Puma Q4 Loss Widens on One-Time Charges

Puma reported a loss of €115.2 million ($157.8 mm) in its fourth quarter due to previously-announced restructuring charges but also barely made an operating profit in the period. Revenues slid 13.2 percent to €698 million ($956.3 mm) and 4.7 p

Crocs Reports Steep Q4 Loss from Restructuring Charges

Crocs Inc. reported a loss of $66.9 million in the fourth quarter, partly due to $49.2 million in non-recurring restructuring charges. Revenues increased 1.6 percent. Sales in the Americas region, driven down by a decline of 10.1 percent in Wholesale reve

Puma Announces Senior Management Changes

Puma appointed Lars Soerensen appointed to global director business processes and intelligence, a new position, while
Jürgen Wormser becomes global director footwear sourcing and development…

RECALL: Coleman Runestone Children’s Shoes

The U.S. Consumer Product Safety Commission issued a recall of about 12,200 pairs of Coleman Runestone Style children's shoes sold exclusively at Big 5 Sporting Goods. The shoes were made by Eastman Footwear…

Keds Unveils New Global Multimedia Campaign

Keds announced the largest multimedia campaign in its history. Titled Million Brave Acts, the campaign introduces several new initiatives that will help build a generation of stronger, more confident young women…