Nike, having achieved its first billion dollar quarter in digital sales, will emphasize mobile as it continues to push and invest in the digital channel worldwide through FY20. Worldwide Nike Digital revenues grew 36 percent on a currency-neutral basis in Q3 ended Feb. 28. (Read More)
Yue Yuen, the world’s largest producer of footwear, is facing a number of market challenges as it begins the second quarter of its new fiscal year. (Read More)
A strategic shift is underway at Hibbett Sports, which last week reported a 3.8 percent increase in Q4 comparable sales and annual revenue of more than $1 billion. Hibbett disclosed plans to shutter 95 locations, mostly sporting goods-focused shops in smaller towns. (Read More)
DSW will be known as Designer Brands and will focus its efforts on operational efficiencies and better consumer experiences at its flagship DSW chain, as well as growing and learning from its Camuto Group business after a promotional holiday season took its toll. (Read More)
CEP Compression, the Whitsett, NC marketer of socks and sportswear, introduces its new 3.0 sock with new features that combine comfort and performance. (Read More)
The American Apparel & Footwear Association names Gary Simmons, an Intradeco Apparel director, as its new Chairman, replacing VF Corp.’s Thomas Glaser. (Read More)