Nike Signs Mega-Deal With Odell Beckham Jr.
Nike Inc. reportedly agreed to pay the New York Giants wide receiver $29 million over the next five years in what’s believed to be the largest footwear deal with an NFL player. A bidding war with Adidas boosted the deal’s price.
DSW Finds Athletic Strength Can’t Offset Dress Weakness
Debbie Ferree, chief merchandising officer, said the athleisure strength represents solid demand for performance athletic and fashion athletic on the women’s and the men’s side that are not performance brands.
Tilly’s Narrows Q1 Loss
Tilly’s Inc. shrunk its loss in the first quarter while showing a 0.6 percent same-store gain, exceeding guidance.
Target To Pay $18.5 Million To Settle Data Breach Fallout
The payout represented the highest valuation of a multi-state data breach investigation to date.
Vivobarefoot Partners With Bloom To Make Shoes Out Of Algae
Bloom uses algae biomass harvested from freshwater sources around the world to make EVA foams.
Puma Partners With Right To Play
As part of this cooperation, Puma has donated 9,000 footballs for Right To Play programs in nine countries including Ghana, Pakistan and Thailand.
361 Degrees USA Growing Momentum In Q1
The U.S. arm of the publicly-traded Chinese footwear and apparel giant said it plans to increase its marketing spend by 50 percent in 2017 with a focus on both trade and consumer media.
Scarpa Names Rep Group Of The Year
All Mountain Group “has done a great job, in a very challenging market climate, of proactively finding ways to grow sales,” said Mark Mathews, vice president of sales.
Outdoor Industry Execs Gather For Climate Leadership Summit
The event precedes Telluride Mountainfilm Festival, themed as “The New Normal,” engaging in the work to actively battle climate change.
Darn Tough Vermont Debuts Pro Ambassador Program
Joining Team DTV are Allie Rood, Brooke Froelich, Coree Woltering, Eric Sensemen, Fawn Dorr, Jeremy Wolf, Josh Ferenc, Megan McJames, Neely Fortune, Noah Tautfest, Ralph Kucharek, Sasha Yakovleff, Stevie Anna, Vasu Sojitra and Zeb Blais.
DSW Slides On 3 Percent Comp Decline
DSW Inc. reported earnings excluding special charges reached $25.7 million, or 32 cents per share, a decline of 14.3 percent versus a year ago.
Merrell Appoints Sue Rechner President
Rechner has been the CEO and president of Confluence Outdoor, and was formerly president of Victorinox Swiss Army.
Lacoste Teams Up With Novak Djokovic
For Djokovic, the brand has developed an eponymous clothing line specially designed to kit out the champion during the Grand Slam tournaments as well as dress him for other tournaments throughout the season.
Astral Appoints In-Sport Fashions As Canadian Distributor
Previously handled directly from Astral’s facilities in Asheville, NC, Canadian retailers will now have the opportunity to order Astral footwear directly in Canada.
Nordstrom Adds TaskRabbit CEO Stacy Brown-Philpot To Board
Nordstrom Inc. announced he reelection of eleven existing members of the board of directors, and the appointment of Stacy Brown-Philpot, CEO of TaskRabbit, as a new director.
