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Vibram USA Acquires Quabaug Corporation

Vibram has acquired the soling assets of Quabaug Corporation, its U.S. manufacturing and distribution partner since 1965. Vibram USA and Quabaug will now do business as Quabaug Vibram Innovation…

Genesco’s Q1 Earnings Miss Wall Street Targets

Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of 68 cents a

Tilly’s Q1 Earnings Climb

Tilly’s, Inc. reported first-quarter earnings nearly doubled to $1.3 million, or 5 cents per share, from $591,000, or 2 cents a year ago. Comparable store sales, which include e-commerce sales, increased 2.0 percent compared to the same 13-week peri

Adidas Responds to FIFA Scandal

In response to the FIFA bribery scandal, Adidas urged soccer's governing body “to continue to establish and follow transparent compliance standards in everything they do.”…

Foot Locker’s Q1 Earnings Climb 13.6 Percent

Foot Locker Inc. reported first-quarter earnings jumped 13.6 percent to $184 million, or $1.29 a share. Results easily topped Wall Street's consensus estimate of $1.23 a share. Same-store sales jumped 7.9 percent. Richard Johnson, president and CEO,

Karmaloop Acquired in Bankruptcy Auction

Karmaloop, Inc., a 15-year-old online retailer specializing in streetwear, action sports and music-inspired clothing, announced that Comvest Partners, of West Palm Beach, and CapX Partners, Chicago, are acquiring all of Karmaloop's businesses, includ