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Adidas Group Launches Environmental Strategy

The Adidas Group presented its Environmental Strategy, a five-year plan to reengineer the company's approach to environmental management by focusing on significant improvements along the entire value chain. As part of the strategy, which was publishe

Teva Launches Clean Water Campaign for World Water Day

Teva has launched a a new initiative called “Pair for A Foot” with a goal of protecting one linear foot of global waterways for every pair of Teva shoes and sandals sold in 2011. The commitment will be attained through donations to clean water non-profits

DSW Q4 Sales Rise 16.2% on 14.9% Comps Growth

DSW Inc. said net income reached $18.5 million on net sales of $468.5 million for the fourth quarter ended Jan. 29, 2011, up 38.0% and 16.2% respectively from the quarter ended Jan. 30, 2010. Same store sales increased 14.9% for the comparable period on t

Brown Shoe’s Q4 Earnings Slide on Higher Sourcing Costs

Brown Shoe Co. reported sales for the fourth quarter increased 6.8% to $604.5 million. Famous Footwear's sales were up 3.7% to $355.5 million, driven by a 4.9% same-store sales increase, Companywide, earnings were down as higher margins at Famous Foo

DJO Global to Acquire Dr. Comfort

DJO Global, Inc., a provider of medical device solutions for musculoskeletal health, vascular health and pain management, announced that one of its indirect subsidiaries has signed a definitive agreement to purchase Rikco International, LLC, doing busines

Etonic Renews Rally for the Cure Sponsorship

Etonic has renewed its partnership with Rally for the Cure, a breast cancer awareness program benefiting Susan G. Komen for the Cure. As an official partner for 2011, Etonic will provide golf and running footwear for Rally for the Cure golf and tennis eve

VF Corp. Rolls Out Five-Year Growth Plans

VF Corp. on Monday unveiled new five-year financial targets with a goal of adding $5 billion in revenues and $5 in earnings per share growth from 2010 levels. Not surprisingly, its Outdoor & Action Sports coalition is expected to fuel that expansion…