Fila North America appointed Danny Lieberman as executive vice president, apparel and Gary Wakley as executive vice president, footwear.
Category: Footwear
Li Ning Appoints Former Uniqlo Executive As Joint CEO
Li Ning hired Uniqlo’s Kosaka Takeshi as its joint chief executive officer.
Kohl’s Announces 2025 Sustainability Goals
Kohl’s announced sustainability goals with a focus on three key areas: climate action, waste and recycling, and sustainable sourcing.
Fleet Feet Sues Nike Over ‘Sport Changes Everything’ Slogan
Fleet Feet Inc. has filed a lawsuit against Nike Inc. over Nike’s use of phrases such as “Change Everything” and “Running Changes Everything” in advertising.
Tariffs Give Pause To Holiday Shoppers, Study Shows
According to Coresight’s Holiday 2019: U.S. Shopper Survey, almost six in 10 holiday shoppers are concerned about tariffs causing prices to rise on holiday gifts. Only 16 percent would absorb those rises and increase their spending.
China Files WTO Complaint Against U.S.
On Monday, Beijing filed a complaint against Washington at the World Trade Organization over U.S. import duties. China claimed the latest round of tariffs violated a consensus reached by leaders of both countries in Osaka, Japan.
J.C. Penney’s Debt Rating Downgraded By S&P
Standard & Poors Corp. lowering its debt ratings on J.C. Penney Corp. Inc. due to continued revenue declines and the increasing likelihood that they’ll have to pursue a distressed debt exchange.
DTC Shoe Brand Atoms Secures $8.1M In Series A Round
Atoms, the DTC (direct-to-consumer) shoe brand, has raised $8.1 million in a Series A funding round, according to TechCrunch.
Surf Expo Cancelled Due To Hurricane Dorian
Due to the continued threat of Hurricane Dorian on Orlando, the state of Florida, the southeast and the east coast, Surf Expo announced that it will cancel the 2019 event, as well as the pre-show outdoor festival, Waterfest, on September 4, at the Orange County Convention Center in Orlando, FL.
Puma Signs R.J. Barrett
Puma signed former Duke Basketball star and current New York Knick, R.J. Barrett, to an endorsement deal. Barrett was the third pick in the 2019 NBA Draft and is being touted as a possible breakout star.
Over 200 Footwear Companies Push President Trump To Cancel New Taxes On Shoes
Over 200 American footwear companies came together and sent a compelling letter to President Trump on Wednesday asking that he cancel his proposed higher taxes on American shoe customers set to take effect on Sunday. The letter was signed by both small and independent shoe stores and larger footwear brands and retailers.
Rack Room Appoints VP Global Supply Chain North America
Rack Room Shoes has promoted Peter Hohensee to vice president global supply chain North America and has hired retail industry veteran, Donna Mull as CRM director of omni channel to lead the brand’s loyalty program.
PVH Lowers Outlook
PVH Corp. reported second-quarter revenue increased 1 percent (increased 3 percent on a constant currency basis) compared to the prior-year period and exceeded guidance. The company lowered its full year 2019 EPS outlook to reflect a more conservative view in part due to trade war tensions.
Tilly’s Q2 Comps Inch Up 0.6 Percent
Tilly’s Inc. reported earnings were down slightly but handily topped guidance after sales recovered in June and July after a sluggish May.
Under Armour Partners With Eastern New Mexico University
Under Armour signed Eastern New Mexico University (ENMU) to a four-year sponsorship deal.
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