Said Mark Parker, chairman, president and CEO of Nike, Inc., “Today’s announcement, combined with the four-year $12 billion share repurchase program we announced in 2015, demonstrates our continued confidence in generating strong cash flow and returns for shareholders through our new Consumer Direct Offense.”
Category: Footwear
Shoe Carnival Lifts Outlook On Strong Q3
Shoe Carnival reported net earnings rose 10.6 percent to $10.7 million, or 66 cents a share, exceeding Wall Street’s consensus target of 62 cents. Same-store sales grew 4.4 percent.
FDRA Holiday Surveys Sees Shoe Spending Increasing
FDRA’s 2017 Holiday Shoe Sales Survey shows comfort/casual sneakers/leisure footwear remain the top choice for holiday shoe buyers, more shoppers are planning to spend more than $100 on shoes, and Amazon dominating as go-to-place online for holiday shoe buying.
Bon-Ton Stores To Close 40 Locations In 2018
The Bon-Ton Stores Inc. plans to close at least 40 locations in 2018 after reporting third-quarter results missed expectations.
FDRA Survey Predicts Big Holiday For Sneakers And Women’s Boots
The report showed that 61 percent plan to spend over $100 on shoes this holiday season, up from 2016. Casual sneakers are the most sought after item again at 34 percent, especially in the western part of the country.
AAOS Launches Redesigned OrthoInfo.org
OrthoInfo.org, the trusted consumer website on bone and joint health, launched a new design that is easier to navigate, access and view, stated the American Academy of Orthopaedic Surgeons (AAOS).
Salomon Athlete Cat Bradley Sets FKT For Grand Canyon Rim-To-Rim-To-Rim
Bradley completed the 42-mile out-and-back route in 7:52:20, beating out the previous women’s record set by Bethany Lewis in 2011 by more than 20 minutes.
Deckers Brands Files Investor Presentation Highlighting Progress Of Transformation And Board Strength
Deckers Brands filed an investor presentation in connection with Deckers’ upcoming 2017 Annual Meeting of Stockholders to be held on December 14, 2017.
Perfect Storm Boot Appoints Northwest Rep
Perfect Storm Boot Corp. announced the addition of the Summit Sales NW team, effective immediately.
PHIT Act Earns 100th Co-Sponsor In Just Eight Months
Congress wants to lower costs to increase activity in America. On November 13, Congressman (Dr.) Paul Gosar (R-AZ) became the 100th House co-sponsor of The Personal Health Investment Today (PHIT) Act in 2017. The previous high was 89 co-sponsors over 2015/16.
Sport Chek’s Weak Sales Continue, Management Upbeat On Prospects
“There are aspects of the business we are pleased with and others that require attention,” said Stephen Wetmore, CEO and president of Canadian Tire, the owner of FGL Sports, of the business on his company’s third quarter conference call. “However, everything we look at is providing upside potential.”
Jordan Partners With Gatorade On ‘Like Mike’ Collection
The apparel collection is available now at select retailers. The Air Jordan VI and XXXII low release December 16.
Balega Opens Application For 2018 Impi Ambassador Team
Impi team members will represent Balega as brand ambassadors to help illuminate Balega’s core pillars: performance, excellence, harmony, creativity and community.
Grassroots Connect’s 2017 Fall Show Sees 13 Percent Attendance Increase
Organizers confirmed 982 total attendees including Grassroots member retailers and vendor partners, invited retailers and vendors, independent sales representatives, business services and media.Pre-booked appointments increased 8 percent to a total of 6,366.
Payless Planning ‘Additional Steps’ To Further Strengthen Organization
Payless ShoeSource, which emerged from bankruptcy proceedings in August, said it may pursue additional restructuring efforts amid reports that layoffs were imminent.
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