PVH Corp. Swings to Loss on Acquisition Charges

PVH Corp. swung to a loss in the fourth quarter ended Feb. 2 after charges tied to last year’s acquisition of Warnaco Group Inc., which included the Speedo brand as well as Calvin Klein underwear and jeans…

Pacific Vector Closes 13 Stores

Pacific Vector Holdings Inc., which announced plans in January to reduce its debt, has closed 14 of 34 action sports stores it acquired last year from…

Asics to Expand Accelerate Hope Collection

After years of success, Asics is planning larger donation percentages to the selected charities as part of its Accelerate Hope initiative. This fall, the line will also be expanded within footwear, apparel and accessories. New products within the collecti

Kohl’s Chief Merchant Resigns

Donald Brennan, Kohl's Corp.'s chief merchandising officer, is resigning from his position, effective Apr. 1., according to a regulatory filing…

Under Armour Hires Fritz Taylor as VP, Run

Under Armour announced that Fritz Taylor has joined the organization’s footwear leadership team as vice president, run, effective immediately. In this position, Taylor, formerly at Mizuno, will be directly responsible for guiding the merchandising a

Li Ning 2013 Net Loss Narrows

Li-Ning, benefiting from restructuring initiatives, reduced its loss in 2013 to 391.5 million yuan ($63 million), compared to a 1.98 billion yuan loss in the year ago period. Revenues fell 12.8 percent to 5.82 billion yuan ($939 mm), partly due to its nea

Nike’s Q3 Impresses; FX Headwinds Cloud Outlook

With both its basketball and running segments clicking, Nike Inc. seems to have few challenges these days driving demand for its products. But even the sporting goods giant can’t do much about currency fluctuations. The company delivered third-quart