United States
Under Armour’s footwear revenue hits 1 billion US dollars
The Baltimore-based sports brand recorded revenue of 4.8 billion US dollars in 2016, up by 22% from the previous year, driven by strong performance in its footwear business
Steve Madden acquires Schwartz & Benjamin
The New-York based designer and marketer of fashion footwear and accessories for women, men and children announced that it has completed the acquisition of the privately held Schwartz & Benjamin, Inc.
Aéropostale to reopen 500 stores
After filing for bankruptcy in May and getting acquired in September, the retailer has announced it will reopen stores in the US
Nordstrom announces its largest-ever donation
Donation is to be made from Treasure&Bond, the company's give-back brand that donates 2.5% of net sales to nonprofit organizations empowering youth
Vans with 50 000 US dollars high school program
The US-based footwear manufacturer is sponsoring its eighth annual Vans Custom Culture art competition, inviting high school art students to embrace creativity
Finish Line to exit JackRabbit
The athletic retailer announced it has entered into a definitive agreement with affiliates of CriticalPoint Capital, a Los Angeles based private investment firm, to exit the JackRabbit business
Athletic footwear sales lost momentum in the US
According to the NPD Group, US athletic footwear results in the fourth quarter contracted following a soft third quarter. This reflects a shift in the second half of the year that contradicts the dynamics of the beginning of 2016
Half a billion dollars' loss for American consumers
The words are from Matt Priest, President and CEO footwear association Footwear Distributors and Retailers of America, reacting to the US withdrawal from the TPP signed today
JC Penney and Nike team up for shop-in-shops
The two companies have gathered efforts to create inspiring Nike brand shop environments in over 600 JC Penney stores
Sales up at Foot Locker
The New York-based specialty athletic retailer reported financial results for its third quarter
Stadium Goods secures new funding
The New York-based marketplace has announced a 4.6 million US new equity funding to help expand its growth strategy
Nike partners with FKA Twigs
The musician and the athletic giant have officially teamed up for Nike Women’s newest campaign
Asics America strengthens leadership team
The American branch of the Japan-based footwear group has announced new names for key executive positions
Kohl’s cuts FY outlook
The decision occurs after the Wisconsin-based company reported decreasing comparable sales for the last two months of 2016
Macy’s announces restructuring plan
The US-based retailer plans to cut down 10 000 jobs, as it prepares the closure of roughly one hundred stores-
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