Retail
Puma partners with Cramer
In early 2017, the sportswear giant launched a loyalty program to recruit Puma soccer players. Now, to mark the launch of the program they joined with experience agency Cramer to reimagine what shoe packaging could be
Sports Direct ups its stake in Debenhams
One of the largest sports-goods retailer in the UK has just made a strategic investment in the department store giant
Belle expects double digit drop in profit
China-based retailer should close its financial year with a drop of 15% to 25% in profit. Weaker sales in its footwear business should be one of the reasons
Crocs to close 160 stores by 2018
While announcing its fourth quarter and fiscal year results the US-based company has also confirmed it has a plan to close 30% of its stores within the next two years
JCPenney to close more than 100 stores
JC Penney believes this to be the right strategy to adjust the business allowing it to effectively compete against the growing threat of online retailers
Nordstrom earnings exceed expectations
The Seattle-based company today reported fourth quarter earnings that exceeded expectations, reflecting continuous improvements to its operating model
Sales down at Macy’s
The Cincinnati-based company reported declining sales and earnings in the fourth quarter and year. Outlook for 2017 points to further declines
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
Footwear retail trade largely dissatisfied
The BDSE confirmed that according to a recent survey with owner-run shoe retailers in Germany, 75% of shoe stores were unable to reach their previous year’s figures
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
Burberry results in line with expectations
Company underlines the 4% increase in retail sales, with confirmation of early results delivered by implemented long-term strategies and efficiency plans
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
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-
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