Genesco Inc. raised its outlook for the year after reporting third-quarter profit and same-store sales rose above expectations. Among its segments, same-store sales grew 4 percent at Journeys and improved 3 percent for Schuh while falling 6 percent at Johnston & Murphy. (Read More)
Kering, the parent of Gucci and Balenciaga, is in exploratory talks to acquire the Italian skiwear brand Moncler, according to a report from Bloomberg. (Read More)
Johnson Outdoors reported a 14 percent jump in sales for the fourth quarter ended and 3 percent in the fiscal year ended September 27. (Read More)
Neil Cole, Iconix Brand Group’s founder and former CEO, has been charged with accounting fraud while Seth Horowitz, Iconix’s former COO, pled guilty to related charges. (Read More)
Fresno State Athletics announced that Adidas will replace Nike as its official athletic footwear, apparel and accessory brand in a 6-year partnership through the 2026 season. The agreement is effective June 1, 2020. (Read More)
True Sports, the parent of True Temper, Project X and ACCRA, has acquired Aerotech Golf, a designer and distributor of high-end composite golf shafts. (Read More)
Astral, manufacturer of PFDs and footwear, appointed Mark Cohen to cover the Southern Rockies. (Read More)
Marker Dalbello Völkl announced the promotion of Greg Grip to president of its U.S. subsidiary, following the recent retirement of long-time president Mike Noonan. (Read More)
Outerknown, co-founded by professional surfer Kelly Slater, announced the opening of its first brick-and-mortar store. The store is located on the border of the South Bay surf community in Manhattan Beach, CA. (Read More)
Nike Inc.’s “Sport Changes Everything” ad campaign was halted by a North Carolina federal court based on likely confusion with Fleet Feet Inc.'s “Sports Change Everything” and “Running Changes Everything” trademarks. (Read More)
