Retail
Under Armour to open fourth Distribution Center in 2018
A new 1.3 million-square-foot e-commerce distribution and warehouse facility is planned to open in Baltimore County, as part of the Tradepoint Atlantic redevelopment project
Foot Locker sales over the 1.75 billion US dollars threshold
The New York-based specialty athletic retailer announced sales up by 5% in the second quarter, mainly driven by continued expansion and comparable-store sales growth
Frozen results at Steve Madden
Net sales increased by 0.6% totaling 325.4 million US dollars. Net income reached 24.7 million US dollars compared to 24.5 million US dollars in similar period in 2015
Sales up at Phoenix Footwear
Net sales for the second quarter increased by 4.5% totaling 4.2 million US dollars. Net loss for the period decreased by 112 000 US dollars
Flat revenues at Michael Kors
Strong results registered by the brand in revenue in North America allied to a consolidation of the global presence. A decline in the tourism flows and in traffic malls has offset the good results
UK retail sales fall at fastest pace in 4 years
According to the latest monthly Distributive Trades Survey from the Confederation of British Industry (CBI) retail sales in July had the sharpest decrease in more than 4 years
Columbia Sportswear with mixed quarter results
Net sales for the period increased by 2% but the net loss aggravated, compared to similar period in 2015
Momentum of athletic footwear market to continue
According to a new report by Allied Market Research the athletic footwear industry is expected to generate revenue of 114.8 billion US dollars by 2022
N Brown revenue falls
The UK-based group, owner of fashion brands Jacamo and Simply Bereported, lowered revenue as demand for womenswear and shoes declined
Wordwide footwear associations gathered aiming to strengthen the industry
On the 9th of June 2016 the Second International Footwear Forum (IFF) brought together footwear associations and federations from across the world to exchange views and propose ways to help the companies
Aeropostale gets 160 million US dollars loan
The US-based specialty retailer of casual apparel and accessories for teenagers has filled for bankruptcy last May. Now an US court has approved financing that may help the fashion retailer stay in business and complete its restructuring process
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