Major League Baseball will open a two-level, 17,000-sq.-ft. flagship store on the Avenue of the Americas next summer. Global planning, sales and hospitality company Legends, owned by the New York Yankees and Dallas Cowboys, will operate the store that will offer a wide assortment of... (Read More)
Angelo Ng, who spent more than 18 years working for Levi Strauss in a variety of roles and nearly four years at Nike, has been hired by Wolverine Worldwide as the company’s first-ever Chief Merchant Officer. He is being charged with developing a merchandising growth strategy and innovation roadmap for Wolverine’s dozen brands, which include Merrell, Sperry and Saucony. He has three-year objectives but believes consumers will begin to see some of the changes by Summer 2020. We discuss these topics and more with Ng in this week’s podcast.
Data released Friday suggests that China is in the midst of its biggest economic slowdown since 1992 and the persistent trade war with the U.S. isn’t helping matters. But a London-based research firm contends China’s dominance as a leading apparel and textile sourcing country will remain despite ongoing efforts by footwear and apparel companies to diversify their respective supply chains. (Read More)
The publicly traded maker of everyday basic apparel dropped its Q3 and full-year revenue guidance last week, citing lower demand for imprintables in North America and ongoing softness in international imprintable markets. (Read More)
Way of Wade, a seven-year-old sportswear collaboration between NBA star Dwyane Wade and Li-Ming, launches a two-shoe collection that was designed and created in conjunction with Rick Ross. The WOW7 in black, purple and gold is Wade’s seventh signature basketball shoe. (Read More)
Boa Technology opens a Performance Fit Lab at its Denver global headquarters in partnership with the University of Denver to conduct independent, scientific studies that measure the biomechanical impact of its fit solutions. (Read More)