open for the 2020 Race-Mania Summit & Expo taking place on Sunday, March 15, 2020 at the Boston University Fit Rec Center in Boston, MA. Designed to educate, equip and inspire endurance athletes on the eve of a new season, Race-Mania features top speakers, informational and inspirational seminars, hands-on clinics and workshops; competitive events; and a vendor expo with 85+ sponsors and exhibitors.
Adidas Golf Signs Rasmus and Nicolai Højgaard
Adidas Golf announced the signing of identical twins Rasmus and Nicolai Højgaard, 18-year-old phenoms where the former recently became the third-youngest winner in European Tour history at the AFRASIA BANK Mauritius Open.
Michael Avenatti Pleads Not Guilty In Nike Extortion Case
Michael Avenatti, the celebrity lawyer, pled “not guilty” to an indictment accusing him of trying to extort as much as $25 million from Nike Inc.
Voxel8 Appoints President And CEO
Voxel8, a multi-material digital manufacturing company transforming design and production of footwear and apparel, announced the appointment of Dr. Friedrich (Fred) von Gottberg as president and chief executive officer and to the board of directors.
Rockport Group President Steps Down
Rockport Group confirmed that Javan Bunch is stepping down as president.
Columbia Sportswear Set To Join S&P MidCap 400
Columbia Sportswear Company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel, Accessories & Luxury Goods Sub-Industry index.
Minnetonka Appoints Jori Miller Sherer As President
Minnetonka has promoted Jori Miller Sherer, most recently vice president of business development, as president.
Ebay Unveils New December Sneaker Drop Series
Ebay said its marketplace is eliminating sneaker seller fees in North America on any sneakers sold at $100 or more while unveiling new December Drop series. The drops signify the continued dominance of Ebay in the sneaker resale game, with nearly six million total sneakers sold on Ebay in 2019.
Sports Direct Sees Currency-Neutral Sales Drop 6.4 Percent In First Half
Sports Direct said it expects to increase profits by up to 15 percent this year after reducing losses at House of Fraser. In the first half ended October 27, sales on a currency-neutral basis decreased by 6.4 percent due to the chain’s continued elevation strategy. Revenues in U.S. operations were down due to store closings at Bob’s.
The Running Event Reports Record Attendance
The Running Event, held December 3 to 5, 2019 in Austin, marked the 14th year with record participation, along with a strong international retailer attendance.
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