The acquisition of Invertex promises to move Nike further down the road of being able to offer more personalization and customization to consumers while addressing the complexities of finding the correct shoe size online.
Category: Footwear
Adidas Partners With Lean In To Promote Equal Pay For Women
Lining up with Equal Pay Day held on April 10, Adidas and sister brand, Reebok, are partnering with Lean In, the movement founded by Facebook chief operating officer Sheryl Sandberg to encourage gender equality in the workplace and support equal pay.
Dick’s To Open Stores in Waco And North Little Rock
Dick’s Sporting Goods will be opening two new Dick’s Sporting Goods stores in April in Waco, TX and North Little Rock, AR.
Kirk Palmer Associates Leading President Search For Famous Footwear
Kirk Palmer Associates has been retained to guide the search for a new president for Famous Footwear. Caleres Inc. recently announced that Famous Footwear’s president, Rick Ausick, will retire this year as part of a planned succession.
Camber Outdoors Welcomes 15 new Corporate Partners In Q1
New 2018 Corporate Partners include Clif Bar, Cotopaxi, Evo, Hoka One One, GoLite 2.0, Native Eyewear, Notogroup, Prana, Santa Cruz Bicycles, Sanuk, Scarpa, Spyder, Teva, Waypoint Outdoor and Yeti Coolers.
Under Armour, Aston Villa Terminate Deal Three Years Early
Aston Villa FC, the professional football club in Aston, Birmingham, has terminated the team’s partnership with Under Armour.
Nike Acquires Israeli Computer Company
Nike Inc. acquired Invertex Ltd., a fashion-tech company providing scan-to-fit shopping platforms powered by 3D and deep-learning, to strengthen the company’s digital technology and talent as part of Nike’s Consumer Direct Offense.
Gander Outdoors Sets Grand Opening For Cicero, NY
The 65,000-square-foot store will be one of five Gander Outdoors retail locations in New York.
Implus Provides Active Military Members Free Admission To Durham Bulls Games
The partnership provides free home game tickets for active duty military for Durham Bulls regular season games at Durham Bulls Athletic Park.
Adidas Outdoor Opens New Office In Golden, CO
Adidas Outdoor announced the opening of a new office in the American Mountaineering Center in Golden, CO that will serve as a Rocky Mountain area showroom and center for key sales operations.
REI Sees Modest Profit Gain in 2017, Sets New Sustainability Standards For Vendors
REI reported a 3.1 percent gain in operating earnings in 2017 on improving gross margins and record sales. The co-op also ramped up sustainability efforts by announcing new rigorous standards that will impact every brand the co-op sells.
Billabong’s Merger With Boardriders Approved By Court
Billabong International Limited announced that the Federal Court of Australia confirmed its sale to Boardriders.
REI Sets New Sustainability Standards For Suppliers
To elevate sustainability across the outdoor and retail industries, REI Co-op debuted product sustainability standards that apply to each of the more than 1,000 brands sold at the co-op.
Adidas To Close Stores In Online Shift
Adidas is planning to close stores in coming years as the company shifts investments to online operations, Adidas CEO Kasper Rorsted told the Financial Times.
REI Posts Record Sales In 2017
REI, celebrating its 80th year, reported sales of $2.62 billion in 2017, a gain of 2.3 percent from $2.56 billion in 2016. The co-op also welcomed nearly 1 million new members and reinvested nearly 70 percent of profits into outdoor communities in 2017.
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