Li Ning Widens Annual Loss

Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent…

Feetz Raises $1.25M in Funding

Feetz, which specializes in customizable footwear using 3D printing, closed on a $1.25 million seed round. Investors included Khosla Ventures, the JumpFund, and ex-Reebok CEO Uli Becker. Becker joined Feetz's board of directors…

Skechers Friendship Walk Raises $1.1 Million

Skechers President Michael Greenberg was recently joined by a number of celebrities at the 6th annual Skechers Friendship Walk check presentation in Manhattan Beach to celebrate the raising of $1.1 million in its annual charity event.

Largest Big 5 Shareholder Initiates Proxy Battle

Stadium Capital Management, LLC (SCM) said it has notified Big 5 Sporting Goods Corp. that it will nominate three “highly qualified, independent candidates” to serve on the retailer's board at Big 5's 2015 annual meeting expected to be held in J