United States
Skechers Foundation announces 1.2 million US dollars fundraising goal
The 2015 Skechers Pier to Pier Friendship Walk taking place on the 25th of October is the event behind the fundraising action
Under Armour announces departure of COO/CFO
The US-based company has announced that Brad Dickerson will be stepping down to pursue another professional opportunity outside of the athletic performance industry. The leaving date is set for early 2016
JD.com opens US office
China’s largest online direct sales company, has opened its first US facility, a new research and development center located in Silicon Valley
CCMP Capital to acquire Shoes For Crews
CMP Capital Advisors, LLC (CCMP) and Shoes For Crews confirmed they have entered into a definitive agreement under which affiliates of CCMP will acquire a controlling interest in the slip-resistant footwear company
New edition of the Foot Locker Scholar Athletes Program
This is the fifth consecutive year of a college program which awards scholarships to outstanding student athletes
Trans-Pacific Partnership trade deal reached
The US and 11 Pacific countries have reached an agreement regarding the region’s largest trade deal in its history, the Trans Pacific Partnership (TPP)
Crocs lowers sales outlook
During its Investor Day meeting in Boston on the 30th of September the company updated some of the forecasts announced previously
Foot Locker partners with James Harden on new Twitter campaign
The US-based company teams up with the NBA Star for Play My Tweet, a new social media campaign
Nike announces new plan to reduce its environmental footprint
The US-based sportswear giant announced a commitment to reach 100% renewable energy in company owned and operated facilities by 2025 and a new collaboration with the MIT
Nike announces revenue up by 5%
Nike, Inc. reported fiscal 2016 first quarter results. Revenue totaled 8.4 billion US dollars, up by 5%. Growth rate would be 14%, if currency changes are excluded
Rack Room Shoes donates 1.1 million US dollars
The US-based footwear retailer continues to support children in need through their annual campaign Shoes That Fit. The highest donation to date has been registered
Quiksilver reduces losses
The company, which filed for bankruptcy protection at the beginning of the current month, reduced its losses in the third quarter, with a 43.5% improvement
Under Armour forecasts revenue of 7.5 billion US dollars by 2018
During its biennial Investor Day meeting, held last week, the US-based business has announced more details of its long-term growth strategy, highlighting the new 2018 net revenue target
Nine West in sourcing agreement with the Camuto Group
The agreement aims at providing production and sourcing for the Nine West, Bandolino and Anne Klein footwear brands
Alibaba teams up with US Postal Service
The ecommerce giant will work with the US post office on cross-border e-commerce, with an aim to speed up delivery of merchandise ordered by US consumers on Alibaba’s international online platforms-
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