Zappos.com announced Goods for Good, a new purpose-driven customer experience that makes it easier and more convenient than ever to shop over 150 eco and socially conscious brands.
Category: Footwear
Gert Boyle Celebration Of Life To Be Held On December 5
The family of Gert Boyle, former chair of Columbia Sportswear Company, will host a Celebration of Life in her honor on December 5, 2019. The event will be held at Veterans Memorial Coliseum in Portland, OR.
Nike Appoints Thasunda Brown Duckett To Board
Nike Inc. announced that Thasunda Brown Duckett, CEO of Chase Consumer Banking, has been appointed to the company’s Board of Directors. Duckett represents the fourth woman on Nike’s current 14-member board.
Under Armour Disputes WSJ Accounting Irregularities Report
Under Armour Inc. issued a statement in response to a Wall Street Journal article, maintaining that its accounting practices have been “entirely appropriate.”
J. C. Penney Sees Lower-Than-Expected Loss
J. C. Penney Company Inc. reported a loss that was lower than expected in the third quarter and raised its guidance for EBITDA for the year. Same-store sales were down 6.6 percent.
REI Co-op To Open Four Stores On November 15
For the first time in its 81-year history, REI Co-op will open four new stores in a single day on November 15, bringing quality outdoor gear, experiences and expertise to Farmington, UT; Huntsville, AL; Oklahoma City and Williston, VT. By the end of the year, REI will have opened a total of eight new stores, relocated two existing stores to larger locations, and opened three new boathouses in 2019.
Nike Announces 11 Percent Increase In Quarterly Dividend
The payout will mark Nike’s 18th consecutive year of increasing dividend payouts. Said Mark Parker, Chairman, President and CEO of Nike, Inc. “This dividend increase, combined with the four-year $15 billion share repurchase program announced in 2018, reflects continued confidence in our strategies to generate long-term, profitable growth as we accelerate execution of our Consumer Direct Offense.”
Altra’s Todd Dalhausser To Speak At 2020 Running USA Conference
Todd Dalhausser, president of Altra Running, will be one of the keynote speakers at the 2020 Running USA Industry Conference presented by Race Roster.
Conspiracy Charges Dropped In Michael Avenatti Nike Case
Federal prosecutors on Wednesday dropped two counts of conspiracy against Michael Avenatti from the case, which was first made public in March, according to a superseding indictment filed in federal court in Manhattan.
Yue Yuen’s Sales Expand 5 Percent In Nine Months
Yue Yuen reported earnings in the nine months rose 12.1 percent on a 5.1 percent revenue gain.
Adidas Renews Deal With Spanish FA
The Spanish FA (RFEF) confirmed a new kit deal with Adidas to remain as the official kit supplier for the Spanish national team. The new contract extends until December 2030.
Nike To End Pilot With Amazon
Nike will stop selling on Amazon, ending a pilot program that started in 2017. Nike said in a statement, “As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail.”
Famous Footwear Opens Newest Flagship Store In New York City
Caleres announced the opening of a new Famous Footwear flagship store at 34th Street and Broadway in New York City on Friday, November 15. This will be the largest of the company’s 32 New York metro area stores.
Adidas Partners With Prada
The Italian luxury-goods house, Prada and Adidas have joined forces to start a new collaborative journey.
Mizuno’s Earnings In Half Boosted By Americas
Helped by improved profitability in the Americas region, Mizuno reported net income rose 21.7 percent in the half despite a 1.7 percent sales decline.
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